Track-It Internal Revenue Service

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on Sun Sep 21 12:55 PM

This Fall, It's Time To Get Your Business Finances In Order


Strong accounting records are important for any dealings with the IRS, but they can also be a powerful tool for growing your business.
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on Sun Sep 21 10:51 AM

S Corporation SE Avoidance Still A Solid Strategy


Even though Sean P. McAlary lost in Tax Court, the decision in his case shows that S Corporations are still a valid self-employment tax avoidance strategy.  If you operate as a sole-proprietorship, all of its income will be subject...
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on Sat Sep 20 11:41 PM

Sen. Paul calls for GOP to focus on privacy, minorities


Rand Paul hasn’t declared that he’s running for president, but he is certainly acting like someone who is. The junior senator from Kentucky laid out his vision for the Republican Party and the country on Saturday as a keynote speaker at the...
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on Sat Sep 20 8:20 PM

Your Annual Gift-Tax Exclusions - WSJ


You may give $14,000 tax free to as many recipients as you like.
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on Sat Sep 20 11:00 AM

LA lobbyist in charge, how Gov. Deal got rich, disbarred in NJ


Just as states with progressive lawmakers and activists have themselves initiated innovative programs over a wide range of issues, state-based progressive blogs have helped provide us with a point of view, inside information and often an edgy...
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on Sat Sep 20 8:02 AM

10 red states that mooch off the federal government


Republicans claim they've had it with American socialism. Maybe they should return the tax dollars subsidizing them
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on Fri Sep 19 7:34 PM

Fraud Charges for Strip-Club Owner Who Publishes a Westchester Newspaper


Selim Zherka (known as Sam), publisher of The Westchester Guardian and regular critic of county politicians, was denied bail after prosecutors portrayed him as a dangerous thug.
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on Fri Sep 19 5:45 PM

Facing an Audit? Steps to Take When the Tax Man Comes.


Don't panic but respond appropriately and respectfully. Follow these practices to avoid audits beyond those random selections.
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on Fri Sep 19 1:05 PM

Rule Changes Increase Flexibility in Pretax Health Care Accounts


Employers have the option of letting participants carry over as much as $500 to the next plan year, rather than forfeit it.
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on Thu Aug 28 8:00 PM

9 Celebrities That Faced Financial Troubles and Credit Mishaps


Despite their fame and fortune, some stars blow through their money in the blink of an eye. Here are ten examples of celebrities that went broke.
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