Checklists are handy for so many tasks, like moving, work action items and to-dos around the house. The same holds true for tax preparation. There are many items to consider as you compile your annual tax file, it’s easy to pass a category that might apply to you. This is where our pr
If you’re reading this, we hope it means you have some free time today, which means your 2015 taxes were complete and filed on time! But what we have come to know over time is that many people will make the deadline on time, but be completely stressed out from the process. If that’s y
February is a month focused on love. But let’s face it; the warm, fuzzy feelings probably don’t extend to your tax prep. And that’s OK! You can count on us to answer your questions or to prepare your income tax return for 2015. It’s what we L.O.V.E. to do! Leverage accounting experien
A New Year often brings changes to tax laws, and 2016 is no different. If you prepare your own taxes – either individual or business – it’s important to keep up with these changes. Having an awareness of new tax laws for the coming year can help you be better prepared to maximize your
Estimated tax payments are a great way to pre-pay your tax balance due, without incurring penalties. But we understand the process can be a little intimidating if you aren’t familiar with how it works. That’s where we come in! We can schedule a meeting at your convenience to review y
When it comes to withholding, too little is always worse than withholding too much. If you’re going to make an error, most people would rather overpay and get some money back rather than face a large tax bill at tax time. Even if you already set your withholding through your employer,
When talking about tax exempt statuses as they relate to non-profit organizations the first distinction that needs to be made is whether we are talking about a “non-profit” entity or a 501(c)(3) registered charitable organization. There are clear distinctions between the two when it c
When people establish an estate or designate a gift, they are doing so with good intentions. However, they may not always be informed about related tax consequences for the recipient. It’s important to know the dollar limitations and amounts that qualify as a tax-free gift, and when t
If you pay for child care, you know how costly it can be. That’s why it’s important to understand how the Child and Dependent Care Tax Credit can reduce the taxes you pay. Review these 10 facts from the IRS about this potential tax credit to see which ones might apply to you! Child ca