http://www.muddlee.com Just another WordPress weblog Fri, 25 Apr 2008 21:05:29 +0000 http://backend.userland.com/rss092 en The tax audit rates of the largest companies are less than half what they were just 20 years ago while more small and mid-size businesses are coming under scrutiny, this according to an organization that monitors the IRS. Read more for yourself. http://www.muddlee.com/2008/04/25/irs-focuses-on-the-little-guys/ Your business is profitable, with demand strong and rising. Is it time to expand? Part of the answer depends on intangible factors such as your vision for the company’s future and your personality traits. For instance, if you hate to travel, expanding the business’s physical presence into a different geographical ... http://www.muddlee.com/2007/05/15/before-you-expand/ Filing your 2007 tax return might signal the official end of 2007, but for tax-savvy individuals, it’s also the signal to start tax planning for 2008. Getting an early start on your 2008 tax planning will help you take maximum advantage of the latest tax breaks, inflation adjustments, and retirement ... http://www.muddlee.com/2007/05/03/start-thinking-about-your-2007-taxes-today/ Georgia's 529 College Savings Plan has a new name - it's now the Path2College 529 Plan.  Included in the plan are two new investment options, lower fees and an improved Georgia state income tax deduction. Contributions to the plan are made on an after-tax basis for federal income tax purposes.  However, ... http://www.muddlee.com/2006/11/09/15/ In the past, tax planning for a closely held company often meant paying year-end bonuses equal to the corporation's taxable income. After deducting the bonuses, any corporate tax liability would be wiped out, and double taxation would be avoided. However, consistently "zeroing out" corporate income may attract IRS attention, and using ... http://www.muddlee.com/2006/11/09/no-corporate-taxes-best-strategy/