Ben Smith

Author's posts

The Deal is Done

02/20/09 President Obama today signed the $787 billion stimulus package, which includes a number of tax breaks and other items of interest: For First-time Homebuyers there is a $500 increase in last year’s tax credit (essentially an interest-free loan) to $8000 – but this time it doesn’t have to be paid back, unless the taxpayer sells the …

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Thoughts on the economy

Help! My retirement fund took a dive! What should I do? If your money is soundly invested in a diverse range of instruments, you should not worry. And you shouldn’t panic and sell it all off before it goes down any further – it may cost you in the short term, and it will cost …

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What is True Wealth?

Excellent article that explains what true wealth is: http://www.getrichslowly.org/blog/2009/01/18/the-razors-edge-lessons-in-true-wealth/

Privacy Policy

CPAs, like all providers of personal financial services, are now required by law to inform their clients of their policies regarding privacy of client information. CPAs have been and continue to be bound by professional standards of confidentiality that are even more stringent than those required by law. Therefore, CPAs have always protected your right …

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Terms Of Use

Browsing CPABOISE Accounting and Financial PLLC (the website or site) and CPABOISE.com. This site is provided by CPABOISE Accounting and Financial PLLC as a service to our clients and to the general public. This site is intended for informational purposes only. This site is controlled by CPABOISE Accounting and Financial PLLC headquartered in Boise, ID. …

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FP

 Laura L Canales CPA MPA Hello, my name is Laura L Canales, CPA MPA, and have worked as an accounting professional for over 25 years in financial accounting and tax preparation. I lead small, family-owned businesses from formation through profitability to succession planning and retirement. Utilizing my expertise and advice businesses can continually update their …

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New tax deduction for individuals

For those who don’t itemize, a deduction is available in addition to the standard deduction: up to $500 is allowed for real property taxes paid in 2008. This will be a help to those who have paid off their homes, and wouldn’t otherwise qualify for itemization. The deduction is also available for 2009 property taxes.

Proposed tax legislation

President Obama has proposed some tax relief for American families. Among the tax provisions of the proposed legislation The American Recovery and Reinvestment Tax Act of 2009 (ARRT) is a refundable tax credit of 6.2% (equal to the social security tax withheld from your pay) of earned income, not to exceed $500 for a single …

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Important Dates

04/10 – Gather tip income from employees 04/15 – HAPPY TAX DAY! Partnership and Individual tax returns due!! Monthly payroll tax deposit due for Mar; 2012 1st Qtr Estimated Tax Payment due 04/20 – Idaho Withholding and Sales tax due for Mar/1st Qtr 04/30 – 1st Quarter federal payroll tax reports due; 940 payment due …

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Frequently Asked Questions

We will answer your general questions in this space (no names or other personal identifying data will be published). Click on the button to submit your questions.   Why do I need a Certified Public Accountant? Because as an individual, an investor, or business owner, you want to have access to the best expertise to …

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