January 12, 2020


Practicing CPAs are required to hold a license through their particular state. In order for the CPA to maintain this license, he or she must generally do two things: (1) complete a certain number of continuing education hours (for example, taking a course on...

November 20, 2019

Any deductible expense is useful because it reduces the amount of income subject to tax. But for individual taxpayers, deductions that can be claimed in arriving at adjusted gross income (AGI) — referred to as “above-the-line” deductions — are especially significant. B...

April 17, 2018

   The tax filing deadline is finally here. According to the IRS, roughly 20% of Americans wait until the last week to file. If you're one of those people who have been procrastinating, you have less than 24 hours.

You basically have two options...

April 10, 2018

The tax filing deadline is one week away. If the reason you havent filed is because you've been procrastinating, it's time to get moving.

Here are some advice to help speed the process along.

1. Double check your return for errors.

     If you've yet to file your tax...

April 3, 2018

    The first symptoms of Hay Fever always seem to set in the last few weeks of tax season, so forgive me if this sounds stuffy.  According to the Internal Revenue Service, "April 17 is the deadline for most taxpayers to file an extension and to pay taxes owed to avoid...

March 27, 2018

     Most employers are required to supply their employees with W-2 forms by Jan. 31, however, sometimes extenuating circumstances prevent that from happening. If this describes your situation, there's no need to panic. Here’s what the IRS instructs you to do:...

March 20, 2018

You don't have to file your state and federal income taxes until April 17 this year.  With that deadline less than a month away, roughly 60% of Americans have yet to file.  Apperently, we are a nation of procrastinators.

If you are one of those in the majority...

March 8, 2018

     The most commonly prescribed flawed tax advice is most often not given with any malicious intent. That being said, isn't the proverbial road to hell paved with good intentions? Let's go down that road and repair a few potholes you're likely to encounter....

March 1, 2018

     During tax season the IRS takes extra measure to warn citizens of the increased danger of Phishing.  If you aren't aware of what phishing is, the IRS defines it as " a scam typically carried out through unsolicited email and/or websites that pose as legitimate si...

February 20, 2018

       Are you expecting a income tax refund? Whether you have already filed or not, chances are like many Americans you are eager with anticipation. The grand question is, how should you use the money? Refund season is an exciting time that people look forward to ever...

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Why are 'above the line deductions' important?

November 20, 2019

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