Archive | Tax

How to Avoid Losing Three Weeks of Productivity

    For those of you who have talked to me in the last three weeks you know it’s not been a happy time. I’ll try to keep my ranting down to an acceptable level and perhaps we can all learn something.   Background:  Microsoft is very proud of their Windows 10 operating system. In […]

Penalties and Interest

IRS Penalties and interest – The Very Basics for Individual Taxpayers     Interest is the easiest. For the past several years, the interest rate has been 3%, per annum, compounded daily, for both underpayments and overpayments.   There are three types of penalties most taxpayers will see: Underpayment of estimated tax Failure to file […]

odometer image

Time to write down the mileage

Try to say this with all the enthusiasm of the Dunkin’ Donuts character.   But it’s year end, and a good time to document the mileage of your business vehicle. Who knows, someday someone may ask you what the mileage on your vehicle was on December 31, 2015, and if you write it down today, you’ll […]