Change in withholding rules likely to take a bite out of tax returns ~ A few dollars a week ‘doesn’t stimulate the economy’ By JENNIFER ROBISON LAS VEGAS REVIEW-JOURNAL “If the minor earns income and is claimed as a dependent on someone else’s return then they only need to file a return if their total […]
In less than 30 days two federal incentives for homebuyers will no longer be available. The credits which would benefit first time home buyers and repeat home buyers expire April 30, 2010. There’s an $8,000 tax credit for those first time buyers (defined as not having owned a home in the last three years) and a $6,500 […]
FOR IMMEDIATE RELEASE: Local CPA Firm Pledges $20 For Every New Tax Return Filed in its offices to help the Southern Nevada Chapter of the American Red Cross. Las Vegas, NV – March 13, 2010 – Kondler, Chavez & Koch a premier Certified Public Accounting Firm with offices in Las Vegas and New Jersey, announced today it […]
It’s true… and the important date you need to know right now is that you must have a binding sales contract in place BEFORE May 1, 2010 in order to qualify for the home buyer tax credits… and for long time homeowners you have to “close” on or before June 30, 2010. The long time […]
Accountants have traditionally limited their assignment of short-term depreciation of building components for Federal Income Tax purposes to the 3-5% of building costs found in furniture and fixtures. A cost segregation analysis maximizes a building’s tax benefits by identifying, classifying, and segregating a larger percentage of a building’s assets for accelerated depreciation. Depending on the […]
What Accounting System Are You Using? If your answer to that question is, “I put all my accounting records into a file box and delivering it to our bookkeeper or accountant once a month or once a quarter (the catch up system),” then you really need to pay attention to this article. In most cases, you are […]
