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	<title>ABC Taxes, Tips &#38; Tools &#187; Individual Taxes</title>
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	<link>http://artandbusinessconsulting.com/blog</link>
	<description>Tax &#38; Other Information For Individuals &#38; Small Businesses - Call Us Before the IRS Calls You</description>
	<lastBuildDate>Sat, 23 Jul 2011 15:00:32 +0000</lastBuildDate>
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		<title>Go for the real tax thing, use an EA.</title>
		<link>http://artandbusinessconsulting.com/blog/2011/07/go-for-the-real-tax-thing-use-an-ea/</link>
		<comments>http://artandbusinessconsulting.com/blog/2011/07/go-for-the-real-tax-thing-use-an-ea/#comments</comments>
		<pubDate>Sat, 23 Jul 2011 15:00:32 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[Other Information]]></category>
		<category><![CDATA[Circular 230]]></category>
		<category><![CDATA[EA]]></category>
		<category><![CDATA[enrolled agent]]></category>
		<category><![CDATA[PTIN]]></category>
		<category><![CDATA[RTRP]]></category>
		<category><![CDATA[Tax Preparer]]></category>
		<category><![CDATA[tax professional]]></category>
		<category><![CDATA[Tax return preparation news]]></category>
		<category><![CDATA[tax specialist]]></category>
		<category><![CDATA[what is an EA]]></category>
		<category><![CDATA[What is an enrolled agent]]></category>
		<category><![CDATA[what is an RTRP]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=632</guid>
		<description><![CDATA[Anybody could wake up in the morning and decide to do
taxes for money. At the same time the government subjected Certified Public Accountants, Attorneys, Enrolled Agents, Enrolled Actuaries, Enrolled Retirement Plan Agents, and Appraisers were to strict regulation via Circular 230; licensed tax preparers could face severe penalties and lose their licenses for if convicted of certain kinds of crimes, if they did not file their taxes, if they gave marginal tax returns or gave bad advice. ]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2011/07/go-for-the-real-tax-thing-use-an-ea/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>That Pesky Bonus Depreciation &amp; Automobiles — 2011 Taxes</title>
		<link>http://artandbusinessconsulting.com/blog/2011/07/that-pesky-bonus-depreciation-automobiles-2011-taxes/</link>
		<comments>http://artandbusinessconsulting.com/blog/2011/07/that-pesky-bonus-depreciation-automobiles-2011-taxes/#comments</comments>
		<pubDate>Thu, 14 Jul 2011 21:51:49 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[2011 tax depreciation]]></category>
		<category><![CDATA[automobile]]></category>
		<category><![CDATA[bonus depreciation]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[depreciation]]></category>
		<category><![CDATA[how to depreciate]]></category>
		<category><![CDATA[IRS safe harbor method]]></category>
		<category><![CDATA[listed property]]></category>
		<category><![CDATA[MACRS]]></category>
		<category><![CDATA[truck]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=797</guid>
		<description><![CDATA[However, we have a wrinkle.  For machinery including passenger cars, trucks and vans purchased after September 8, 2010 and before January 1, 2012 the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 increased first year bonus depreciation for NEW equipment purchased and placed in service to 100%.  ...Technically, the law that established MACRS/IRS depreciation did not take into account future laws limiting passenger auto depreciation, nor bonus depreciation-therefore when 100% depreciation is taken, there is nothing left to depreciate...]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2011/07/that-pesky-bonus-depreciation-automobiles-2011-taxes/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Get The Receipt From The Charity In Writing Now</title>
		<link>http://artandbusinessconsulting.com/blog/2011/07/get-the-receipt-from-the-charity-in-writing-now/</link>
		<comments>http://artandbusinessconsulting.com/blog/2011/07/get-the-receipt-from-the-charity-in-writing-now/#comments</comments>
		<pubDate>Sun, 10 Jul 2011 21:48:54 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[cash donations]]></category>
		<category><![CDATA[charitable deduction]]></category>
		<category><![CDATA[Charity]]></category>
		<category><![CDATA[conteporaneous substantiation]]></category>
		<category><![CDATA[donation of property]]></category>
		<category><![CDATA[non-cash donations]]></category>
		<category><![CDATA[requirements for deduction]]></category>
		<category><![CDATA[substatiation of charitable contributions]]></category>
