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	<title>CPA Blog Talk</title>
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		<title>CPA Blog Talk</title>
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		<item>
		<title>Health care law scheduled to bring three key tax changes</title>
		<link>http://cpablogtalk.com/2012/05/25/health-care-law-scheduled-to-bring-three-key-tax-changes/</link>
		<comments>http://cpablogtalk.com/2012/05/25/health-care-law-scheduled-to-bring-three-key-tax-changes/#comments</comments>
		<pubDate>Fri, 25 May 2012 11:38:37 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[May 2012]]></category>
		<category><![CDATA[U.S. Supreme Court]]></category>
		<category><![CDATA[unreimbursed medical expenses]]></category>
		<category><![CDATA[Medicare surtax]]></category>
		<category><![CDATA[Patient Protection and Affordable Care Act]]></category>
		<category><![CDATA[Flexible spending accounts]]></category>
		<category><![CDATA[Medical deductions]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=804</guid>
		<description><![CDATA[The U.S. Supreme Court will soon issue its ruling on the health care legislation &#8212; the &#8220;Patient Protection and Affordable Care Act&#8221; &#8212; passed in 2010. Over half the individual states have challenged the constitutionality of the law that requires individuals to obtain minimum health insurance coverage and penalizes those who don&#8217;t comply. The law [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=804&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://cpablogtalk.com/2012/05/25/health-care-law-scheduled-to-bring-three-key-tax-changes/feed/</wfw:commentRss>
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			<media:title type="html">gillilandcpa</media:title>
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		<title>IRS announces business vehicle deduction limits for 2012</title>
		<link>http://cpablogtalk.com/2012/05/22/irs-announces-business-vehicle-deduction-limits-for-2012/</link>
		<comments>http://cpablogtalk.com/2012/05/22/irs-announces-business-vehicle-deduction-limits-for-2012/#comments</comments>
		<pubDate>Tue, 22 May 2012 11:28:02 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[May 2012]]></category>
		<category><![CDATA[business vehicle deductions]]></category>
		<category><![CDATA[business vehicle purchases]]></category>
		<category><![CDATA[depreciation limits]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=796</guid>
		<description><![CDATA[The IRS has published depreciation limits for business vehicles first placed in service this year. Because 50% bonus depreciation is allowed only for new vehicles, these limits are different for new and used vehicles. * For new business cars, the first-year limit is $11,160; for used cars, it&#8217;s $3,160. After year one, the limits are [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=796&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://cpablogtalk.com/2012/05/22/irs-announces-business-vehicle-deduction-limits-for-2012/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">gillilandcpa</media:title>
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		<title>Before the wedding, talk about your finances</title>
		<link>http://cpablogtalk.com/2012/05/18/before-the-wedding-talk-about-your-finances/</link>
		<comments>http://cpablogtalk.com/2012/05/18/before-the-wedding-talk-about-your-finances/#comments</comments>
		<pubDate>Fri, 18 May 2012 11:36:23 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[May 2012]]></category>
		<category><![CDATA[Finances]]></category>
		<category><![CDATA[financial planning]]></category>
		<category><![CDATA[marriage]]></category>
		<category><![CDATA[Premarital financial counseling]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=802</guid>
		<description><![CDATA[Spring and summer &#8212; the wedding season is upon us. Before walking down the aisle, take a minute to consider a serious matter. Couples often enter into marriage without ever having had a discussion about financial issues. As a result, they find themselves frequently arguing about money. If you are planning a wedding, here are [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=802&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>2012 Tax Freedom Day is April 17</title>
		<link>http://cpablogtalk.com/2012/05/15/2012-tax-freedom-day-is-april-17/</link>
		<comments>http://cpablogtalk.com/2012/05/15/2012-tax-freedom-day-is-april-17/#comments</comments>
		<pubDate>Tue, 15 May 2012 11:59:46 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[May 2012]]></category>
		<category><![CDATA[Tax Foundation]]></category>
		<category><![CDATA[Tax Freedom Day]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=794</guid>
		<description><![CDATA[According to the Tax Foundation, April 17, 2012, was not only the day 2011 tax returns were due, it also was Tax Freedom Day for 2012. That means Americans worked 107 days, from January 1 to April 17 to earn enough money to pay their federal, state, and local taxes for 2012. If the federal [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=794&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Tax questions after you file your tax return</title>
		<link>http://cpablogtalk.com/2012/05/11/tax-questions-after-you-file-your-tax-return/</link>
		<comments>http://cpablogtalk.com/2012/05/11/tax-questions-after-you-file-your-tax-return/#comments</comments>
		<pubDate>Fri, 11 May 2012 11:33:54 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[May 2012]]></category>
		<category><![CDATA[1040]]></category>
		<category><![CDATA[errors]]></category>
		<category><![CDATA[File]]></category>
		<category><![CDATA[refund status]]></category>
		<category><![CDATA[tax questions]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=800</guid>
		<description><![CDATA[Once you have filed your 2011 tax return, you may still have a few tax questions. The IRS provides these answers to commonly asked questions. * How can I check the status of my refund? You can go online to check on your refund. Go to www.irs.gov and click on &#8220;where&#8217;s my refund?&#8221; Or call [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=800&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://cpablogtalk.com/2012/05/11/tax-questions-after-you-file-your-tax-return/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">gillilandcpa</media:title>
