Month: February 2012

New foreign investment filing is required

New foreign investment filing is required.  New form alert! If you own foreign investments, you may have an additional federal tax filing requirement this year. Form 8938, “Statement of Specified Foreign Financial Assets,” is due April 17, 2012, and is…

Income tax rules affect your Web business

Income tax rules affect your Web business Did you start an online business in 2011? If so, you might have income and expenses that affect your federal income tax return. Here are three items to consider. Home office deduction. Do…

What you need to know about life cycle funds

What you need to know about life cycle funds Like the college student who refuses to consider his impending entry into the labor market, many Americans take a head-in-the-sand approach when it comes to retirement planning. They don’t contribute enough…

How to be “audit ready”

 How to be “audit ready” No one likes to see a policeman’s flashing lights in the rearview mirror, and no one likes to receive a phone call or letter from the dreaded auditor. But if you operate a business or…