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Tax refunds mean extra money in most people’s pockets, but this does not necessarily mean this money should be blown on new shoes or a ritzy meal. Here are 5 smart(er) ways to spend your tax refund this year: 1. Pay off credit-card debt: Use your refund to pay off remaining balances on cards, and […]

Tax Day is the day individual income tax returns are due to the federal government. With the ratification of the 16th amendment in 1913, which authorizes Congress to tax all incomes, the first income tax was created and due on March 1st. This was later changed to April 15th in 1955. The date, however, is

Are you a 1099 employee and looking to save some money on your taxes? Depending on your job and work conditions, some of your working expenses could be deducted. For example, if you are a freelance marketer working from home, your wifi could be considered a work related expense. If you are a consultant that

Do you have unfiled taxes and don’t know what to do? This can be a scary moment when you fall behind on taxes, but a CPA can help you get back on track and in the good graces of the IRS. Here are some tips: • Start by gathering your records. It is necessary to

Do you think you need tax assistance from a CPA? Most CPA’s offer consultations to evaluate and guide your tax decisions in the following areas: • Form 1040 Federal Income Tax Return: Income Tax Return for Single and Joint Filers • Estimated Tax Payment calculations: Prepare for your tax payments so this is not a

In the simplest terms, an accountant is a person whose job is to keep or inspect financial accounts. For businesses, an accountant keeps track of the finances and profitability. The American Accounting Association defines accounting as “the process of identifying, measuring and communicating economic information to permit informed judgements and decisions by users of the

Are you in your 20s and confused by your taxes, debt repayments and other financial decisions? A CPA can file individual’s taxes for them and offer financial advice. Here is some information and advice to keep in mind to guarantee those in their 20s have the knowledge to succeed: Student Loans Repayment: Most individuals in

Are you having trouble with the IRS? A Certified Public Accountant can help, as no one is more qualified to prepare and correct tax returns. A CPA knows and understands the dealings of the IRS and can help you sort through your problems. They also have unlimited representation rights before the IRS on matters including:

We are always looking for ways to save time and resources when it comes to the financial aspects of our business. For small business owners, Quickbooks is a great tool to keep your records in order and stay up to date on all the necessary financial managing tools for your business. What is especially great,

Sure it is summer time, but so many people wait until January or February to start getting things ready for tax season which leads to confusion, frustration, and the missing of tons of information and data.   Preparing yourself for tax season should be a year round effort to really optimize your reporting and refund