Gary Pozsik Interviews Joe Mastriano, CPA http://streamdb4web.securenetsystems.net/v5/WGCV Time: Weekdays 1pm- 2pm Broadcasting in Columbia for 35 years, Gary started his career with WIS TV as a general assignments reporter. Soon after, Gary became Assistant Sports Director and a Senior Reporter. After spending a year with ETV as a producer, writer and anchor for a bi-monthly, one-hour program called Focus On […]
Archive | January, 2014
President Barack Obama introduced a new retirement savings plan Tuesday night that would be backed by the government to help more Americans gain financial security in their golden years. In his State of the Union address, the president said he will direct the Treasury Department to create MyRA, a new savings plan that initially […]
You may reduce your chances of being audited by preparing your tax return accurately. It is very important not to submit a careless tax return. When claiming your deductions and tax credits: Filing a schedule “C” Being a Truck Driver Math errors on returns Not matching the return to what was reported to the IRS […]
Should You Owe Taxes On Bitcoin Investments? Don’t ask the IRS – they don’t know either The use, investment in and possession of bitcoins has grown in 2013 and this growing interest leads to the inevitable question, is there any tax liability involved? Should you pay taxes on your bitcoin investments?
Many taxpayers who are expecting a refund are filing as soon as possible, but many may be surprised that instead of a check, they’re getting an audit. Talk to any expert on the IRS to localize. “Trust me — there are things you DON’T want to deduct,” explains IRS problem specialist Joe Mastriano, CPA. “There are […]
Tax Preparation Time Is Here It’s our favorite time of the year, Super Bowl week and tax season! Okay, most people don’t like to think of their taxes as the excitement builds for Super Bowl this week, but a little tax preparation now will save lot stress in the near future.
1. Buy a boat and sail around the world. You already know that if you itemize you can deduct mortgage interest and real estate taxes associated with your main home on a Schedule A. But you can also claim (subject to certain limitations) expenses associated with a second home, including a boat, so long as […]
5 Ways Health Care Reform Will Impact Your Finances and Taxes By Lisa Greene-Lewis Lisa Greene-Lewis Unless you’ve been hiding under a rock recently, you’ve probably heard a thing or two about health care reform or Obamacare. Even if you’ve heard about health care reform, you may be confused about how the law impacts […]
Here’s what to expect if you decide to contact the IRS · Be prepared to be on hold forever. · Be prepared to be hung up on. · Be prepared to be sent in circles. · Be prepared to be sent in circles, and then hung up on. The National Taxpayer advocate Nina E. […]