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		<item>
		<title>Don&#8217;t forget the paperwork</title>
		<link>http://cpablogtalk.com/2012/05/08/dont-forget-the-paperwork/</link>
		<comments>http://cpablogtalk.com/2012/05/08/dont-forget-the-paperwork/#comments</comments>
		<pubDate>Tue, 08 May 2012 11:57:25 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[May 2012]]></category>
		<category><![CDATA[charity donations]]></category>
		<category><![CDATA[property value]]></category>
		<category><![CDATA[receipts]]></category>
		<category><![CDATA[tax-deductable]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=789</guid>
		<description><![CDATA[If spring cleaning has left you with items that you want to donate to charity, remember that donations of used clothing and household items must generally meet certain requirements to be tax-deductible. First, such items must be in &#8220;good used condition or better.&#8221; Second, a receipt from the charity is required. If the property is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=789&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://cpablogtalk.com/2012/05/08/dont-forget-the-paperwork/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">gillilandcpa</media:title>
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		<item>
		<title>Some tax facts&#8230;</title>
		<link>http://cpablogtalk.com/2012/05/04/irs-alerts-taxpayers-to-scams-involving-college-tax-credit/</link>
		<comments>http://cpablogtalk.com/2012/05/04/irs-alerts-taxpayers-to-scams-involving-college-tax-credit/#comments</comments>
		<pubDate>Fri, 04 May 2012 11:37:28 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[May 2012]]></category>
		<category><![CDATA[AGI]]></category>
		<category><![CDATA[tax law]]></category>
		<category><![CDATA[tax rate]]></category>
		<category><![CDATA[tax refund]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=779</guid>
		<description><![CDATA[* The Obama&#8217;s 2011 tax return reported adjusted gross income of $789,674. Their tax liability was $162,074, giving them an effective tax rate of 20.5%. * The average tax refund on returns filed for 2011 was $2,983. * For this tax filing season, the IRS had 5,000 fewer employees than it had a year ago. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=779&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://cpablogtalk.com/2012/05/04/irs-alerts-taxpayers-to-scams-involving-college-tax-credit/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">gillilandcpa</media:title>
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		<title>Understand the time value of money</title>
		<link>http://cpablogtalk.com/2012/05/01/understand-the-time-value-of-money/</link>
		<comments>http://cpablogtalk.com/2012/05/01/understand-the-time-value-of-money/#comments</comments>
		<pubDate>Tue, 01 May 2012 14:31:47 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[May 2012]]></category>
		<category><![CDATA[future value]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[present value]]></category>
		<category><![CDATA[time-value concepts]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=776</guid>
		<description><![CDATA[When making financial decisions, do you consider the time value of money? If you have a basic understanding of time-value concepts, you’ll be able to make better choices in many business and personal financial situations. * Here’s an example. Say you want to sell a piece of property for $10,000 cash. A potential buyer offers [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=776&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://cpablogtalk.com/2012/05/01/understand-the-time-value-of-money/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">gillilandcpa</media:title>
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		<title>Be smart with your tax refund</title>
		<link>http://cpablogtalk.com/2012/04/27/be-smart-with-your-tax-refund/</link>
		<comments>http://cpablogtalk.com/2012/04/27/be-smart-with-your-tax-refund/#comments</comments>
		<pubDate>Fri, 27 Apr 2012 11:30:16 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[April 2012]]></category>
		<category><![CDATA[estimated tax payments]]></category>
		<category><![CDATA[interest free loan]]></category>
		<category><![CDATA[tax refund]]></category>
		<category><![CDATA[withholding]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=771</guid>
		<description><![CDATA[Are you receiving a tax refund this year? No doubt you&#8217;ve already heard the standard admonishment about why you should not be giving the government an interest-free loan. Maybe you&#8217;ve decided to &#8220;do better&#8221; during 2012 by revising your withholding or estimated tax payments to reduce the amount of next year&#8217;s refund &#8212; or maybe [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=771&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://cpablogtalk.com/2012/04/27/be-smart-with-your-tax-refund/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">gillilandcpa</media:title>
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		<title>HSA limits increase for 2012</title>
		<link>http://cpablogtalk.com/2012/04/24/hsa-limits-increase-for-2012/</link>
		<comments>http://cpablogtalk.com/2012/04/24/hsa-limits-increase-for-2012/#comments</comments>
		<pubDate>Tue, 24 Apr 2012 11:30:47 +0000</pubDate>
		<dc:creator>gillilandcpa</dc:creator>
				<category><![CDATA[April 2012]]></category>
		<category><![CDATA[55 or older]]></category>
		<category><![CDATA[additional contributions]]></category>
		<category><![CDATA[HSA contribution]]></category>
		<category><![CDATA[pretax dollars]]></category>
		<category><![CDATA[tax free]]></category>

		<guid isPermaLink="false">http://cpablogtalk.com/?p=760</guid>
		<description><![CDATA[The amount you can set aside in a health savings account (HSA) in 2012 increased to $3,100 for an individual and to $6,250 for a family. If you’re 55 or older, you’re allowed an additional $1,000 contribution. HSAs permit taxpayers who have high deductible health insurance plans to set aside pretax dollars that can be [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=cpablogtalk.com&#038;blog=11595157&#038;post=760&#038;subd=gillilandcpa&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://cpablogtalk.com/2012/04/24/hsa-limits-increase-for-2012/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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