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	<title>Gregory &#38; Associates, LLC</title>
	<link>http://www.esgregorycpa.com</link>
	<description>Trusted By Resort Businesses For Over 25 Years</description>
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		<title>Don&#8217;t be Scammed by Tax Season Cyber Criminals</title>
		<description><![CDATA[Now that tax season is upon us, so are the e-mail scammers pretending to be the IRS. Most of these scams fraudulently use the IRS name, logo, and/or website header as a lure to make the communication appear more authentic and enticing. They lead you to believe you had a refund of some sort coming [...]]]></description>
		<link>http://www.esgregorycpa.com/dont-be-scammed-by-tax-season-cyber-criminals-dont-be-scammed-by-tax-season-cyber-criminals</link>
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		<title>Schedule Cs in the IRS’ Bull’s-eye</title>
		<description><![CDATA[Schedule C is the form that unincorporated sole proprietor businesses use to report their income and expenses as part of their individual tax returns. Schedule Cs have been center stage in recent IRS “tax gap” estimates. The tax gap is defined as the amount of tax liability faced by taxpayers that is not paid on [...]]]></description>
		<link>http://www.esgregorycpa.com/schedule-cs-in-the-irs-bulls-eye</link>
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		<title>It’s Not Too Late</title>
		<description><![CDATA[It’s not too late to make an IRA and/or SEP contribution or undo a Roth IRA conversion for 2011. Generally, after the close of the year you can no longer take steps to alter the outcome of your tax return. However, both IRA contributions and SEP contributions can be made for a year after it [...]]]></description>
		<link>http://www.esgregorycpa.com/its-not-too-late</link>
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		<title>New Reporting Requirement for Individuals with Foreign Financial Assets</title>
		<description><![CDATA[New for 2011 is a requirement for any individual who, during the tax year, holds any interest in a “specified foreign financial asset” to complete and attach Form 8938 to his or her income tax return if a reporting threshold is met. The reporting threshold varies depending on whether the individual lives in the U.S. [...]]]></description>
		<link>http://www.esgregorycpa.com/new-reporting-requirement-for-individuals-with-foreign-financial-assets</link>
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		<title>Nominees Have 1099 Reporting Requirements</title>
		<description><![CDATA[Candidates seeking political offices aren’t the only individuals who are “nominees.” For tax purposes, if you receive, in your name, income that actually belongs to someone else, you are also a nominee. Being a nominee means you must file with the IRS a 1099 form appropriate to the type of income you received and give [...]]]></description>
		<link>http://www.esgregorycpa.com/nominees-have-1099-reporting-requirements</link>
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		<title>Those Gold Sales May Be Taxable</title>
		<description><![CDATA[If you took advantage of the escalating gold and silver prices and made any sales of gold, silver, gems, jewelry, or the like during 2011, you are required to report the sales on your tax return. Whether or not the sales are subject to tax, and at what tax rate, depends upon the type of [...]]]></description>
		<link>http://www.esgregorycpa.com/those-gold-sales-may-be-taxable</link>
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		<title>It&#8217;s Tax Time! Are You Ready?</title>
		<description><![CDATA[If you’re like most taxpayers, you find yourself with an ominous stack of “homework” around TAX TIME! Unfortunately, the job of pulling together the records for your tax appointment is never easy, but the effort usually pays off when it comes to the extra tax money you save! When you arrive at your appointment fully [...]]]></description>
		<link>http://www.esgregorycpa.com/its-tax-time-are-you-ready</link>
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		<title>Are You Required to File 1099s?</title>
		<description><![CDATA[If you use independent contractors to perform services for your business and you pay them $600 or more for the year, you are required to issue them a Form 1099 after the end of the year to avoid facing the loss of the deduction for their labor and expenses and to avoid a monetary penalty. [...]]]></description>
		<link>http://www.esgregorycpa.com/are-you-required-to-file-1099s-2</link>
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		<title>2012 Standard Mileage Rates Announced</title>
		<description><![CDATA[The Internal Revenue Service has issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on January 1, 2012, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be: 55.5 cents per [...]]]></description>
		<link>http://www.esgregorycpa.com/2012-standard-mileage-rates-announced</link>
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		<title>Are You Liable for a Gift Tax Return?</title>
		<description><![CDATA[Frequently, taxpayers think that gifts of cash, securities, or other assets they give to other individuals are tax-deductible and, in turn, the gift recipient sometimes thinks income tax must be paid on the gift received. Nothing is further from the truth. To fully understand the ramifications of gifting, one needs to realize that gift tax [...]]]></description>
		<link>http://www.esgregorycpa.com/are-you-liable-for-a-gift-tax-return</link>
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