Monthly Archives: August 2013

We are upgrading our tax graphs/charts for all clients!

Written on August 24, 2013 at 9:31 pm, by

Please click on the line below to see a sample income tax graph taken from IRS data:     Click here for the General And Administrative Expenses Spreadsheet …..The graph/chart above is a sample from the IRS data taken from the latest Form 1040 tax returns available. This particular one is for Real Estate Brokers. …..We  Continue Reading »

A follow-up

Written on August 11, 2013 at 2:16 am, by

Our last blog told you how the Internal Revenue Service does not trust clients who have too many bank accounts.  Well neither does a mortgage banker!  Banks and the IRS look at your income in opposite ways.  The IRS believes you are hiding income when you have too many bank accounts. You have to PROVE  Continue Reading »

Gone viral originally on facebook. Reposted on blog for your info.

Written on August 5, 2013 at 3:12 am, by

  [This story, I posted on facebook recently. Since it went viral, I thought I should post it on my blog so as to keep it more permanent.] …..I have a new client from Western Texas who recently was audited. …..If you own your own business, please listen to the advice I give my clients.  Continue Reading »