		<category><![CDATA[what do I have to keep?]]></category>
		<category><![CDATA[written acknowledgement]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=653</guid>
		<description><![CDATA[Do you remember when you could estimate the amount of a certain amount of giving to a charity without having a lot of documentation?  “I estimate I dropped $20 to the Salvation Army kettle, and another $5 per week to the church collection, plus donated some clothes and other items valued at around $50… call it $330.”   Those days are [...]]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2011/07/get-the-receipt-from-the-charity-in-writing-now/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Woo Hoo, the IRS Increases Mileage Rate</title>
		<link>http://artandbusinessconsulting.com/blog/2011/06/woo-hoo-the-irs-increases-mileage-rate/</link>
		<comments>http://artandbusinessconsulting.com/blog/2011/06/woo-hoo-the-irs-increases-mileage-rate/#comments</comments>
		<pubDate>Thu, 23 Jun 2011 22:54:52 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[1040 Schedule A]]></category>
		<category><![CDATA[2011 mileage rate]]></category>
		<category><![CDATA[automobile deduction]]></category>
		<category><![CDATA[automotive use deduction]]></category>
		<category><![CDATA[busines use of personal vehicle]]></category>
		<category><![CDATA[can you deduct use of your car]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[Form 2106]]></category>
		<category><![CDATA[July 1 increase]]></category>
		<category><![CDATA[mileage log]]></category>
		<category><![CDATA[record keeping requirements]]></category>
		<category><![CDATA[truck]]></category>
		<category><![CDATA[unreimbursed employee expense]]></category>
		<category><![CDATA[van]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=745</guid>
		<description><![CDATA[Do you use your car for your business or for work? If you keep good written records, the business use of your car can be a very nice business deduction, unreimbursed employee expense, or your employer may even reimburse you.

On January 1, 2011 the optional mileage rate was 51 cents per mile-that's more than a dollar for every 2 miles you drive for business.   In recognition of the increase in gas prices, the IRS announced they would increase the optional mileage rate to 55.5 cents per mile on July 1, 2011; normally they only adjust this rate once per year.
]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2011/06/woo-hoo-the-irs-increases-mileage-rate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Late Breaking IRA News: Roth Conversions, RMDs, Charity.</title>
		<link>http://artandbusinessconsulting.com/blog/2011/02/late-breaking-ira-news-roth-conversions-rmds-charity/</link>
		<comments>http://artandbusinessconsulting.com/blog/2011/02/late-breaking-ira-news-roth-conversions-rmds-charity/#comments</comments>
		<pubDate>Wed, 16 Feb 2011 03:38:06 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[2010 Roth conversion]]></category>
		<category><![CDATA[2010 taxes]]></category>
		<category><![CDATA[60-day rollover period]]></category>
		<category><![CDATA[Charity]]></category>
		<category><![CDATA[defer tax on IRA converion]]></category>
		<category><![CDATA[defer tax on Roth conversion]]></category>
		<category><![CDATA[direct distribution to charity]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[Minimum Required Distribution]]></category>
		<category><![CDATA[MRD]]></category>
		<category><![CDATA[Roth IRA]]></category>
		<category><![CDATA[Traditional IRA]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=581</guid>
		<description><![CDATA[a taxpayer can't handle the tax treatment of various IRAs differently.  A taxpayer may NOT pay all the tax on one Roth conversion and defer the income for a different IRA's Roth conversion; the way the taxpayer treats one 2010 IRA to Roth IRA conversion is the way the taxpayer must treat all 2010 IRA to Roth IRA conversions. ]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2011/02/late-breaking-ira-news-roth-conversions-rmds-charity/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>February 14, 2011 — IRS Accepting 1040 Schedule A e-file</title>
		<link>http://artandbusinessconsulting.com/blog/2011/01/february-14-2011-irs-accepting-1040-schedule-a-e-file/</link>
		<comments>http://artandbusinessconsulting.com/blog/2011/01/february-14-2011-irs-accepting-1040-schedule-a-e-file/#comments</comments>
		<pubDate>Thu, 20 Jan 2011 22:42:11 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[Other Information]]></category>
		<category><![CDATA[2010 income taxes]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[2011 tax filing season]]></category>
