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Hello, Website Visitor. Here are your articles for March 7, 2007.
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You need a new business car, but you aren't sure whether to lease or buy. While there are a few disadvantages to leasing (you don't actually "own" anything and can be charged penalties for wear-and-tear) the tax laws sometimes make it a better option than buying. Click Full Article to find out why.
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Holders of Unclaimed Property (even if they have none) have until April 17 to file reports with the Pennsylvania Treasury Department. Read the Full Article for clarification of what qualifies as unclaimed property and who must file.
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Q. Several times this past year, you donated blood at the Red Cross. How much can you deduct on your tax return? a. $10 a pint as a business expense deduction b. $20 a pint as a medical expense deduction c. Nothing d. The fair market value of the blood as a charitable deduction.
Click Full Article for the answer
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
IRS Circular 230 Notice: To ensure compliance with requirements imposed by the IRS, we inform you that any US tax advice contained in this communication is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code.
Securities and advisory services offered through Geneos Wealth Management, Inc. Member FINRA/SIPC. Geneos Wealth Management, Inc is not affiliated with Stambaugh Ness.
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Here's your chance! Questions are now being accepted for the QuickBooks Can! seminar scheduled on Thursday, March 22 in York. If you have a challenge you would like to have discussed at the seminar, read the Full Article to both register and submit your question.
