Navigation Links
Time for New Year’s Resolutions, Add Better Tax Records to the List
Date:12/27/2012

Colorado Springs, Colorado (PRWEB) December 27, 2012

There are several acceptable IRS techniques for maintaining tax records. Each has its advantages, and taxpayers might find success in using a mixture depending on his or her needs and attention to detail.

Separate Credit Card: If a taxpayer uses a separate credit card for tax related purchases such as business expenses, rental property repairs and unreimbursed employee business expenses (job-related) then he or she can simply jot down on the credit card statement the nature of the expense. In most cases such as OfficeMax the receipt can be tossed since the merchant and the business nature is fairly obvious. However, if the purchase was made at Wal-Mart keep the receipt- Wal-Mart sells office supplies but they also sell diapers, which unfortunately is not a tax deduction.

Envelopes: This is old fashioned, but still works well. Many taxpayers will label a handful of envelopes and toss receipts in each envelope depending on the purchase. Some labels include goodwill donations, church, office supplies, medical and meals, among others. Shoe boxes work too, but are considerably old fashioned- then again, the after-Christmas sales offer perfect timing for taxpayers to buy some more shoes. The ends justify the means.

As envelopes are being stuffed taxpayers should record the business purpose on the receipt. This is especially true for meals and entertainment where the substantiation (business purpose) requirements from the IRS demand the person’s name, what w
'/>"/>

