Sunday, March 28, 2010

March Madness.... And not the good kind!




Just 19 more days to go in this tax season.

And yep, the crazy has hit the fan!

People who don't want to pay any taxes whatsoever, yet they have not made investments in their business, nor any charitable contributions and don't travel for work.

Hmmm... I'm good, but...

Plus the reality is, if you are paying taxes, you've made money. To grow your business, you are going to pay some taxes! #clearlyanovelconcept

Then there are the people trying to save their homes or even commercial properties. You have to love their verve and pioneering spirit but some are getting a little 'creative' #possiblynotwithinlegalboundsthough

On the good news front, B of A announced some new plans of their own to help homeowners (I like to think it was in direct response to my post a few weeks back #delusional)

We are also on a big push to have our clients fully fund their IRAs to the max. One of my client saved $2,000 in taxes. That was a 33% return right out of the shoot.

We're also fielding a ton of questions from clients about what can be considered deductible for business travel ( the Sunday LATimes article 'Is my Latte Deductible" didn't help anything!)

Then there's the small businesses that can qualify for SEP.

Whew, I'm tired just writing about the week, let alone facing another one!

Next blog will be only 12 days from April 15th (just to warn you it might be 3 lines repeated over and over Get me out of here! Please! I'm serious!)

'Til then be happy and keep your darned receipts organized!

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