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	<title>Money Management Software Blog &#187; tax</title>
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	<description>Money Management Solutions - The Cash Flow Managing System</description>
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		<title>How To Avoid An IRS Audit Of Your Business</title>
		<link>http://moneymgmtsolutions.com/blog/taxes/how-to-avoid-an-irs-audit-of-your-business/</link>
		<comments>http://moneymgmtsolutions.com/blog/taxes/how-to-avoid-an-irs-audit-of-your-business/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 19:56:48 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Taxes]]></category>
		<category><![CDATA[corporate tax]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[IRS audit]]></category>
		<category><![CDATA[schedule C]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax deductions]]></category>
		<category><![CDATA[Ways to use your money]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=1673</guid>
		<description><![CDATA[The best thing you can do for yourself is to understand the basics of accounting as it pertains to reporting on a tax return so you’ll be able to tell if your bookkeeper or accountant knows and understands both accounting and tax law.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Tax Law Changes For 2010</title>
		<link>http://moneymgmtsolutions.com/blog/business-2/tax-law-changes-for-2010/</link>
		<comments>http://moneymgmtsolutions.com/blog/business-2/tax-law-changes-for-2010/#comments</comments>
		<pubDate>Sun, 10 Jan 2010 04:51:39 +0000</pubDate>
		<dc:creator>Guest Author</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[medicare]]></category>
		<category><![CDATA[social security]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=902</guid>
		<description><![CDATA[Hold onto your wallets, and tighten up your money management controls! Here is a brief summary of tax law changes for 2010. By Patti S. Spencer of Spencer Law Firm The New Year brings many tax changes. Many tax breaks are phased out. The changes below are the current state of the law. It is always possible for Congress to act to extend or replace disappearing provisions. The House passed a bill that extended many of these provisions, but the Senate was unable to schedule a vote on it. The Senate has been tied in knots over the health care bill. Roth IRA conversions Starting in 2010 the income cap for converting a traditional IRA to a Roth IRA is eliminated. Now anyone can do a Roth conversion. If the conversion is done in 2010, taxpayers can spread the income tax attributable to it over two years: 2011 and 2012. Note [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Year-End Tax Planning—Strategies to Keep More of What You Make</title>
		<link>http://moneymgmtsolutions.com/blog/small-business-money-management/year-end-tax-planning%e2%80%94strategies-to-keep-more-of-what-you-make/</link>
		<comments>http://moneymgmtsolutions.com/blog/small-business-money-management/year-end-tax-planning%e2%80%94strategies-to-keep-more-of-what-you-make/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 21:13:15 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Building Wealth]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Small Business Financial Management]]></category>
		<category><![CDATA[Small Business Money Management]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[accountant]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[individual retirement account]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[retirement plan]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax planning]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=857</guid>
		<description><![CDATA[The tax planning clock is clicking away toward the end of the year.  Is your business ready to take advantage of the tax saving measures available to you? Tax planning is essential for business owners, and should be done on a quarterly basis. However, it&#8217;s not too late if you do it before mid-December. Here are some words of wisdom from financial planner, P. Christopher Music. Well, the year is coming to an end and many business owners are meeting with their accountants and tax advisors to figure out how to reduce that inevitable income tax burden coming in April.  Here are a few strategic ways to keep some more of that money at home. Business owners are often successful in earning some money beyond the expenses of acquiring it—in short, profit.  The only problem is, the profit is taxed.  So, we work with our tax advisors to lower this [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>Money Management &#8211; The Ugly Truth About Tax Extensions</title>
		<link>http://moneymgmtsolutions.com/blog/debt-handling/money-management-the-ugly-truth-about-tax-extensions/</link>
		<comments>http://moneymgmtsolutions.com/blog/debt-handling/money-management-the-ugly-truth-about-tax-extensions/#comments</comments>
		<pubDate>Tue, 14 Apr 2009 14:45:30 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Debt Handling]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[debt reduction]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax deadline]]></category>
		<category><![CDATA[tax extension]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=579</guid>
		<description><![CDATA[Many taxpayers who owe taxes believe tax extensions protect them, but they are only partially right. Do you know the rules and deadlines for filing corporate and personal tax extensions? For companies it is March 15 and for personal tax returns it is April 15. Here’s the ugly truth about tax extensions, but first if you need to file one, do it before midnight on the deadline by using Form 7004 for a company that you can get here: http://www.irs.gov/pub/irs-pdf/f7004.pdf or Form 4868 for personal extensions that you can get here: http://www.irs.gov/pub/irs-pdf/f4868.pdf Penalty for not filing tax returns on time The IRS is much worse than any credit card company, charging a 5% PER MONTH penalty up to 25% of what you owe for late filing that compounds DAILY. That’s a whopping 60% per year, even if you did file an extension! Interest charges for late filing of tax returns [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Money Management – The Second American Revolution</title>
		<link>http://moneymgmtsolutions.com/blog/taxes/money-management-the-second-american-revolution/</link>
		<comments>http://moneymgmtsolutions.com/blog/taxes/money-management-the-second-american-revolution/#comments</comments>
		<pubDate>Fri, 03 Apr 2009 03:42:29 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Economic Crisis]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[U.S. Economy]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/?p=419</guid>
		<description><![CDATA[

]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Money Management &#8211; How To Maximize Your Tax Deductions</title>
		<link>http://moneymgmtsolutions.com/blog/accounting/how-to-maximize-your-tax-deductions/</link>
		<comments>http://moneymgmtsolutions.com/blog/accounting/how-to-maximize-your-tax-deductions/#comments</comments>
		<pubDate>Sun, 03 Feb 2008 02:36:48 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[education expenses]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[itemized deductions]]></category>
		<category><![CDATA[mileage deductions]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax credits]]></category>
		<category><![CDATA[tax deduction]]></category>

		<guid isPermaLink="false">http://moneymgmtsolutions.com/blog/how-to-maximize-your-tax-deductions/</guid>
		<description><![CDATA[It’s tax season AGAIN, and smart money management rules say you should be looking for those tax deductions that can legally lower you tax bill. Here are some of the typical deductions that you want to make sure your tax preparer knows about so you get the write-off. Money Management Deductions - 2011 Mileage Deductions Business Mileage 515-cents per mile Charitable Work Mileage 14-cents per mile Medical &#38; Moving Mileage 19-cents per mile Money Management Deductions - Dependent Education Expenses There are two tax credits available to help you offset the costs of higher education by reducing the amount of your income tax. They are the Hope Credit and the Lifetime Learning Credit, also referred to as education credits. To learn about these credits, who can claim them, what expenses qualify, and more, visit the website www.irs.gov and in the search bar type in either “child education expenses” or Publication 970.” For [...]]]></description>
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		<slash:comments>1</slash:comments>
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