K BRYANT & ASSOCIATES - Tax Preparation\Bookkeeping Service
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Year End Tax Tips
Preparing for College
Health Care Act
Business or Hobby?
Refund Status

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Expiring Tax Breaks
Health Care Act
Hobby vs Business
Independent Contractor (Self-Employed) or Employee
Refund Status
Tips for Year-End Giving
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Year End Tax Tips

Check out this website on year end tips to save tax dollars I am also adding a link for a video from the IRS. Thank you and I hope all of you have a wonderful Thanksgiving
http://www.irs.gov/uac/Six-IRS-Tips-for-Year-End-Gifts-to-Charity


Preparing for College

How do we prepare for college? I am asked this question so many times by my clients. I have found a website that I think will help all of you with that same question. 
www.studentaid.ed.gov/prepare-for-college/checklists

Health Care Act

The Affordable Care Act (ACA) requires most Americans to have some form of health insurance by 2014 or face a tax penalty. It also may provide you and your family with a generous subsidy to purchase health insurance.

The law is complex and the impact is far-reaching, but you don’t have to figure it out on your own. We can help. Not only will we help you comply with the law, but we will ensure you receive the most benefits allowed under the law. How? Through our Healthcare Evaluation process, we will:

Business or Hobby?


Refund Status

Thursday, January 24, 2013
Bye-Bye Refund Cycle Chart - Hello Refund Tracker

No more pointing to a calendar or a chart to show taxpayers when to expect their tax refund.  The beloved Refund Cycle Chart has been retired by the IRS.  What?!  Yes, it’s true.  Taking its place is a new and,we hope, improved “Where’s My Refund?” (WMR) application, which gives taxpayers the ability to track their refunds online.  We can use computers and smartphones to track Santa Claus around the globe on Christmas Eve, so it is only logical that we should be able to track our refunds in the same manner, right?

Expiring Tax Breaks Loom

Expiring Tax Breaks Loom
Taxpayers across the income spectrum – from rich to poor – are set to see tax hikes due to several expiring tax cuts and the automatic spending reductions taking place on January 1, 2013.
The expiring provisions include Bush-era cuts on wage and investment income and cuts for married couples and families with children, among others. Also expiring is a two percentage-point temporary payroll tax cut.
Congress can extend some of these expiring provisions, but their actions are not certain.

Tips for Year-End Giving

Tips for Year-End GivingTax Tips,Tax Tools| By Kelly Crawford
2012 is coming to an end but it's not too late to make charitable contributions. Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following: Special Charitable Contributions for Certain IRA Owners This provision, currently scheduled to expire at the end of 2011, offers older owners of IRAs a different way to give to charity.

Independent Contractor (Self-Employed) or Employee?


Independent Contractor Defined
People such as doctors, dentists, veterinarians, lawyers, accountants, contractors, subcontractors, public stenographers, or auctioneers who are in an independent trade, business, or profession in which they offer their services to the general public are generally independent contractors. However, whether these people are independent contractors or employees depends on the facts in each case. The general rule is that an individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it will be done.
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