The Firm of Gardner & Billing, CPAs PLLC

During the bloody Battle for Iwo Jima, U.S. Marines from the 3rd Platoon, E Company, 2nd Battalion, 28th Regiment of the 5th Division take the crest of Mount Suribachi, the island’s highest peak and most strategic position, and raise the U.S. flag. Marine photographer Louis Lowery was with them and recorded the event. American soldiers fighting for control of Suribachi’s slopes cheered the raising of the flag, and several hours later more Marines headed up to the crest with a larger flag. Joe Rosenthal, a photographer with the Associated Press, met them along the way and recorded the raising of the second flag along with a Marine still photographer and a motion-picture cameraman.  Rosenthal took three photographs atop Suribachi. The first, which showed five Marines and one Navy corpsman struggling to hoist the heavy flag pole, became the most reproduced photograph in history and won him a Pulitzer Prize. The accompanying motion-picture footage attests to the fact that the

Article from irs.gov reviewed Jan-11 2016   The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it’s possible your tax return may require additional review and take longer. "Where’s My Refund?" has the most up to date information available about your refund. The tool is updated no more than once a day so you don’t need to check more often. Our phone and walk-in representatives can research the status of your refund  if it's been 21 days or more since you filed electronically, more than 6 weeks since you mailed your paper return or if "Where’s My Refund?" directs you to contact us.   You can use "Where’s My Refund?" to start checking on the status of your return within 24 hours after we have received your e-filed return or 4 weeks after you mail a paper return. "Where’s My Refund?" has a tracker that displays progress through 3 stages: (1) Return Received, (2) Refund Approved and (3) Refund Sent.   You will

At Gardner & Billing we don't get to observe any three day weekends during tax season, but nevertheless, we will still be honoring the history of our American leaders on Presidents' Day!  Presidents’ Day is an American holiday celebrated on the third Monday in February. Originally established in 1885 in recognition of President George Washington, it is still officially called “Washington’s Birthday” by the federal government. Traditionally celebrated on February 22—Washington’s actual day of birth—the holiday became popularly known as Presidents’ Day after it was moved as part of 1971’s Uniform Monday Holiday Act, an attempt to create more three-day weekends for the nation’s workers. While several states still have individual holidays honoring the birthdays of Washington, Abraham Lincoln and other figures, Presidents’ Day is now popularly viewed as a day to celebrate all U.S. presidents past and present. 

By Bonnie Lee, FOXBusiness For classification purposes, the IRS considers more than just ground tillers as farmers. The IRS regards orchards, livestock, dairy, poultry, vineyards, ranches, ranges, and even fish as farming.  For tax purposes, if the activity is owned by a sole proprietor, farming is considered a small business. However, these activities are reported on Schedule F rather than Schedule C of Form 1040. The basic rules governing all small businesses apply with some interesting exceptions. Here are the basic rules: Net profit is subject to self-employment tax, which is calculated on Schedule SE. You may deduct all “ordinary and necessary” business expenses. Workers you hire are subject to payroll tax withholding and matching unless they pass the test to categorize them as independent contractors. Net operating losses can be carried back or forward. You may deduct self-employed health insurance on Line 29 of Form 1040