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Caution Ahead: New Year’s Ranks as Deadliest Day on U.S. Roads
2. The Spencer Institute Supports New Year’s Resolutions and Long-Term Health with Wellness Coach Certification
3. Concert Vocalist Maureen Christine to Perform at Heritage Woods of Bolingbrook’s New Year’s Eve Gala
4. Boot Camp Classes for 2013 New Year’s Eve Resolutions!
5. Brain Spade Announces Site Launch is Now Set for January – New Year’s Resolutions Now Include Brain Health and Fitness
6. Mesothelioma Victims Center Now Fears Most Victims Get Shortchanged with Compensation so they Now Offer the Names of the Best Mesothelioma Law Firms-For Better Results
7. Originals By Weber's New Invention: "EZoo" Denture Liner Is Eazy To Put On/Eazy To Take Off Makes Loose Dentures Fit Better
8. Better stroke care, everywhere: NIH-funded study boosts local hospitals clotbuster use
9. Lifestyle changes linked to better outcomes after peripheral intervention
10. Supportive role models, coping lead to better health in poor teens
11. Humidifers.com is Now a Qualified Member of the Better Business Bureau
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/17/2014)... Smart Flour Foods™ has been chosen as one ... trade magazine targeted toward food retailers. The delicious Uncured ... other attributes. Smart Flour Foods’ Uncured Pepperoni Pizza will ... print issue of Progressive Grocer as well as on ... on its superior performance in the following criteria: innovation ...
(Date:9/17/2014)... 2014 Cadiz Laser Spa offers ... procedures to clients throughout Central Texas. The newest ... Collagen Induction Therapy. Using the revolutionary Rejuvapen micro-needling ... help clients correct a wide variety of skin ... and Cadiz Laser Spa is currently offering a ...
(Date:9/17/2014)... News) -- Managing diabetes, quitting smoking, controlling high blood ... the risk for dementia -- even late in life, ... Report 2014, commissioned by Alzheimer,s Disease International, revealed that ... percent. The study noted that obesity and an inactive ... as high blood pressure. The researchers suggested ...
(Date:9/17/2014)... an analysis of genetic information among more than 87,000 ... found 23 new genetic variants common differences in ... for prostate cancer. The so-called "meta-analysis," believed to be ... mutations among men in a broad array of ethnic ... ancestry. , The meta-analysis combined information from smaller studies, ...
(Date:9/17/2014)... In a country where 77% of inhabitants ... basis, how can Americans find healthy and fulfilling ways ... Challenge , a 5-day interactive journey to putting stress ... From September 29th – October 3rd, the Hyland’s Stress ... specific topics that promote natural solutions for managing stress. ...
Breaking Medicine News(10 mins):Health News:Smart Flour Foods Wins 2014 Progressive Grocer Editor’s Pick Award 2Health News:Revolutionary Collagen Induction Therapy is Now Available at Cadiz Laser Spa 2Health News:Healthy Lifestyle Changes Linked to Reduced Risk for Dementia 2Health News:Healthy Lifestyle Changes Linked to Reduced Risk for Dementia 3Health News:Large study reveals new genetic variants that raise risk for prostate cancer 2Health News:Stress Less with the Hyland's 5-Day Stress Challenge 2
... ... ,and Create New Categories that Advance Consumer Wellness,XanGo continues to expand mangosteen category it ... Conlee, President and CEO of XanGo, LLC, , ... Lehi, UT (PRWEB) March 13, 2010 -- Global wellness ...
... knee (anterior cruciate ligament) reconstruction with a patellar tendon ... of the tibia or shin bone) graft continue at ... to a study presented today at the American Orthopaedic ... Louisiana (March 13). Additionally, these patients have not developed ...
... by Indiana University Bloomington and Arizona State University geographers could ... reforming sex offender laws. The researchers describe the model and ... Papers in Regional Science. By forcing ... model can help the policymakers of concerned communities to focus ...
... LOS ANGELES , March 12 Persistent back ... as well as with a person,s enjoyment of life; from sports ... a critical key to remaining mobile. For people who have tried ... Orthopedic Spine Surgery is an inevitable course of treatment. ...
... , FRANKLIN, Tenn. , March 12 ... chairman, president and chief executive officer, Wayne T. Smith , ... , have been recognized by Institutional Investor magazine as ... the healthcare and managed care sectors. This is the fourth consecutive ...
... U.S. Army Accessions Command (USAAC) and Health Occupations Students of America, Inc. (HOSA) today signed a Memorandum of ... leadership qualities necessary for success in health care-focused careers and beyond. , ... ... , ...
Cached Medicine News:Health News:State of the Health & Wellness Category: 2010 2Health News:State of the Health & Wellness Category: 2010 3Health News:State of the Health & Wellness Category: 2010 4Health News:State of the Health & Wellness Category: 2010 5Health News:15 years after ACL knee reconstruction, 84 percent of male patients still highly active, study says 2Health News:Mathematical model can help communities better evaluate sex offender policies 2Health News:Mathematical model can help communities better evaluate sex offender policies 3Health News:World Renowned Los Angeles Surgeon Pioneers Alternative Orthopedic Spine Surgery 2Health News:Community Health Systems, Inc.'s Wayne T. Smith and Larry Cash Named America's Top Healthcare CEO and CFO 2Health News:Health Occupations Students of America, Inc. and the U.S. Army Sign Memorandum of Understanding in Support of Improving Career Options for Nation's Students 2Health News:Health Occupations Students of America, Inc. and the U.S. Army Sign Memorandum of Understanding in Support of Improving Career Options for Nation's Students 3
(Date:9/17/2014)... NEW YORK and SAN JOSE, Calif. ... Systems has been named as a laureate of The ... recognized for applying technology to benefit humanity and spark global ... Museum of Innovation, and presented by Applied Materials, Inc., selected ... Award category. Photo - http://photos.prnewswire.com/prnh/20140917/146680 ...
(Date:9/17/2014)... 17, 2014  Lightbeam Health Solutions announced today ... (Physician Direct ACO) to deploy the Lightbeam population ... better care while reducing costs. Photo ... Direct Accountable Care Organization is the ACO operating ... OPNS mission is to be the premier integrated ...
(Date:9/17/2014)... , Sept. 17, 2014 An analysis ... regarding patients taking Sovaldi® (sofosbuvir), a new and expensive ... shows that over the last several months (May through ... downward trend in Sovaldi utilization. This suggests another surge ... new therapeutic regimens of similar efficacy and shorter duration ...
Breaking Medicine Technology:Gradian Health Systems Named A 2014 Laureate of The Tech Awards 2Gradian Health Systems Named A 2014 Laureate of The Tech Awards 3Physician Direct Accountable Care Organization Selects Lightbeam Health to Enable Better Care at a Lower Cost 2Physician Direct Accountable Care Organization Selects Lightbeam Health to Enable Better Care at a Lower Cost 3CVS Health Research Institute Provides First Look at Treatment with New Hepatitis C Therapies 2CVS Health Research Institute Provides First Look at Treatment with New Hepatitis C Therapies 3CVS Health Research Institute Provides First Look at Treatment with New Hepatitis C Therapies 4
... This direct-acting inserter grasps the thinnest portion ... resulting in a minimum incision requirement. The ... the thicker center of the optic and ... resulting in delivery of an implant through ...
... inserter allows insertion of AMO SI-30 and SI-40 ... millimeters, and is perfect for clear corneal and ... has highly polished 6.5 millimeter rounded blades for ... tips of the blades have a .15 millimeter ...
... KR-8000PA Supra Auto-Kerato Refractometer combines an auto-refractor, ... mapping system all in a single, compact ... three times the diagnostic capabilities in one-third ... cost of the individual instruments. By implementing ...
Neomycin and Polymyxin B Sulfates and Hydrocortisone ophthalmic suspension is a sterile antimicrobial and anti-inflammatory suspension for ophthalmic use....
Medicine Products: