*Special Reports

A Little Groundwork: Nonprofit Return : The 990

April 3, 2012
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As with many things in life, we know we have to do them and we have to do them right and on time; filing tax returns ranks fairly high in this arena for many. In my own experience I have found that by finding some history or some context…

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Basic Legal / Financial Boundaries for a Nonprofit

March 27, 2012
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Your organization is doing good work, and has an important message to offer your community. But do-gooding is not enough for your local governments and tax boards: there are strict rules that must be followed:

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The Basics: Why is there a NonProfit Tax Status?

March 20, 2012
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The intricacies of nonprofit finance: solicitations, donations, gifts, pledges, 990, 1099, annuities, acknowledgements, meaningful budgets and reports make this topic rich with possibilities. You’re panting, now aren’t you?

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How to Incorporate Your Own Business – or Your Clients’ Businesses

May 4, 2011

Hi Eva, I was hoping that you could point me towards a place where I could learn more about incorporating small business’s. For a couple of years I’ve been sending people to lawyers to get incorporated and I’m tired of it. I incorporated my own business and my husband’s so I have a pretty good idea of [...]

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Just in time for Valentine’s Day – Taxes for Partners!

February 11, 2011

Partners’ Filing Status Varies Federal to State, and State to State Courtesy of CCH – This article is SO important for all domestic partners to read! (RIVERWOODS, ILL., February 11, 2011) – Whether opposite-sex or same-sex marriage, civil union or domestic partnership, your relationship can have tax consequences, according to CCH, a Wolters Kluwer business [...]

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TaxMama’s® 10 Tips for Business Success

January 8, 2011

Running a business or a department is complex, with innumerable people and government agencies pulling on you from all directions. With the endless demand for reports, it’s amazing that anyone is actually able to get work done, produce a product or finish a project. Yet, we do, don’t we? And we do it well. In [...]

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Stupid Tax Tricks – Things Not to Do

January 7, 2011

None of us enjoys paying taxes. We see the very rich layer of society getting away with murder financially and naturally want the same privileges in life. Besides, getting something for free always holds appeal. As a result, tax return schemes get ever more complex. Internal Revenue Service’s databases can cross-reference Social Security numbers with [...]

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What Happens If You File a Business Income Tax Return After Sept 15?

September 16, 2010

Guest article by Wayne M. Davies Author of the free report One Simple Step. The due date for business income tax returns on extension is September 15. If that date has passed and you still haven’t filed a return for your corporation, partnership or LLC that is being taxed as a corporation or partnership, what [...]

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A Trip to the IRS Tax Forums, Page 1

September 3, 2010

Last week, all my tax staff and I took our annual trip to the IRS Tax Forum. When these forums first started out many years ago, the fee was $25 for three days of education provided by IRS staff and a variety of tax professionals from sponsor associations. It was an amazing value – especially [...]

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