Useful tax tips and information from Jerry Coon of Action Tax Service.
Jerry Coon, Enrolled Agent Two business entities available when starting a business I believe it’s important to write an article or two about the various business entities that are available to a person starting a business. With the economy remaining in the doldrums, good and experienced employees are still losing jobs. Some of these people will start or buy a [...]
Jerry Coon, Enrolled Agent How are tax bills formed? As I said last week, I’m not really a superstitious person. However, when it comes to sporting venues, I do have one or two rituals that I do observe. For example, I have played either fast-pitch softball or slow-pitch softball most of my adult life. I have a set manner of getting ready to bat that has served me quite [...]
Jerry Coon, Enrolled Agent Michigan Residential Energy Credit to have positive effect I don’t consider myself a superstitious person. I don’t really believe in omens. However, I do pay attention to events as they occur, draw conclusions from those events, and base my actions on those conclusions. For example, over the Labor Day weekend, Deb and I camped along with her [...]
Who qualifies for first-time home-buyer credit? Jerry Coon, Enrolled Agent The traditional ending of summer has occurred. The long Labor Day weekend has come and gone. The kids are back in school. High school, college and pro football games are here to stay for the next few months—that’s a good thing when it comes to Rockford football, a good thing when it comes to [...]
Jerry Coon, Enrolled Agent Swiss banks give up names, information Recently, there has been much publicity that the U.S. government has worked out an agreement with a Swiss bank, UBS, wherein the bank will provide taxpayer identification and investment information to the Internal Revenue Service. We all know the old saying, “Never say never.” The saying definitely [...]