Author Archives: Donya Oneto CPA

It’s going to be a horrible year for taxes. Time to start planning is now.

Posted on March 5, 2013 by Donya Oneto CPA
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Multinational Corporations Engage Complex Planning Strategies Avoid Taxes

Posted on May 31, 2012 by Donya Oneto CPA

Who knew? U.S. companies with offshore operations could be saving billions of dollars by utilizing apparently legal tax maneuvers, according to a new study. The Organization for Economic Cooperation and Development, in a report released Monday, found that companies around the … Continue reading →

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QuickBooks 2009 Discontinuation

Posted on May 31, 2012 by Donya Oneto CPA

Since early March, Intuit has been  informing their payroll customers that as of May 31, 2012, payroll service for QuickBooks 2009 would be discontinued. In order to provide customers with additional time to upgrade their QuickBooks software, Intuit has extended the date … Continue reading →

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What You Need to Know about the Small Business Health Care Tax Credit

Posted on March 16, 2012 by Donya Oneto CPA

IRS News Release How will the credit make a difference for you? For tax years 2010 through 2013, the maximum credit is 35 percent for small business employers and 25 percent for small tax-exempt employers such as charities. An enhanced … Continue reading →

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Finksburg woman charged with stealing $60,000 from employer

Posted on March 16, 2012 by Donya Oneto CPA

A recent embezzlement in Carroll County from the Carroll County Times March 15th 2012 issue. Unfortunately, this is a very common occurrence. Story by  Caroline Hailey Times Staff Writer A Finksburg woman is facing six charges after allegedly stealing more … Continue reading →

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Tax Credits Available for Certain Energy-Efficient Home Improvements

Posted on March 8, 2012 by Donya Oneto CPA

Here’s some recent information from the IRS about the energy credits available. The IRS would like you to get some credit for qualified home energy improvements this year. Perhaps you installed solar equipment or recently insulated your home? Here are … Continue reading →

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Education Tax Credits Help Pay Higher Education Costs

Posted on March 6, 2012 by Donya Oneto CPA

IRS Tax Tip 2012-37, February 24, 2012 Two federal tax credits may help you offset the costs of higher education for yourself or your dependents.  These are the American Opportunity Credit and the Lifetime Learning Credit. To qualify for either … Continue reading →

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IRS ALERT: IRS Audit Compliance Initiative Projects for 2012

Posted on March 5, 2012 by Donya Oneto CPA

Here is the latest IRS Alert sent from the Beyond 415 Alert System: The IRS regularly conducts national, regional and local compliance initiative projects (CIPs) to study perceived areas of noncompliance. The IRS uses the data from these projects to … Continue reading →

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Hampstead Women Indicted for Embezzlement

Posted on December 20, 2011 by Donya Oneto CPA

Below is a press release from the FBI about the Hampstead women caught embessling from her employer. Let this be a warning – this could happen to any business!     Hampstead Woman Indicted for Embezzling Over $275,000 from Her … Continue reading →

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To Outsource or Not to Outsource?

Posted on December 15, 2011 by Donya Oneto CPA

Here is a recent article from Inc Magazine contributors Karl Stark and Bill Stewart. They demonstrate through a handy formula how outsourcing is almost always the better way to go.   How Much is Your Time Worth? Inc.com, By Karl … Continue reading →

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