Monthly Archives: February 2011

How to Touch the Hands of Greatness

Posted on February 23, 2011 by Wayne Davies

Did you happen to watch the Grammy Awards show last week? I missed it. But I do have a story to tell you about the time I met one of the winners of the prestigous Grammy Lifetime Achievement Award.  I … Continue reading →

Posted in tax preparer, tax return preparation | Leave a comment

Did You Forget To Send Out 1099s By January 31?

Posted on February 10, 2011 by Wayne Davies

Are you a small business owner who hires independent contractors? If so, you may be required by the IRS to send out a Form 1099-MISC to those people. This post will help you determine your obligation to issue those 1099’s. … Continue reading →

Posted in business tax deadlines, Form 1099-Misc, independent contractor | Leave a comment

More Good News About the Per Diem Method

Posted on February 8, 2011 by Wayne Davies

The last couple weeks I’ve been telling you how to keep receipts in order to document deductible business expenses. Here’s an email I received recently on this topic: Hi Wayne, I have really been enjoying your various articles and blogs.  … Continue reading →

Posted in business tax deductions, tax record keeping | 1 Comment

How To Deduct Expenses Without Keeping Receipts

Posted on February 1, 2011 by Wayne Davies

The mantra of tax record keeping has remained relentlessly burdensome for decades: “No Receipt, No Deduction”. But fear not, you who loathe the never-ending climb up the mountain of paperwork required by the U.S. tax code. Many of our most … Continue reading →

Posted in business tax deductions, tax record keeping | 6 Comments