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Small Business Taxes & ManagementTrade-Mark has been providing tax and management guidance to small and medium sized businesses and their owners since 1980. This page is updated daily, Monday thru Friday. We invite your comments.

Copyright 1996-2008 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The information is not necessarily a complete summary of all materials on the subject. Please keep in mind that the tax law is constantly changing.--ISSN 1089-1536



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Daily Update . . . . . . . . May 15, 2008

News and Tip of the Day

To Do List-----Federal Tax Calendar--May, 2008
To Do List-----All States Tax Calendar--May, 2008

Special Reports--

IRS Provides Safe-Harbor for Like-Kind Exchange of Vacation Properties--05/09/08
Relief for Stimulus Payments Withdrawn from IRAs and Tax-Favored Accounts--05/01/08
Stimulus Payments on the Way--Schedule of deposit and mailing dates--04/29/08
Where's My Refund?--04/23/08
Painless Cost Cutting--04/16/08
Last-Minute Advice From the IRS--04/14/08
Payment Options Available for Those Who Can’t Pay in Full--04/07/08
Tips for Tax Filers on Economic Stimulus Payments--03/28/08
IRS Announces Economic Stimulus Payment Schedules, Provides Online Payment Calculator--03/17/08
Phishing Scams, Frivolous Arguments Top the 2008 Tax Scams--03/13/08
Low-Income Individuals with No Filing Obligations May Still Qualify for Economic Stimulus Payments--03/05/08
Economic Stimulus Act of 2008--Detailed explanation--02/21/08
Other Recent Additions/Updates--

Health Savings Account (HSAs)--Deductible amounts; high deductible plan data--05/14/08
Summary of 2008 Revenue Rulings, Procedures, etc.--Bulletin 19 for 2008--(Links to Prior Years)--05/12/08
Synopses of Tax Court Cases--New Additions - Week Ended May 10, 2008--(Links to Prior Years)--05/10/08
Glossary N-Z--Additions--05/08/08
Business and Tax Formulas, Ratios, Etc.--Cash-on-Cash Return formula added--04/22/08
Applicable Federal Rates (AFR)--May, 2008--04/18/08--Blended Rate-2007
Glossary A-M--Additions--04/09/08
IRS Forms--Additions--04/03/08
Abbreviations--Some common abbreviations used in business and finance--Additions--04/02/08

IRS Quick Links--

IRS Forms and Publications    Changes to Forms and Publications    Draft Forms
Internal Revenue Bulletins
News Releases and Fact Sheets
IRS Tax Professionals Page    IRS Small Business/Self-Employed Page
Local IRS News--IRS news specific to local areas, such as disaster relief.     Local IRS Offices--Find your local IRS office.
Tax Relief in Disaster Situations--Recent disasters, additional info from IRS.    FEMA Disaster Declarations--FEMA Site.    Hurricane Assistance--Katrina, Rita, Wilma.
Search Publication 78--Check status of charitable organization.
IRS Earned Income Tax Credit Assistant--Determines eligibility for credit and approximate amount.
Alternative Minimum Tax Assistant--Find out if you're subject to the AMT.    Sales Tax Deduction Calculator--Find the amount of sales tax you can deduct.
Where to File--Caution. There are different addresses for individual taxpayers, with and without payments, professionals, business, etc.
IRS 1040 Central--A number of pages for individual tax help.    Free File--File electronically for free.
Where's My Refund?--Enter your Social Security number, filing status, and refund amount to find the status of your IRS refund. Same for State Refunds.
Reference Section--

2008 Inflation Adjusted Tax Rates--Plus Personal Exemptions, Standard Deduction, Phaseout Amounts, etc.
State Sites--Links to tax, secretary of state, and CPA state society sites for all states.
Frequently Asked Questions
Special Reports--Articles of continuing interest.
Glossary--A collection of tax and business terms.     A-M    N-Z
Abbreviations--Some common abbreviations used in business and finance.
Business, Tax, Accounting Formulas--Formulas, ratios, math, etc.
Special Forms--Corporate, special tax, elections, business, etc. forms.
IRS Interest Rates, AFRs--AFR (applicable federal rate), interest rate on over- and underpayments.
Corporate and Individual Tax Rates--Rates, standard deduction, personal exemption, phaseout rules, etc. for 2008 and prior years.
Vehicle Tables--Standard mileage rates, luxury car depreciation limits, amounts for valuing employee use, inclusion amounts for leased vehicles.
Depreciation Tables--The most common depreciation tables and examples of how to use them.
IRS Publications--A searchable list of the most popular IRS publications.
IRS Forms--A searchable list of the most popular IRS forms.
Small Business Links--Essential links for business owners.
Valuation Guide for Charitable Contributions--The thrift shop value of selected items.
2007-2008 Priority Guidance Plan--Regulations, rulings, etc. projects.
Private Delivery Services--Services that qualify for the 'timely mailed is timely filed' IRS rule.
High-Low Per Diem Amounts; SIFL Rates
Federal Tax Provisions Expiring 2007-2010
Percentage Withholding Tables    2008    2007
Back Issues--Back issues from January 1, 1999 forward.

Recent Legislation--

Small Business and Work Opportunity Tax Act of 2007--Summary of new law--06/18/07
Tax Increase Prevention and Reconciliation Act--A summary of the new tax legislation--05/12/06
American Jobs Creation Act of 2004--Summary of recently enacted legislation--10/28/04
Working Families Tax Relief Act of 2004--Summary of recently enacted legislation--09/29/04
Jobs and Growth Tax Relief Reconciliation Act of 2003     Part I    Part II    Part III
Need help? Comments?--

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