David Rocci Tax Rants

There were millions of people who were unemployed in 2010 and if you were one of them we want to make sure that you are prepared to pay taxes this year. And do NOT forget to have withholdings taken f...
Claim your tips! In a lot of cases, reporting the tip income will help you! Plus, it's the legal and ethical thing to do, too. The IRS will remind you that all income, including tips, is subject to ta...
Posted To: David Rocci Tax Rants By: David Rocci on Friday, February 11, 2011
I realize this is a nationwide blog and most of you probably don't care about Illinois - BUT... I'm from Illinois and this hits a lot of us where it hurts - our wallets! The State of Illinois placed a...
Posted To: David Rocci Tax Rants By: David Rocci on Monday, January 24, 2011
Several times a day, I log into my favorite search engine (ok…its Google if you must know) and search for “Taxes” under the “News” section.  I would b...
Posted To: David Rocci Tax Rants By: David Rocci on Saturday, January 22, 2011
Income tax filing season has begun and important tax documents should be arriving in the mail.  Even though your return is not due until April, getting an early start will make filing easier.&nbs...
Posted To: David Rocci Tax Rants By: David Rocci on Monday, January 17, 2011
A friend of mine recently squeezed out her third child - just in time to qualify for more tax savings! No, not third child this year, but it is her third child since 2008.  Anyway, we were joking...
Posted To: David Rocci Tax Rants By: David Rocci on Monday, January 03, 2011
On December 17 the new Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 became a law.  The new law includes many new benefits for taxpayers and was a symbol of bot...
Posted To: David Rocci Tax Rants By: David Rocci on Tuesday, December 21, 2010
The United States Senate gave approval to the tax and stimulus package that would extend tax cuts for all Americans and would cost nearly $855 billion, according to preliminary projections by the Join...
Posted To: David Rocci Tax Rants By: David Rocci on Thursday, December 16, 2010
In 2011, a vehicle used for business purposes will be able to claim 51 cents instead of the 50 cents in 2010 according to the Internal Revenue Service. The IRS announced the 2011 optional standa...
Posted To: David Rocci Tax Rants By: David Rocci on Thursday, December 09, 2010
December is here!  It is time for holiday parties, families, friends and all types of celebrations - and loads of eggnog!  Not to be lost in the shuffle is the end of the year...
Posted To: David Rocci Tax Rants By: David Rocci on Wednesday, December 01, 2010