Tuesday, November 15, 2011

The Small Business Jobs Act of 2010: Tools, Tips, and Tactics

!: Promo The Small Business Jobs Act of 2010: Tools, Tips, and Tactics coupon

Brand : | Rate :

| Price :
Post Date : Nov 15, 2011 10:45:07 | N/A

The Small Business Jobs Act of 2010: Tools, Tips, and Tactics

The recently passed Small Business Jobs Act of 2010 includes a series of small business proposals that small businesses can benefit from immediately. Your clients will look to you to help them understand and benefit from these new opportunities.

Noted author and speaker Bob Keebler, along with his associates Peter Melcher and Michelle Ward, have developed this comprehensive multimedia analysis of the new law, which features a PowerPoint presentation, 50 minute audio presentation, and PDF download. Keebler discusses the impact of the bill and the major provisions affecting both individuals and businesses, including:
· Extension of the SBA recovery loan provisions
· A new billion small business lending fund
· An initiative to strengthen innovative state small business programs

Keebler also discusses new small business tax cuts, including:
· Zero taxes on capital gains from key small business investments
· Extension and expansion of small businesses' ability to immediately expense capital investments
· Extension of the 50% bonus depreciation
· A new deduction of health insurance costs for self-employed persons
· Tax relief and simplification for cell phone deductions
· An increase in the deduction for entrepreneurs' start-up expenses
· A five-year carry back of general business credits
· Limitations on penalties for errors in tax reporting that disproportionately affect small business

The PowerPoint presentation, audio file, and PDF eBook are all included on one CD. This multimedia guide will help you answer your clients' questions on this critical tax topic.

More Specification..!!

The Small Business Jobs Act of 2010: Tools, Tips, and Tactics

Help Alcoholic Rehab Programs Shop For Olympus 720sw Slide In Dual Fuel Ranges Info

Friday, November 11, 2011

State Tax Refunds

!: State Tax Refunds

Nearly 67 percent of all taxpayers around the country are entitled to state tax refunds, and the amount of these refunds is worth lining up for. In the state of California, for example, refunds averaged around 0. The average for most other states was about 0 in 2005.

Guidelines vary from state to state, so it is best to consult an accountant. As a general rule, though, low-income individuals and families could claim property-tax refunds or rent credits if they filed income tax returns. And in many cases, you can still get tax refunds even if you do not meet the tax filing threshold, because you may have money withheld from your paychecks, or because you may be eligible for the federal earned-income tax credit. This applies if you earn less than ,000 and have more than one child, or earn less than ,000 and have one child, or earn less than ,000 and do not have a child.

Are state tax refunds taxable? Yes and no. State tax refunds are typically taxable the year you receive them. If you overpaid your state income tax last year and your state returned your money this year, for example, you must pay taxes on it this year. Expect to receive (if you haven't yet) a form 1099 from your state, reminding you about that returned money. Your state also sent a copy to the IRS, binding you to pay the appropriate taxes. But there are exceptions.

The state tax refund is fully taxable if you detailed the deductions on your federal tax returns. Check with your accountant, though, because there's still a chance that part of it is tax-free (even if you did itemize). If you owed the alternative minimum tax during the year of the refund, for example, there's a chance that your refund may not be taxable.

But if you are among the 70 percent of taxpayers who did not itemize deductions on your return, then you don't have to worry about a thing. You do not have to pay taxes on the state refund you received.