Debra A. Simmons, CPA

09/07/2009

Do you want to keep up to-date on financial nformation? Money magazine has anonline version to help you do so.

Global Heritage Fund restores ancient architectural monuments and brings tourism to the poorest countries of the world.Play

09/07/2009

How much Social Security will you receive when you retire? Use the Social Security Administration estimator to find out.

The Retirement Estimator produces estimates that are based on your actual Social Security earnings record. Retirement estimates are just that, estimates. They will vary slightly from the actual benefit you may receive in the future because:

09/04/2009

Did you know that you can rent out your house tax-free? There are limitations. View the attached link for details.

They don’t call them tax "shelters" for nothing. Here's how to rent out your house and pocket the revenue -- without paying the feds.

09/03/2009

Do you get a significant tax refund every year? You may be having too much income tax withheld from your pay. You can use the calculators on this website to determine your proper withholdings.

Make sure that you do not have too much or too little state or federal income tax withheld from your pay. Use the calculators to figure the number of allowances you should claim to have the correct amount of tax withheld. ...

09/03/2009

Thinking of starting a business? When starting a new business, there are many important decisions to make and many rules and procedures that must be addressed. The Secretary of State website has valuable information that you should read before you start a business.

When starting a new business, there are many important decisions to make and many rules and procedures that must be addressed. While there is no single source for all filing requirements, the following steps have been developed to assist you in starting your business.

09/02/2009

SBTV.com is a great resource for small business owners. Besides tax tips from the IRS, there is a wealth of information about starting and running a small business.

The IRS is a bureau of the Department of the Treasury and one of the world's most efficient tax administrators. In 2004, the IRS collected more than $2 trillion in revenue and processed more than 224 million tax returns.

09/02/2009

Even the IRS is getting into the act. Check out the new IRS YouTube video site for tax info.

Welcome to the official YouTube channel of the Internal Revenue Service. This channel will feature videos produced by the IRS on various tax administration topics.***The U.S. Government does not promote or endorse any non-Government or commercial content appearing on this page.***

08/30/2009

FDIC $250,000 Insurance Coverage Extended Through 2013

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in FDIC-insured institutions. FDIC deposit insurance is backed by the full faith and credit of the United States government. ...

08/30/2009

Ten "Don't Even Try It" Tax Deductions

People will tell you lots of things are deductible, and you may be able to write off some. But these 10 ideas are more likely to cost you trouble than save you money.

08/30/2009

Working on tax returns for the Sept 15th deadline.