Tax Tips

IRS Announces New Mileage Rates for 2nd Half of 2011

IRS Announces New Mileage Rates for 2nd Half of 2011

July 08, 2011  |   Posted by : Jose A. Alvarez, CPA  |   Business Tax Advice,Personal Tax Advice,Tax Tips   |   Comments Off»

If you use your vehicle for work, medical purposes or moving, be aware of changes to the amount you can deduct for your mileage for the next 6 months. In a statement released on June 23rd, 2011, the IRS announced an ...

Tax hike looms for S-Corp Business Owners

Tax hike looms for S-Corp Business Owners

July 23, 2010  |   Posted by : Jose A. Alvarez, CPA  |   Business Tax Advice,In The News   |   Comments Off»

Tom Donahue, President and CEO of the US Chamber of Commerce, recently posted an article titled "Turn Off The Tax Faucet" at USChamberMagazine.com which describes possible new legislation that would hurt small business owners. In the article, Tom describes how ...

Tax Preparation. 7 Considerations and Questions before hiring a tax preparer.

Tax Preparation. 7 Considerations and Questions before hiring a tax preparer.

January 28, 2010  |   Posted by : Jose A. Alvarez, CPA  |   Personal Tax Advice,Tax Tips   |   Comments Off»

Before you take your tax return in to the nearest tax preparation service around the block, consider this advice from the IRS: “Taxpayers who decide they need ...

7 Common Bookkeeping Errors committed by business owners.

7 Common Bookkeeping Errors committed by business owners.

September 24, 2009  |   Posted by : Jose A. Alvarez, CPA  |   Business Tax Advice,Tax Tips   |   Comments Off»

If you are like most business owners, you set up your venture based on something you love. Your ...

Florida Ranked 6th Best State Tax System for Small Business

Florida Ranked 6th Best State Tax System for Small Business

May 28, 2009  |   Posted by : Jose A. Alvarez, CPA  |   Business Tax Advice   |   Comments Off»

The Small Business & Entrepreneurship Council (SBE Council) published the "Business Tax Index 2009: Best to Worst State Tax Systems for Entrepreneurship and Small Business". As a small business owner in the Tampa Bay area, it's nice to see ...

Reduce Your Late Filing Penalty to the IRS

Reduce Your Late Filing Penalty to the IRS

April 23, 2009  |   Posted by : Jose A. Alvarez, CPA  |   Personal Tax Advice,Tax Tips   |   Comments Off»

[caption id="attachment_334" align="aligncenter" width="500" caption="Filing Tax Returns Late can be very costly."][/caption] Let's face it, filing your tax return is not the most exciting ...

Alvarez Company to present “Entity Selection” at SouthShore Community Bank

Alvarez Company to present “Entity Selection” at SouthShore Community Bank

February 12, 2009  |   Posted by : Kevin Alvarez  |   Community News,Tax Tips   |   Comments Off»

José A. Alvarez, Managing Director of Alvarez Company PA CPA Firm, will be presenting "Entity Selection: Tax Consequences and Other Tax Saving Tips" at two SouthShore Community Bank branches. José will be ...

Organizing Your Personal Financial and Tax Records Pays Off

Organizing Your Personal Financial and Tax Records Pays Off

February 08, 2009  |   Posted by : Jose A. Alvarez, CPA  |   Personal Tax Advice,Tax Tips   |   Comments Off»

As we are a full month into 2009, I wonder how you are doing with any resolutions you may have made.  It seems every year I have a couple of clients tell me they need to get organized.

New Mileage Rate Deductions for 2009

New Mileage Rate Deductions for 2009

January 07, 2009  |   Posted by : Jose A. Alvarez, CPA  |   Tax Tips   |   Comments Off»

If you use your vehicle for work, medical purposes or moving, be aware of changes to the amount you can deduct for your mileage in 2009. You have the option of deducting the actual expenses, or you can use the ...

18 Tips to help your business through the economic crisis.

18 Tips to help your business through the economic crisis.

December 01, 2008  |   Posted by : Jose A. Alvarez, CPA  |   Tax Tips   |   Comments Off»

The following article is adapted from a press release provided by the ...