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Monthly Archives: November 2010
E-filing Your Tax Return
Since 2001, the percentage of tax payers who e-file their taxes has more than doubled. From an e-filing rate of 30.73% in 2001, the percentage climbed to 69.76% for those filing in 2010. Starting January 1, 2011, the Internal Revenue … Continue reading
Posted in Taxes
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The Importance of Buy-Sell Provisions in Business
Recently, a three-judge panel of the 10th District Court of Appeals highlighted the importance of ensuring that your business has an appropriate buy-sell provision. A buy-sell provision is a provision in an operating agreement that provides for how an owner’s … Continue reading
Posted in Business
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Understanding the Alternative Minimum Tax (AMT)
For nearly 40 years, the Alternative Minimum Tax (AMT) impacted a relatively small number of taxpayers. However, over the last few years, more and more taxpayers have become subject to the AMT. The purpose of the AMT was to ensure … Continue reading