Early planning can make 2012 filing season easier
The new year brings a new tax filing season. Mid-April may seem
like a long time away in January but it is important to start
preparing now for filing your 2011 federal income tax return.
The IR...
Looking back: Top 10 federal tax developments of 2011
Looking back over 2011, the IRS, Congress and the courts made many
tax decisions impacting taxpayers of all types. Some tax
developments were taxpayer-friendly; others imposed new
requirements on taxp...
How do I...Claim a charitable contribution of property?
Claiming a charitable deduction for a cash contribution is
straightforward. The taxpayer claims the amount paid, whether by
cash, check, credit card or some other method, if the proper
records are mai...
January 2012 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important tax reporting and filing data for
individuals...
2011 LKR Business - Personal Use of Company Auto Letter (PDF)
As year-end approaches, it is time to start thinking about
preparing W-2's. One commonly asked question is "How should
employees' personal use of company automobiles be treated?"
Follow...
2011 LKR S Corporation Letter (PDF)
As year-end approaches, we wanted to take a minute to remind you
about the proper income tax treatment of fringe benefits provided
to greater than 2% shareholders of S Corporations. The IRS
h...
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Leeper, Kean & Rumley, LLP is a Greensboro, NC CPA firm with a strong foundation of tax, audit and consulting experience, serving individuals & closely-held businesses through our forward thinking, friendly and technically advanced practice. We believe the success of our firm is a result of our client's success.
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