Stephen T. Peppler, EA, CFP
Tax Tips: Tax update
Congress has been gearing up for the 2012 elections so no major tax legislation was passed in 2011. The bill passed in December 2010...
Tax Tips: Capital gains and losses
Capital gains are attracting renewed attention from the IRS for tax year 2011. The introduction of Form 8949 is where individual transactions are reported,...
Tax Tips: Social security benefit taxation
The taxation of Social Security benefits depends on several complex calculations.
The first step is to calculate your provisional income, which is your gross income...
Tax Tips: Audit triggers
The Internal Revenue Service has stepped up its audits over the past few years. In addition to traditional face-to-face audits, it is also conducting...
Tax Tips: Tax myths
With the tax code approaching the size of the Encyclopedia Britannica, it’s little wonder there are many misconceptions and erroneous beliefs regarding tax regulations.
Many...
Tax Tips: A kinder, friendlier IRS and FTB?
I think it was back when George H.W. Bush was president that there was an effort to create a kinder, friendlier Internal Revenue Service...
Tax Tips: Do you need a tax preparer?
Editor’s note: “Tax tips” returns and will appear bi-weekly throughout tax season. Stephen T. Peppler, E.A., C.F.P., has graciously agreed to provide the...