taxes

July 13, 2020 | Andrea Sarralde

Julio 15 es la Fecha Limite para Declarar sus Impuestos

¿Recuerda cuando tenía todo ese tiempo extra, tres meses completos para ser exactos, para hacer sus impuestos? Bueno, ahora sólo le quedan dos días. Los plazos de impuestos estatales y federales son el 15 de julio. Debido a la pandemia de COVID-19, los plazos de pago de impuestos sobre la renta se extendieron del 15 […]

Read more

July 8, 2020 | Jordan Lindsay

For Tax Filing Procrastinators, Deadline Quickly Approaching

Remember when you had all that extra time – three whole months to be exact – to do your taxes? Well now you’ve only got one week left. State and federal tax deadlines are approaching on July 15. Due to the COVID-19 pandemic, income tax payment deadlines were extended from April 15 to July 15. […]

Read more

June 29, 2020 | Juanita Farmer, CPA

Blog: Facts About Capital Gains and Losses

When you sell a capital asset such as a home, household furnishings, and stocks and bonds held in a personal account, the difference between the amount you paid for the asset and its sales price is known as a capital gain or capital loss. Here are ten facts you should know about how gains and […]

Read more

June 15, 2020 | Juanita Farmer, CPA

Blog: Preparing an Effective Business Plan

A business plan is a valuable tool whether you’re seeking additional financing for an existing business, starting a new company, or analyzing a new market. Think of it as your blueprint for success. Not only will it clarify your business vision and goals, but it will also force you to gain a thorough understanding of […]

Read more

June 9, 2020 | Juanita Farmer, CPA

Blog: Pass on Wealth to Heirs Using These Strategies

Individuals with significant assets who want to transfer wealth to heirs tax-free, as well as minimize estate taxes, should take advantage of proven tax strategies such as gifting and direct payments to educational institutions; however low interest rates and a volatile stock market are creating additional opportunities. Let’s take a look at some of the […]

Read more

May 23, 2020 | Juanita Farmer, CPA

Blog: Ready to File? This Tax Records Checklist Will Help

If you’re a taxpayer who has not yet filed their 2019 tax return, you may be getting ready to do so now. One of the first things you will need to do – before visiting your tax preparer – is to gather all of your year-end income documents. Doing so ensures that your tax return […]

Read more

May 13, 2020 | Juanita Farmer, CPA

BLOG: Small Business: Tax Consequences of Crowdfunding

With the onset of the coronavirus pandemic, crowdfunding websites such as Kickstarter and GoFundMe have become an increasingly popular way for small business owners to stay afloat. The upside is that it’s often possible to raise the cash you need; the downside is that the IRS considers that money taxable income. Let’s take a closer […]

Read more

April 29, 2020 | Juanita Farmer, CPA

BLOG: Relief for Other Coronavirus-related Tax Issues

Relief for taxpayers facing the challenges of COVID-19-related tax issues is now available through the IRS People First initiative. The projected start date will be April 1 and the effort will initially run through July 15, 2020. During this period, to the maximum extent possible, in-person contact will be avoided; however, the IRS will continue […]

Read more

April 21, 2020 | Juanita Farmer, CPA

BLOG: Watch Out for Coronavirus-related Scams

Taxpayers should be on the lookout for calls and email phishing attempts regarding the Coronavirus, or COVID-19 that could lead to tax-related fraud and identity theft. Because criminals take every opportunity to perpetrate a fraud on unsuspecting victims during times of need, taxpayers should also be skeptical about text messages received and websites and social […]

Read more

April 13, 2020 | Juanita Farmer, CPA

CARES Act: Information for Individual Taxpayers

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, the stimulus bill that was signed into law on March 27, 2020, contains legislation to stabilize the economy during the coronavirus pandemic. These measures include economic recovery checks for taxpayers, as well as several other tax provisions affecting individuals. Let’s take a look at a few […]

Read more

Engage us on Facebook

Follow us on Twitter