The Daily Deduction- March 2013

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Weekly Tax Inventory - 03/09/2013

This week in tax news.

Posted To: The Daily Deduction
By: Lauryn on 3/7/2013 11:45:00 AM

Does your home double as your office space?

There’s a tax benefit to doing business the way you do.  You may qualify for a section 179 deduction  worth up to $139,000 for qualified business property placed in service in 2012.  The section 179 deduction is for tangible personal property such as machinery and equipment instead of depreciating them over the useful life of the items.  Section 179 can only be deducted in the year of purchase. 


 

Posted To: The Daily Deduction
By: Lauryn on 3/11/2013 12:00:00 AM

I Found a Long Lost Tax Form. What Do I Do Now?

eSmart Tax FAQ:  I found a lost tax form.

Posted To: The Daily Deduction
By: lescobar on 3/6/2013 04:05:00 PM

eSmart Tax Announces Free and Easy Audit Assistance For All Filers

Competing online tax companies have recently made claims about “free” audit support with varying degrees of fine print.  Some companies offer this service, but only for those customers who pay for their higher-tiered products.  To give taxpayers even more confidence in the quality of its tax preparation services, eSmart Tax provides complimentary CPA Audit Assistance to every customer—regardless of which product they use—at no charge.

Posted To: The Daily Deduction
By: Lauryn on 3/4/2013 04:25:00 PM

Posted To: The Daily Deduction
By: Lauryn on 3/3/2013 11:00:00 PM

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