accounting, IRS, Amazon, tax battle

Amazon Wins $1.5 Billion Tax Battle with IRS

Tax

Whew! We made it through another tax season, Profit Planners. Whether you had an assist or went the DIY route, we hope you spent the last week breathing deeply, letting the stress melt away, and enjoying the things in life that are free. (We hear these are the best things.) I have to say, the…

Extra, Extra! IRS Issues New Date for Filing W-2s

Tax, Tax Preparation

Put this on the list of the things you don’t want to remember the morning you wake up from New Year’s Eve. The IRS has changed the deadline for employers to file W-2 forms to the Social Security Administration. The deadline is now January 31. [Tweet “Mark your calendars: the new deadline for employers to file…

tax code, irs, business strategy

What to Do When the IRS Wants More Money From You

Our tax expert reveals the mysterious relationship between your money and the tax system …and what it means for you! Dear Marilyn, I do my own books every year and have never had a problem. (Actually, I usually get money back as earned income credit!) But this year I made a significantly better profit…which was…

buyin a boat or other luxury item as a business asset

Buying a Boat (or Other Luxury Item) as a Business Asset

Tax Deductions

With the summer months upon us, you may be dreaming about a boat or a mountain condo. Your company has performed really well the past year, you are flush with cash assets, and ready to lay out some of those hard-earned profits on a vacation property, yacht, or private airplane. Would the new boat be…