Tag Archives: 2014

IRS Standard Deductions for Tax Year 2014

The IRS has announced inflation adjusted tax brackets and standard deduction amounts for tax year 2014, effective 1 January, 2015. These are the numbers that you will have to use to prepare your 2014 tax returns in 2015. Standard deductions … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Smart Exit Strategies for Businesses

An “exit strategy” is defined as a method by which a business owner intends to exit or get out of the business. It is a strategy to cash out the investment made so far. Often, people wonder why they would … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Preparing to File Taxes in 2014

IRS began accepting tax returns on January 31st, officially kicking off the 2014 tax season. Here are some helpful tips to prepare for filing taxes this year. Organize your paperwork Proper reporting is the key to successful tax filing. It … Continue reading

Posted in Taxes | Tagged , | Leave a comment