		<category><![CDATA[e-file]]></category>
		<category><![CDATA[e-file delay]]></category>
		<category><![CDATA[educator expense]]></category>
		<category><![CDATA[february 14]]></category>
		<category><![CDATA[income taxes]]></category>
		<category><![CDATA[individual taxes]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[RAL]]></category>
		<category><![CDATA[refund anticipation loan]]></category>
		<category><![CDATA[schedule A]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[tuition & fees]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=557</guid>
		<description><![CDATA[In the last blog, we mentioned that for many tax filers, the IRS was delaying e-file acceptance; it will not process certain kinds of tax returns until their system has been modified to incorporated tax law changes passed very near the end of 2010.  The IRS has announced it will be accepting &#38; begin processing [...]]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2011/01/february-14-2011-irs-accepting-1040-schedule-a-e-file/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IRS Annouces Delays in Processing for Itemizers &amp; Other Taxpayers</title>
		<link>http://artandbusinessconsulting.com/blog/2011/01/irs-annouces-delays-in-processing-for-itemizers-other-taxpayers/</link>
		<comments>http://artandbusinessconsulting.com/blog/2011/01/irs-annouces-delays-in-processing-for-itemizers-other-taxpayers/#comments</comments>
		<pubDate>Thu, 06 Jan 2011 15:00:16 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[2010 tax]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[alcohol & biofuels]]></category>
		<category><![CDATA[alternative motor vehicle]]></category>
		<category><![CDATA[casualty & theft]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[DC]]></category>
		<category><![CDATA[deduction]]></category>
		<category><![CDATA[delay]]></category>
		<category><![CDATA[educator expense]]></category>
		<category><![CDATA[filing season]]></category>
		<category><![CDATA[first time homebuyer credit]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[plug in electric vehicle]]></category>
		<category><![CDATA[processing]]></category>
		<category><![CDATA[refund]]></category>
		<category><![CDATA[repayment]]></category>
		<category><![CDATA[schedule A]]></category>
		<category><![CDATA[tax return]]></category>
		<category><![CDATA[tuition & fees]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=550</guid>
		<description><![CDATA[Because the congress passed certain extenders very late last year, the IRS has to play catch up. The IRS has asked tax preparers NOT to e-file certain kinds of tax returns until they give the go-ahead, some time in mid-to-late February, 2011.  What does this mean?  Among the affected taxpayers are those that  itemize, take the tuition and fees deduction  [...]]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2011/01/irs-annouces-delays-in-processing-for-itemizers-other-taxpayers/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>December 17: 2010 Tax Relief Act</title>
		<link>http://artandbusinessconsulting.com/blog/2010/12/december-17-2010-tax-relief-act/</link>
		<comments>http://artandbusinessconsulting.com/blog/2010/12/december-17-2010-tax-relief-act/#comments</comments>
		<pubDate>Mon, 20 Dec 2010 04:28:29 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[1099-MISC]]></category>
		<category><![CDATA[15% capital gains tax]]></category>
		<category><![CDATA[2% social security tax cut]]></category>
		<category><![CDATA[2010]]></category>
		<category><![CDATA[2010 tax relief act]]></category>
		<category><![CDATA[2010 tax update]]></category>
		<category><![CDATA[2011 mileage]]></category>
		<category><![CDATA[bonus depreciation]]></category>
		<category><![CDATA[business computer donation for education]]></category>
		<category><![CDATA[business tax]]></category>
		<category><![CDATA[deduction]]></category>
		<category><![CDATA[emergency unemployment compensation]]></category>
		<category><![CDATA[employee social security]]></category>
		<category><![CDATA[energy tax credit]]></category>
		<category><![CDATA[estate tax]]></category>
		<category><![CDATA[Expanded information reporting]]></category>
		<category><![CDATA[extenders bill]]></category>
		<category><![CDATA[extension]]></category>
		<category><![CDATA[extension of tax cuts]]></category>
		<category><![CDATA[food inventory charity]]></category>
		<category><![CDATA[individual tax]]></category>
		<category><![CDATA[mileage rate]]></category>
		<category><![CDATA[research credit]]></category>
		<category><![CDATA[section 179]]></category>
