Income Tax Preparation, Accounting and Payroll service by Don Brooks & Associates - Don Brooks Associates, Inc.
We don't want to rush you but you have:
left until your taxes are due
left until your taxes are due
Tax Preparation Services:
Individual Tax Returns
Tax returns and filing instructions have been prepared for 1000's of individual clients each year. Read more: Individual Tax ReturnsBusiness Tax Returns
A variety of small business tax returns are prepared each year. Read more: Business Tax ReturnsTax Planning
Long term, annual and mid-year tax planning and tax forecasting services. Read more: Tax PlanningMain Menu
Tax Tips Small Business
New Rules for Spouses Who Operate a Business Together
Do you qualify for simplified reporting?Spouses who operate a business together have a new option for reporting their business income. In the past, husband and wife joint owners were considered a partnership for reporting purposes. New rules, which took effect this year, give spouses the option of reporting their business income as two separate sole proprietorships. Read more...
Small Business Quick Tip
| Instead of deducting the actual expenses for the business use of your vehicle, opt for the standard mileage rate. In 2011, you can deduct 51 cents for each business mile you drive (55.5 cents per mile starting July 1, 2011). |
Wednesday, 22nd February 2012
Tax Tips Personal
Money for College
Are scholarships taxable?Many college students receive scholarships or fellowships to help pay for their education. If you are in college and received a scholarship or fellowship grant, there are a few key points to keep in mind. Qualified scholarships and fellowships are treated as tax-free and not included in taxable income if all of the following conditions are met: Read more...
Personal Quick Tip
| Do you use your auto for charitable purposes? What about going to and from the doctor or dentist? Your mileage for both medical and charitable purposes may be deductible on your tax return. It is important to set up a mileage log and keep it handy so you can track your deductible mileage throuhghout the year. |