Tuesday, February 12, 2008
To avoid those red flags that trigger an audit and cost you, here are a few common mistakes. 1. You must have receipts in hand when you file for all charitable contributions. After 2007, there will be no write-offs for money placed in collection plates or Salavation Army pots. You must have a... Sign in to see full entry.
Tuesday, February 5, 2008
More Missed Deductions!!
Here are more deductions that people miss. State sales taxes: If you live in a state that has an income tax, than yes it is better to claim the income tax. But, if your state does not have a sales tax or you made large purchases like a car, boat, or airplane, you can add that to the sales tax table... Sign in to see full entry.
Monday, January 28, 2008
Records - A Pain to Keep!!
How we hate to keep records! But if we want to claim that deduction than we have to keep records. What qualifies as a record? The IRS accepts "contemporeous records" which means if you are claiming mileage than take a calender and write on it the who what and were and miles driven. The same applies... Sign in to see full entry.
Tuesday, January 22, 2008
Did You Miss That Deduction?
If you haven't keep good records, than you are only hurting yourself in missing deductions. If you keep your check register on the computer, print out a copy with the expenses listed by category. Don't forget that you can claim a deductions for miles driven for charitable contributions or job... Sign in to see full entry.
Tuesday, January 15, 2008
TAX Time is Here
Since I spent 22 years working for the IRS, I am going to change subjects for the next couple weeks with tips on filing taxes. This week: Organize your records. The simplest and best method is to take all your receipts for 2007 and sort into piles: Medical, Charitable Contributions, Employee... Sign in to see full entry.
Monday, December 24, 2007
Memomie, Wisconsin
Gateway to the Red Cedar State Trail, a 14 mile hiking and bike trail, Menomonie, Wisconsin has a rich history displayed in its restored historical sites, lumber museum, and theater. As a former lumber town, the museum "Empire in Pine Lumber Museum" displays the operations of the Knapp, Stout &... Sign in to see full entry.
Thursday, December 13, 2007
The Showboat in Chesaning
In 1937 the Chamber of Commerce of Chesaning, Michigan took a big gamble and built a replica Mississippi riverboat to feature vaudeville-style shows. The first showboat made its debut on Thursday, July 15, 1937. All funds earned by the showboat are returned to the community and in the six decades... Sign in to see full entry.
Tuesday, December 4, 2007
Popcorn Facts
There is a Popcorn, Indiana. It is located 20 miles southwest of Bloomington. While it consists of a white wood framed church and Dale Humphrey's beef farm, it was the inspiration for Dale & Thomas Popcorn sold over the Internet and five locations in New York city. Nine states produce popcorn with... Sign in to see full entry.
Thursday, November 29, 2007
Aviation: From Balloons to Space Flight
In May 2007, "Snoopy as the World War I Flying Ace" opened at the Air Zoo in Kalamazoo, Michigan. Featuring 40 showcases of Snoopy's adventures, this exhibit shows Snoopy in his transformed doghouse sparring with the Red Baron. Other exhibits at the Air Zoo include the National Guadalcanal Memorial... Sign in to see full entry.
Wednesday, November 21, 2007
Call of the Wild - Isle Royale
It is a hiker's paradise with 165 miles of trails and a kayaker's dream with numerous inland lakes. It has a current population of 21 wolves and approximately 500-600 moose. This island located on the northwest corner of Lake Superior is accessible only by seaplane or boat. Isle Royale is 45 miles... Sign in to see full entry.