Category: Blog

Home Office Deduction Miami Deduct Home Office Expenses If you use part of your home for business, you may be able to deduct expenses for the business use of your home. These expenses may include mortgage interest, insurance, utilities, repairs, and depreciation. The home office deduction is available for homeowners and renters, and applies to… Continue reading Home Office Deduction

Miami Business Tax Service Best Accountant in Miami Running a business is something that takes a lot of dedication, hard work, focus, and time. Time is of the essence for a business that is making its way to the top and rising above its competitors. At Kerr Koncepts, we offer a Miami Business Tax Service… Continue reading What Are the Benefits of an Accounting, Tax Consultant Handling Your Personal and Business Taxes?

Miami Interest Rates Rate of Interest WASHINGTON — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning April 1, 2013. The rates will be: three (3) percent for overpayments (two (2) percent in the case of a corporation); three (3) percent for underpayments; five (5) percent… Continue reading Interest Rates Remain the Same for the Second Quarter of 2013

Fuel Tax Credit Extensions The American Taxpayer Relief Act of 2012 (Pub. L. 112-240) retroactively extends certain fuel tax credits that expired on Dec. 31, 2011. The retroactively extended fuel tax credits are the biodiesel mixture credit, biodiesel credit, alternative fuel credit, and the alternative fuel mixture credit. These credits are now scheduled to expire… Continue reading Fuel Tax Credit Extensions Frequently Asked Questions

Report Miami Tax Scams Miami Tax Schemes Participating in an illegal scheme to avoid paying taxes can result in imprisonment and fines, as well as the repayment of taxes owed with penalties and interest. If you become aware of any abusive tax scams, please report them to the appropriate contact below. Reporting Tax Scams Promoters… Continue reading Tax Scams – How to Report Them

Identity Theft Miami Prevent Refund Fraud WASHINGTON — Continuing a year-long enforcement push against refund fraud and identity theft, the Internal Revenue Service today announced the results of a massive national sweep in recent weeks targeting identity theft suspects in 32 states and Puerto Rico, which involved 215 cities and surrounding areas. The coast-to-coast effort… Continue reading IRS Intensifies National Crackdown on Identity Theft; Part of Wider Effort to Protect Taxpayers, Prevent Refund Fraud