Clik here to view.
Knoxville CPA Tax Newsletter available
Have a look at our regularly updated newsletter that provides timely articles to help you achieve your financial goals. Please come back and visit often. http://godelcpa.com/newsletter.php
View ArticleClik here to view.
Beware of Tax Consequences of a Job Loss
Given the current economic conditions, you may be faced with tax questions surrounding a job loss and unemployment issues. Here are some answers: Q: What if I receive unemployment compensation? A:...
View ArticleClik here to view.
8 Tips for Taxpayers Who Owe Money to the IRS
The vast majority of Americans get a tax refund from the IRS each spring. But what if you’re not one of them? What if you owe money to the IRS? Here are eight tips for individuals who need to pay...
View ArticleClik here to view.
2010 Tax Relief Act – Personal Income Tax
On December 17, 2010, The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 was signed into law by the President. The personal income tax provisions in this law...
View ArticleClik here to view.
Homeowner Records: What to Keep and How Long
Keeping full and accurate homeowner records is vital for determining not only your home deductions, but also the basis or adjusted basis of your home. These records include your purchase contract and...
View ArticleClik here to view.
Using a Car for Business? Grab These Deductions
If you use a car for business, you get the benefit of tax deductions. There are two choices for claiming deductions: 1.Deduct the actual business-related costs of gas, oil, lubrication, repairs, tires,...
View ArticleClik here to view.
Tips for Recently Married or Divorced Taxpayers
Newlyweds and the recently divorced should ensure the name on their tax return matches the name registered with the Social Security Administration (SSA). A mismatch could unexpectedly increase a tax...
View ArticleClik here to view.
Hobby or Business? Why It Matters
Millions of Americans have hobbies such as sewing, woodworking, fishing, gardening, stamp and coin collecting, but when that hobby starts to turn a profit, it might just be considered a business by the...
View ArticleClik here to view.
Filing Requirements for Dependents
Whether a dependent has to file a return generally depends on the amount of the dependent’s earned and unearned income and whether the dependent is married, is age 65 or older, or is blind. Note: A...
View Article
