Bee’s Blog

3 taxes that it’s OK to hate

Posted July 25, 2014 - By | No Comments

By Bill Bischoff “Some tax rules can make even a mild-mannered taxpayer feel like a Tea Party activist. Hardly anyone likes taxes, but some are more objectionable than others. Here are three that should be at the top of the most-hated list.” To ...

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How to Use Investment-Related Tax Breaks

Posted July 18, 2014 - By | No Comments

by Julian Block  “Allowable deductions for investors include the cost of travel. But the line isn’t always clear on what kinds of travel qualify.” Businesses need all the deductions they can get! Find out more about how you can use travel ...

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Limit on direct deposit of refunds will go into effect in 2015

Posted July 18, 2014 - By | No Comments

“In its latest attempt to fight tax refund fraud, the IRS said that, beginning in January 2015, it will impose a limit of three electronic direct deposits of tax refunds into a single financial account or prepaid debit card.”   To find out ...

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Fighting identity theft, IRS issues final rules on truncated identification numbers

Posted July 18, 2014 - By | No Comments

By Sally P. Schreiber, J.D. “The IRS issued final regulations (T.D. 9675) that allow the use of truncated taxpayer identification numbers (TTINs) on payee statements and certain other documents where not prohibited by the Internal Revenue Code, ...

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IRS Eyes New Ways to Tax Frequent Flyer Miles

Posted June 05, 2014 - By | No Comments

By Paul Caron New York Sun:  IRS Eyes New Ways to Tax Miles of Frequent Fliers, by Ira Stoll: “Just in time for your summer vacation, the IRS is getting ready to toughen the tax treatment on frequent flyer miles and hotel loyalty reward ...

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