2009 Tax law changes seminar

Here is part of the seminar outline given to clients on August 4th 2009.
2009 Tax Law changes:  
a) First Time Homebuyers Credit.

This is a large $8,000 refundable credit.
To qualify as a first time homebuyer, you must not have owned a home in the last 3 years
If you are married both spouses must qualify.
Two single people buy a [...]

Small Business Startup Tips

Tips:

Meet with your tax advisor. Of course I am biased toward my expertise in this area. The tax implications compared to wage income are numerous, do not try this alone. Don’t wait until after the operation has started.  We offer a free consultation to people considering self – employment!
 Meet with your insurance agent.  Make sure all [...]

Missouri State Refund Delays

Our research shows Missouri has started to delay refunds!.

Its official MO is holding refunds. Check out this article from the “St. Louis Post Dispatch“ 
Recent TV story http://www.fox2now.com/ktvi-missouri-tax-refund-delays-051109,0,7687334.story
Returns accepted after 3/15/2009 are subject to delay. 
When checking status on these returns we are getting the “Return is in process” message.
We are trying to get [...]

First Time Homebuyers Credit

Alert: Homes purchased after 1/1/2009 and before 12/20/2009 qualify for the new $8,000 First time homebuyers credit.
The rules for this credit are completly different from the rules discribed below for the 2008 credit.  You will be able to amend your 2008 returns to claim and recieve this $8,000 credit now!
I will be posting details on [...]

Welcome To our new tax communication blog

For a long time I have wanted to have a blog to communicate tax law change ramifications, and other tax advice to clients and other web users.
Here a few of the goals and limitations of the blog:

I hope to provide timely, short, relevant reports on tax law changes affecting individuals and small business.
I will try [...]