Did you think the 50% tax rate was gone?
The other tax date in April – this one can cost you 50!
Read MoreDon’t let your deduction get washed out
How the “wash sale” rules can cancel your current year write-off
Read MoreWhat simple math can tell you about Social Security
You don’t have to be a genius to know what simple math ratios indicate is happening to social security. Just take a look at the chart below, and you’ll know why you can’t trust Social Security exclusively for your retirement. [lightbox link=”https://elitecpatax.com/wp-content/uploads/2016/01/numberssworkers.jpg” thumb=”https://elitecpatax.com/wp-content/uploads/2016/01/numberssworkers-940×673.jpg” width=”940″ align=”left” title=”numberssworkers” frame=”true” icon=”image” caption=””] Planning now is always better than…
Read MoreOut with the old – in with the new mileage rates
It’s easy to forget about the business use of your personal car. Here’s how to calculate this deduction for all your business miles.
Read MoreTax Facts
Bookmark this page for a quick reference to the numbers you’ll need this year.
Read MoreHow to find the AFR. . .PDQ
How to use the AFR to save taxes.
Read MoreWhy 1099s are a big deal
What’s the big deal with 1099s?
Read MoreIf you win the powerball lottery . . .
If you win the powerball . . . how much state tax is due?
Read MoreThe long, long, arm of Uncle Sam
How the government redistributes your income
Read MoreDoes it ever pay to be just average?
Here are the average tax deductions by income level according to the IRS
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