Many small start-up businesses are off and running before any record system has been set up. There is money deposited into the new business checking account, some from invested funds and some from sales. Money has been paid out for equipment and supplies, some by check and some by cash out of pocket or from sales receipts. Read more
https://www.kellerowens.com/wp-content/uploads/2012/07/business-startup.jpg365547Keller & Owens/wp-content/uploads/2015/11/logo.pngKeller & Owens2015-01-13 13:59:392015-01-13 13:59:49Every New Business Needs a Record System
In its final session of the year, Congress extended a long list of tax breaks that had expired, retroactive to the beginning of 2014. But the reprieve is only temporary. Read more
When it comes to taxes, being self-employed has some advantages. Whether you work for yourself on a full-time basis or just do a little moonlighting on the side, the government has provided you with a variety of attractive tax breaks. Read more
https://www.kellerowens.com/wp-content/uploads/2012/02/beautician-working.jpg548365Keller & Owens/wp-content/uploads/2015/11/logo.pngKeller & Owens2014-11-18 17:05:192014-11-18 17:05:29Self-employeds get tax breaks
WASHINGTON – IRS Special Edition Tax Tip 2014-23 – Many people give to charity each year during the holiday season. Remember, if you want to claim a tax deduction for your gifts, you must itemize your deductions. There are several tax rules that you should know about before you give. Here are six tips from the IRS that you should keep in mind: Read more
https://www.kellerowens.com/wp-content/uploads/2012/02/passing-collection-plate.jpg365548Keller & Owens/wp-content/uploads/2015/11/logo.pngKeller & Owens2014-11-18 16:56:342014-11-18 17:07:35Six IRS Tips for Year-End Gifts to Charity
If you do volunteer work for a charitable organization and have not kept track of your out-of-pocket expenses, you might be passing up an excellent opportunity to lower your tax bill. To qualify, your unreimbursed expenses must relate directly to the charity, and you must itemize your deductions on your tax return. Here is a brief rundown of some possible deductions. Read more
https://www.kellerowens.com/wp-content/uploads/2012/02/passing-collection-plate.jpg365548Keller & Owens/wp-content/uploads/2015/11/logo.pngKeller & Owens2014-09-29 13:56:312014-09-29 13:56:45There Are Tax Breaks When You Do Charitable Work
Every New Business Needs a Record System
/in Newsletter/by Keller & OwensMany small start-up businesses are off and running before any record system has been set up. There is money deposited into the new business checking account, some from invested funds and some from sales. Money has been paid out for equipment and supplies, some by check and some by cash out of pocket or from sales receipts. Read more
Congress extends tax breaks in year-end legislation
/in Newsletter/by Keller & OwensIn its final session of the year, Congress extended a long list of tax breaks that had expired, retroactive to the beginning of 2014. But the reprieve is only temporary. Read more
Self-employeds get tax breaks
/in Newsletter/by Keller & OwensWhen it comes to taxes, being self-employed has some advantages. Whether you work for yourself on a full-time basis or just do a little moonlighting on the side, the government has provided you with a variety of attractive tax breaks. Read more
Six IRS Tips for Year-End Gifts to Charity
/in IRS Bulletin/by Keller & OwensWASHINGTON – IRS Special Edition Tax Tip 2014-23 – Many people give to charity each year during the holiday season. Remember, if you want to claim a tax deduction for your gifts, you must itemize your deductions. There are several tax rules that you should know about before you give. Here are six tips from the IRS that you should keep in mind: Read more
There Are Tax Breaks When You Do Charitable Work
/in Newsletter/by Keller & OwensIf you do volunteer work for a charitable organization and have not kept track of your out-of-pocket expenses, you might be passing up an excellent opportunity to lower your tax bill. To qualify, your unreimbursed expenses must relate directly to the charity, and you must itemize your deductions on your tax return. Here is a brief rundown of some possible deductions. Read more