cpasense

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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Friday, September 23, 2005

IRS Frequently Asked Questions

The IRS is testing a new Frequently Asked Questions (FAQ) system that will improve the way you can find answers to your questions

Internal Revenue Service

Tuesday, September 20, 2005

Ask The Money Doctor

Welcome to “Ask The Money Doctor” our online resource for consumers who are looking for guidance about personal financial matters. Qualified CPAs and CPA Personal Financial Specialists (PFS) have volunteered to act as Money Doctors and will answer questions from consumers regarding their financial planning issues and questions. The program is offered as a public service and is designed to help and protect consumers by providing guidance on basic financial planning issues.

Program Update: In the wake of Hurricane Katrina, this AICPA web site is being repositioned to address specifics to that disaster recovery

American Institute of Certified Public Accountants (AICPA)

Monday, September 19, 2005

Michigan Individual Income Tax

Frequently Asked Questions

Michigan Department of treasury

Medicare Premiums & Deductibles - 2006

The Medicare Part B monthly premium will be $88.50 in 2006, an increase of $10.30 from the current $78.20.........

CMS - Centers For Medicare & Medicaid Services

Mark Fiore Cartoonist portrays "Our Legislators"

Wave or Click Mouse over Donkey & Elephant

Your six biggest money fears

We all worry about money. Trouble is, we're scared of the wrong things

CNN Money - Money Magazine

Sunday, September 18, 2005

Gas Prices - What You Can Do

The Attorney General closely monitors wholesale and retail prices and has a team ready to respond to verified reports of price gouging.

Attorney General - State of Michigan

Saturday, September 17, 2005

How to Appeal IRS Decisions
If you've been audited by the IRS and, as a result, asked to ante up more dollars, don't panic!

Michigan Association of CPAs

Friday, September 16, 2005

Michigan Citizens: How You Can Help Katrina Victims

State of Michigan

CCH Projects Inflation-Adjusted Tax Brackets and Other Amounts for 2006 - Commerce Clearing House

The projected figures are based on the inflation adjustment provisions of the Internal Revenue Service as currently in force and the average of the Consumer Price Index (CPI) as released by the Department of Labor (DOL) for year-end and 2006 tax planning.

Thursday, September 15, 2005

Disaster Recovery And Preparedness

Are You Or Someone You Know Affected By Hurricane Katrina?

The Michigan Association of CPAs wants to be sure that you are aware of critical resources to aid victims in the recovery process. Disaster Recovery: A Guide to Financial Issues provides information, tips and resources to help you to regain a sense of financial balance. Even if you haven’t been touched by this tragedy, you should be sure that you are prepared if a disaster occurs in your life. Financial Planning: A Guide for Disaster Preparedness is a guide to preparing for disasters before they occur. Additional information can be found by visiting the Red Cross web site.

U.S. Dept. of Homeland Security - Threat Advisory & Information
http://www.ready.gov

Saturday, September 10, 2005

IRS Increases Mileage Rates From September 1 - December 31

IRS Commissioner Mark Everson has announced an increase in the standard optional mileage rates at 48.5 cents a mile (increase of 8 cents) for business use of auto, 22 cents a mile for moving and medical (7 cents increase) for the four months ending December 31.
Internal Revenue Service

Friday, September 09, 2005

Treasury/IRS Special Relief To Encourage Leave-Donation Programs For Katrina Victims

Under these programs, employees donate their vacation, sick or personal leave in exchange for employer cash payments to qualified tax-exempt organizations providing relief to Katrina victims.
Treasury/Internal Revenue Service

Wednesday, September 07, 2005

Retirement Savings Contribution Credit

Details on a credit some taxpayers can claim when they contribute to an IRA or 401k.
Fairmark Press

Ten Easy Ways To Save Money In Your Business

In slow economic times, a little belt-tightening can go a long way toward helping a small business survive and prosper. If you are a small business owner, take the advice of the Michigan Association of CPAs and put these cost-cutting strategies to work....-MORE-

IRS Site Map

Internal Revenue Service

Friday, September 02, 2005

Katrina Relief Organizations

The Better Business Bureau Wise Giving Alliance offers guidance to donors on making informed giving decisions through our charity evaluation services, "tips" publications, and publishes the quarterly BBB Wise Giving Guide
Better Business Bureau

AMERICAN RED CROSS http://www.redcross.org

1-800-HELP-NOW

SALVATION ARMY
http://www.salvationarmyusa.org/USNSAHome.htm

1-800-SAL-ARMY