Tax Information for Haiti Relief – The Vision Council

The Vision Council provided this useful tax information for Haiti Relief which we would like to pass on to our optical and vision care readers as there are some important details you might not be aware of: New Law Allows Donations to Haiti to be Claimed on 2009 Taxes On January 22, 2010, President Obama signed into law the "Haiti … [Read more...]

Year-end financial checklist

I received an email from Charles Schwab with a Year-end financial checklist. I thought it was a good idea to share this as we are so close to the end of the year. Manage your investments for potential tax savings It’s smart to think ahead—especially if your investments have fallen behind. If you decide to sell losing assets before … [Read more...]

OPTICAL TAX CALENDAR

I hate paying taxes, don't we all hate  paying taxes? I think it is because I hate it so much that I always have trouble remembering to pay quarterly tax estimates and other tax dues. I thought it might be useful to post an Optical Tax Calendar as I am sure many of our readers have the same issue. Here is an Optical Tax Calendar reminder for end of … [Read more...]

Last Minute Tax Help

It's always a big relief when my taxes are finally done! But if you have been delaying the process here here are some places you can go for last minute tax help.   TaxACT- Free online tax preparation. The FAQ page is very helpful in finding answers to your questions.  UncleFed's Tax Board- Good information on personal taxes. IRS information, … [Read more...]

Tax Alerts for Optical Employers

February 2: Most employers must file Form 941 (Employer's Quarterly Federal Tax Return) to report Medicare, social security, and income taxes withheld in the fourth quarter of 2008. Small employers who have been notified by the IRS should file Form 944 (Employer's Annual Federal Tax Return) Give your employees their copies of Form W-2 for … [Read more...]

Joe the Eyecare Professional and His Taxes

How will the new administration affect Joe the Eyecare Professional and his Taxes? The last presidential debate before the election centered on Joe the Plumber and the question of the new taxation threatening the small business that nets $250,000 and up. Now that we know that the country has elected Barack Obama should the independent optical … [Read more...]