Archive for June, 2009

The IRS will be gathering even more information about your business income under two massive reporting requirements.

While they won’t take effect for several years, the two new requirements have big implications.

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There's still time to take advantage of some of these tax breaks.

Congress, for budgetary and other reasons has been increasingly enacting tax provisions on a temporary basis. Occasionally, these provisions are extended and sometimes become a permanent part of the Code. At other times, they’re just one-shot deals or are extended periodically, but eventually die.

This make it difficult to keep track of how long a given tax break is scheduled to last. Below is a quick rundown of the provisions that are due to expire in 2009.

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