Tax News, Tips and Insight from Shapiro Tax Consultant

Click on the links below to hear the latest from Leonard Shapiro. If you have questions or would like to recommend a topic for a future broadcast, please email: Tax.Consultant@Comcast.net

Dec. 19, 2007: Alternative Minimum Tax Update - The Alternative Minimum Tax Relief Act was signed today which will prevent tens of thousands from paying it for tax year 2007.

Dec. 19, 2007: Don't Bounce Your IRS Payment - New automatic debit on check payments to the IRS eliminates the float.

Dec. 19, 2007: Use Your Flex or HSA Accounts by Years End - As the year comes to a close, any pretax contributions you made become taxable if not used.

Nov. 30, 2007: Volunteer Preparers - 56% of a sampling of returns by volunteer preparers were done wrong.

Nov. 29, 2007: Mileage Rates - The IRS has issued new mileage rates for 2008.

Nov. 7, 2007: Alternative Minimum Tax - The latest news on the alternative minimum tax.

Nov. 7, 2007: Veterans - Learn about the latest work therapy payments and tax laws.

Nov. 7, 2007: Pickup Trucks for Business - Learn about pickup truck deductions for business. 

Nov. 1, 2007: Non Spousal Ira - Learn about 401k to IRA rollovers if you are inheriting an IRA.

Nov. 1, 2007: Employment Tax Dodge - Learn why the IRS is looking at companies who classify employees as contractors.

Nov. 1, 2007: Earned Income Credit - News on Earned Income Credits for those who forgot to claim it.

Nov. 1, 2007: Diet - Learn more about deducting diet and medical expenses. 

Nov. 1, 2007: ATM - Nov. 7, 2007 update on the alternative minimum tax.

Nov. 1, 2007: Amend IRA - Learn more about amending your IRA forms when your beneficiary dies.

Nov. 1, 2007: Late Refunds - Learn why refunds will be late in 2008 for early many filers.

Nov. 1, 2007: Late Filing Fees For Corps & LLCs - New fines for late filings.