		<category><![CDATA[state and local sales tax]]></category>
		<category><![CDATA[tax breaks]]></category>
		<category><![CDATA[tax credits]]></category>
		<category><![CDATA[tax update]]></category>
		<category><![CDATA[tax-free IRA distribution to charity]]></category>
		<category><![CDATA[through 2011]]></category>
		<category><![CDATA[through 2012]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=514</guid>
		<description><![CDATA[Note: Much of the following is extracted from the Senate Finance Committee’s explanation of  Reid-McConnell Tax Relief, Unemployment Insurance Reathorization and Job Creation Act, which incorporated the amendments to HR4853 that President Obama negotiated with the Senate and passed back to the House.  There was some debate in the house about the Estate tax, but the estate tax amendment [...]]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2010/12/december-17-2010-tax-relief-act/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>September 2010 Tax Update</title>
		<link>http://artandbusinessconsulting.com/blog/2010/09/september-2010-tax-update/</link>
		<comments>http://artandbusinessconsulting.com/blog/2010/09/september-2010-tax-update/#comments</comments>
		<pubDate>Sun, 05 Sep 2010 04:37:04 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[Other Information]]></category>
		<category><![CDATA[1099-MISC]]></category>
		<category><![CDATA[15% capital gains tax]]></category>
		<category><![CDATA[2010]]></category>
		<category><![CDATA[2010 tax update]]></category>
		<category><![CDATA[bonus depreciation]]></category>
		<category><![CDATA[Bush Tax Cut]]></category>
		<category><![CDATA[business computer donation for education]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[congress inaction]]></category>
		<category><![CDATA[energy tax credit]]></category>
		<category><![CDATA[estate tax]]></category>
		<category><![CDATA[Expanded information reporting]]></category>
		<category><![CDATA[extension of tax cuts]]></category>
		<category><![CDATA[food inventory charity]]></category>
		<category><![CDATA[property tax standard deduction]]></category>
		<category><![CDATA[research credit]]></category>
		<category><![CDATA[section 179]]></category>
		<category><![CDATA[state and local sales tax]]></category>
		<category><![CDATA[tax breaks]]></category>
		<category><![CDATA[tax planning]]></category>
		<category><![CDATA[tax-free IRA distribution to charity]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=481</guid>
		<description><![CDATA[Congress continues to do nothing.  There is a lot of speculation about what they might do and when, but basically things are pretty much where they have been for months. Some think that congress will act on extending the Bush tax cuts, extending provisions that lapsed at the beginning of this year and AMT before [...]]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2010/09/september-2010-tax-update/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Hiring Your Spouse Without Running Afoul The IRS.</title>
		<link>http://artandbusinessconsulting.com/blog/2010/08/hiring-your-spouse-without-running-afoul-the-irs/</link>
		<comments>http://artandbusinessconsulting.com/blog/2010/08/hiring-your-spouse-without-running-afoul-the-irs/#comments</comments>
		<pubDate>Tue, 17 Aug 2010 07:47:48 +0000</pubDate>
		<dc:creator>Jake Beckman EA</dc:creator>
				<category><![CDATA[Business Taxes]]></category>
		<category><![CDATA[General Business]]></category>
		<category><![CDATA[Individual Taxes]]></category>
		<category><![CDATA[co-mingle]]></category>
		<category><![CDATA[commingling]]></category>
		<category><![CDATA[economic substance doctrine]]></category>
		<category><![CDATA[hiring your spouse]]></category>
		<category><![CDATA[how to]]></category>
		<category><![CDATA[medical insurance]]></category>
		<category><![CDATA[medical reimubursement]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[tax implications]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://artandbusinessconsulting.com/blog/?p=256</guid>
		<description><![CDATA[On the advice of a CPA a farmer hired his wife who had worked on the family farm for years without pay.  All the farm and personal expenses were paid from the same joint checking account (this is called co-mingling of funds).  The rational for suddenly hiring his wife and paying her a modest salary [...]]]></description>
		<wfw:commentRss>http://artandbusinessconsulting.com/blog/2010/08/hiring-your-spouse-without-running-afoul-the-irs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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