Roger Knecht » Accounting & Tax http://www.rogerknecht.com God, Family & Country Thu, 09 Feb 2012 06:44:30 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 FACT CHECK: Are rich taxed less than secretaries? http://www.rogerknecht.com/2011/09/22/fact-check-are-rich-taxed-less-than-secretaries/ http://www.rogerknecht.com/2011/09/22/fact-check-are-rich-taxed-less-than-secretaries/#comments Thu, 22 Sep 2011 00:34:45 +0000 rknecht http://www.rogerknecht.com/?p=17556 President Barack Obama makes it sound like there are millionaires all over America paying taxes at lower rates than their secretaries.

“Middle-class families shouldn’t pay higher taxes than millionaires and billionaires,” Obama said Monday. “That’s pretty straightforward. It’s hard to…

Continue reading →]]> http://www.rogerknecht.com/2011/09/22/fact-check-are-rich-taxed-less-than-secretaries/feed/ 0 Yes, this is a legal tax deduction! http://www.rogerknecht.com/2011/03/08/yes-this-is-a-legal-tax-deduction/ http://www.rogerknecht.com/2011/03/08/yes-this-is-a-legal-tax-deduction/#comments Tue, 08 Mar 2011 00:12:42 +0000 rknecht http://www.rogerknecht.com/?p=13138

Continue reading →]]> http://www.rogerknecht.com/2011/03/08/yes-this-is-a-legal-tax-deduction/feed/ 0 The light in the tunnel is a train – updating the tax code http://www.rogerknecht.com/2010/12/02/10297/ http://www.rogerknecht.com/2010/12/02/10297/#comments Thu, 02 Dec 2010 17:11:05 +0000 rknecht http://www.rogerknecht.com/?p=10297 IRS Commissioner Doug Shulman warned lawmakers Wednesday that making retroactive changes to the tax code in early 2011 could create an “unprecedented and daunting operational challenge” that could lead to service disruptions and delayed refunds for millions of taxpayers.

Several…

Continue reading →]]> http://www.rogerknecht.com/2010/12/02/10297/feed/ 1 Regulations Released on 2011 E-file Requirement and Opt-Out Provisions http://www.rogerknecht.com/2010/12/01/regulations-released-on-2011-e-file-requirement-and-opt-out-provisions/ http://www.rogerknecht.com/2010/12/01/regulations-released-on-2011-e-file-requirement-and-opt-out-provisions/#comments Wed, 01 Dec 2010 02:48:33 +0000 rknecht http://www.rogerknecht.com/?p=10315 The IRS issued proposed regulations (REG-100194-10) that detail the two-year phase-in plan and provide exclusions from the e-file requirement for undue hardship waivers approved by the IRS and for certain administrative exemptions. In addition, under the proposed regulations, the e-file…

Continue reading →]]> http://www.rogerknecht.com/2010/12/01/regulations-released-on-2011-e-file-requirement-and-opt-out-provisions/feed/ 0 IRS Updates PTIN FAQs http://www.rogerknecht.com/2010/12/01/irs-updates-ptin-faqs/ http://www.rogerknecht.com/2010/12/01/irs-updates-ptin-faqs/#comments Wed, 01 Dec 2010 00:43:17 +0000 rknecht http://www.rogerknecht.com/?p=10313 The IRS is continuously updating the FAQs regarding preparer registration and the PTIN requirements on its website.

The most recent additions include guidance on payroll reporting agents who prepare Forms W-2, W-3, and Forms 94X.

Check this page often…

Continue reading →]]> http://www.rogerknecht.com/2010/12/01/irs-updates-ptin-faqs/feed/ 0 Dear Individual Taxpayer: http://www.rogerknecht.com/2010/11/16/dear-individual-taxpayer/ http://www.rogerknecht.com/2010/11/16/dear-individual-taxpayer/#comments Tue, 16 Nov 2010 18:37:19 +0000 rknecht http://www.rogerknecht.com/?p=9784 Here is a list of action items that will help you save tax dollars if you act before tear-end:

1. FLEXIBLE SPENDING ACCOUNT Increase the amount you set aside for next year in your employer’s health FSA if you set…

Continue reading →]]> http://www.rogerknecht.com/2010/11/16/dear-individual-taxpayer/feed/ 0 Universal Accounting – Good Management Motivates http://www.rogerknecht.com/2010/11/13/universal-accounting-good-management-motivates/ http://www.rogerknecht.com/2010/11/13/universal-accounting-good-management-motivates/#comments Sat, 13 Nov 2010 22:25:34 +0000 rknecht http://www.rogerknecht.com/?p=9891 As the recession continues to apply a full-court press, you may find that your employees are feeling discouraged, which can translate to poor work performance. It’s amazing how motivating good employee management can be.

Do not wait to strike

…

Continue reading →]]> http://www.rogerknecht.com/2010/11/13/universal-accounting-good-management-motivates/feed/ 0 How to become an Authorized IRS e-file Provider http://www.rogerknecht.com/2010/11/13/how-to-become-an-authorized-irs-e-file-provider/ http://www.rogerknecht.com/2010/11/13/how-to-become-an-authorized-irs-e-file-provider/#comments Sat, 13 Nov 2010 15:48:06 +0000 rknecht http://www.rogerknecht.com/?p=9868

Continue reading →]]> http://www.rogerknecht.com/2010/11/13/how-to-become-an-authorized-irs-e-file-provider/feed/ 0 IRS RemindsTax Return Preparers on PTIN Renewals http://www.rogerknecht.com/2010/11/13/irs-remindstax-return-preparers-on-ptin-renewals/ http://www.rogerknecht.com/2010/11/13/irs-remindstax-return-preparers-on-ptin-renewals/#comments Sat, 13 Nov 2010 15:45:39 +0000 rknecht http://www.rogerknecht.com/?p=9866 The Internal Revenue Service is notifying about 1 million tax return preparers to remind them that they must renew their Preparer Tax Identification Numbers (PTIN) if they are still paid preparers. Use of the PTIN will be required on…

Continue reading →]]> http://www.rogerknecht.com/2010/11/13/irs-remindstax-return-preparers-on-ptin-renewals/feed/ 0 Expanded Recovery Act Tax Credits Help Homeowners Winterize their Homes http://www.rogerknecht.com/2010/11/12/expanded-recovery-act-tax-credits-help-homeowners-winterize-their-homes/ http://www.rogerknecht.com/2010/11/12/expanded-recovery-act-tax-credits-help-homeowners-winterize-their-homes/#comments Fri, 12 Nov 2010 15:53:07 +0000 rknecht http://www.rogerknecht.com/2010/11/12/expanded-recovery-act-tax-credits-help-homeowners-winterize-their-homes/ The IRS is reminding people that they can now weatherize their homes and be rewarded for their efforts. According to the Internal Revenue Service, homeowners making energy-saving improvements this fall can cut their winter heating bills and lower their…

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