727·330·3500    ·    Denise Mensa-Cohen, Enrolled Agent    ·    Office Located in Clearwater, Florida
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IRS Delays 2014 Tax Season

IRS Delays 2014 Tax Season

The 2014 filing season is likely to be delayed one to two weeks to allow adequate time to program and test tax processing systems following the 16-day federal government closure. A final decision will be announced in December, Acting IRS Commissioner Danny Werfel...
IRS Delays 2014 Tax Season

Tips for Taxpayers with Foreign Income

If you are living or working outside the United States, you generally must file and pay your tax in the same way as people living in the U.S. This includes people with dual citizenship. If you’re a taxpayer with foreign income, here’s what you should know:...
IRS Delays 2014 Tax Season

Three Most Common Budgeting Errors

When it comes to creating a budget, it’s essential to estimate your spending as realistically as possible. Here are three budget-related errors commonly made by small businesses, and some tips for avoiding them. Not Setting Goals. It’s almost impossible to...
IRS Delays 2014 Tax Season

Year-End Tax Planning for Businesses

There are a number of end of year tax strategies businesses can use to reduce their tax burden for 2013.   Here’s the lowdown on some of the best options. Purchase New Business Equipment Section 179 Expensing. Business should take advantage of Section 179...
IRS Delays 2014 Tax Season

Year-End Tax Planning For Individuals

Tax planning presents more challenges than usual this year due to the passage of the American Taxpayer Relief Act of 2012 (ATRA), which was signed into law on January 2, 2013, as well as certain tax provisions of the Patient Protection and Affordable Care Act of 2010...

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