Steven C Fahrenkrog Lpa Ea
Eldridge, IA:
Basic Tax Tips for New Businesses
As part of getting started with your own new businesses, you need to learn about which taxes you may need to pay.
IRS Tax Tip: Ten Tax Tips For Individuals Selling Their Home
The Internal Revenue Service has some important information for those who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may be able to exclude all or part of that gain from your income.Read more →
Tax Tip: Is It Deductible?
Kiplinger's tax experts reveal the deductions you don't want to miss.
5 Small Business Tax Tips
You can help minimize your business' tax burden by taking advantage of applicable deductions. Check out these small business tax tips.
5 Tax Tips for Millennials
Winging it on your taxes? You could be missing out on significant savings or worse yet, be endangering your finances and freedom by not knowing the basics.
Smart Tax Tips for Newlyweds
A few key moves after you've tied the knot can help you avoid tangles at tax time
Seven health tax tips
It's everyone's favorite time of year: Tax season. Do you know how to make the most of it?
9 retirement savings tax tips
You might be able to muddle through retirement without knowing each and every line of Uncle Sam's tax code. But you'll likely give the federal government more than its fair share of your nest egg if you don't
File With Confidence: Tax Tips for Homeowners
Have you graduated from the E-Z form? You’ll be ready.
Tax Tip: How Volunteering Can Lower Your Tax Bill
While volunteering can be rewarding for both you and those you help, you shouldn't expect to receive much more than gratitude in return when it comes time to file your ta
Tax Tip for Businesses: Pay Your Spouse's Fringe Benefits!
TAX TIP: PAY YOUR SPOUSE'S FRINGE BENEFITS!As a business owner, if you hire your spouse, then as his or her employer you can pay for the healthcare of his or her (your)
Tax tips: Business gifts
Question: As a commission salesman who files as a sole proprietor on Schedule C, I often give gifts to my clients and referral sources. I assume that since the gifts are business related, I can ded…
Tax tips: Limited liability companies
Question: Two of my friends and I are starting a new business and have been advised by our attorney to form a Limited Liability Company. Please explain how this type of entity is taxed? Answer: Sta…
Tax tips: IRS installment payments
Question: I owe the IRS approximately $9,000 which is more money than I can afford to pay. Can I make a deal with the IRS to pay them off over time? Answer: If you can’t pay the full amount you owe…
Tax tips: Mistakes and scams to avoid, and tools to help
CNNMoney has tips to make the filing process easier.
Tax Tips: 5 Ways to Avoid an IRS Audit
Audits can be time-consuming, expensive and stressful. But there are ways to reduce the odds. Here’s are 5 tax tips to help you do just that.
Tax tips: Avoiding the Form W4 trap
Question: I employ many individuals that speak English as a second language. I am often asked by new hires for help completing their Form W-4. I have been advised by a human resource consultant tha…
Barry Dolowich, Tax Tips: Reconciling your checkbook
Question: I am a financial mess! I can never figure out what is in my checking account and I have no clue how to reconcile my checkbook with my bank statement. Is there a simple way to do this? Ans…
Tax tips: Losses from home businesses
Question: My wife has a home business selling cosmetics. For the past three years, she has not shown a profit on her Schedule C. Can we continue to deduct losses on our tax return in perpetuity? Is…
Tax tips: A holiday gift for your loved one
Today’s column is not about making a gift of your assets as an estate tax planning tool. It is not about making gifts to your favorite charity to achieve a charitable deduction on your income tax r…
