Interested in the least expensive place to locate a business? Check out the results of this KPMG study.

Admittedly, I’m not a huge fan of the IRS or our taxing system in the U.S. However, like it or not, we bound by law and the requirements thereof to pay our share to the IRS based upon the prescribed tax laws. We all know that life can at times throw a curve ball which leads to financial hardship and perhaps the disregard for tax returns and the related obligation. After overcoming that curve ball, I find that some people desire to come clean, take responsibility for their prior mistakes, and thus address any outstanding tax issues with the IRS.

Most people think of the warehouse clubs as places for purchasing high quantities of goods for a lower per item price. However, take a look at the business services provided by SamsClub and Costco. Both provide similar yet different services. Compare and see if you can find a better price elsewhere. Personally, I doubt it.

This act provides tax credits for the purchase of fuel-efficient hybrid electric vehicles and energy efficient appliances and products beginning in the tax year 2006. I promise you that many tax payers will overlook this deduction out of the mere fact that many are disorganized and uninformed. Sorry to be the bearer of bad news. However, the good news is that you don’t have to fall into that category. Note, this is a tax credit as opposed to a tax deduction.

“Namath Guarantees Victory” - That was the headline just prior to the 1969 Super Bowl in which the charismatic quarterback Joe Namath guaranteed a Super Bowl victory for the three touchdown underdog New York Jets. Well, the rest was history as the Jets won and fulfilled the guarantee of Joe Namath. So how does this relate to the financial records of individual and business matters. I’ll tell you how. I guarantee that any quality investment of time and money into getting your financial records organized will pay a return on investment far greater than that put into it.

Financial Prison!!! Wow, that is harsh. Ok, for certain people in certain circumstances, it becomes a viable financial tool. Otherwise, Run!! Here are my big six reasons to avoid interest-only loans.

The tax-effected rate of a 30 year fixed rate mortgage = Cheap Debt!!!!

Well, what is it that triggers an examination (audit) by the IRS? Ha, this ranks right up there with the secret formula for Coca Cola. Who knows? The IRS does not come right out and give the triggers. However, we can only draw conclusions based on our own experiences and those of other practioners.