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Greene McCowan: Tax Tips For Individuals
http://www.gmccpa.com/tax-tips-for-individuals
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. Tax Tips for Individuals. Tax Incentives for Higher Education. You may be able to deduct interest you pay on a qualified student loan. The deduction is claimed as an adjustment to income so you do not have to itemize your deductions on Schedule A Form 1040. However, this deduction is also phased out at higher income levels. Check Withholding to Avoid a Tax Surprise. The IRS withholding calculator on IRS.gov can ...
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Greene McCowan: Due Dates
http://www.gmccpa.com/tax-due-dates
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. All due dates assume that the date falls on a business day. If the due date falls on a holiday or weekend, the due date will be the next business day. File Form 941 for the second quarter. This due date applies only if you deposited the tax for the quarter in full and on time. Employees who work for tips -. If you received $20 or more in tips during July, report them to your employer. You can use Form 4070. File For...
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Greene McCowan: Financial
http://www.gmccpa.com/financial-guide
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. Developing a Financial Plan. What should my long-term financial goals be? The first step is to figure out a realistic financial goal for yourself and your family. Are there simple guidelines to follow towards a comfortable retirement? It is always a good idea to contribute as much as possible to retirement plans, to take advantage of tax deferral and employer matches. Generally people need around 80% of their pre-re...
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Greene McCowan: Business
http://www.gmccpa.com/business-guide
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. What can I do to prepare my small business for the generation to come? Here are a few possible remedies to this problem:. Sell off the company. Remain as the owner, but contract others to manage. Keep ownership and management within the family. The most common causes for failure of the transition of the small business are as follows:. There is no strategy. The business is missing energy. Make a Succession Plan, whic...
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Greene McCowan: Banking
http://www.gmccpa.com/banking-guide
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. What can I do to raise money for my small business? When beginning, entrepreneurs usually look to private sources like friends and family. Generally, the money is loaned at a low interest rate or interest free, which is very beneficial at the beginning. Although the process is complex and frustrating, raising capital is the most basic of all business activities. For business financing, what kinds of loans exist?
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Greene McCowan: Financial Calculators
http://www.gmccpa.com/financial-calc
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. These calculators have been provided as a resource for you to help plan your financial matters. Enter your criteria and you will find answers with dynamic graphs and personalized reports. Does inflation impact my standard of living? How much am I spending? How much do I need for emergencies? Should I pay down debt or invest more? How long will my money last? Should my spouse enter the work force? Should I pay extra ...
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Greene McCowan: Monthly News
http://www.gmccpa.com/monthly-news
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. Subscribe to the Monthly Newsletter. Pros and Cons of 401(K) Loans and The Tax Impact of a Child's Investment Income. Are You Sure You Want To Take That 401(K) Loan? Many 401(k) plans allow participants to borrow as much as 50% of their vested account balances, up to $50,000. These loans are attractive because:. They’re easy to get (no income or credit score requirements),. There’s minimal paperwork,. Loans, unless ...
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Greene McCowan: Tax Forms and Publications
http://www.gmccpa.com/tax-forms
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. The Tax Organizer is a simple form that is easy to fill out and will provide all of the necessary information to prepare your taxes. Download the Tax Organizer Form (pdf). Forms, Instructions and Publications. Form for 433-A (OIC). Form for 433-B (OIC). Form 940 (Schedule R). Form for 940 (Schedule R). Form 941 (Schedule B). Form for 941 (Schedule B). Inst 941 (Schedule B). Instructions for 941 (Schedule B). Form fo...
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Greene McCowan: Tax Tips For Businesses
http://www.gmccpa.com/tax-tips-for-businesses
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. Tax Tips for Businesses. If your business is engaged in a qualifying production activity you may be able to take a tax deduction for your U.S. based business activities. The deduction is limited to income arising from qualified production activities in whole or in part based in the United States. The following are qualified production activities. Manufacturing based in the United States,. Have you just started a new...
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Greene McCowan: Daily News
http://www.gmccpa.com/daily-news
Certified Public Accountants and Consultants. NetClient CS - iOS. NetClient CS - Android. Below please find daily updates pertaining to the latest in financial, business, and tax news:. Taxpayer Advocate Service Feed. National Taxpayer Advocate Public Forum Transcripts. Wed, Aug 24, 2016. You] ask people, okay, if you had the choice between trying to find the answer to a government question online, yourself, or just picking up the phone and calling somebody, which would you prefer? Wed, Aug 24, 2016.