Here are 4 ways to Help Your CPA and Reduce Your Taxes: 1) Have a Year End Planning Meeting with Your CPA This meeting can be in person or over the phone, it really doesn’t matter. The only thing that…
Here are 4 ways to Help Your CPA and Reduce Your Taxes: 1) Have a Year End Planning Meeting with Your CPA This meeting can be in person or over the phone, it really doesn’t matter. The only thing that…
Form 709, is required to be filed if a gift is made to someone for more than $13,000 in one year. Gifts between spouses are not required to file. Gifts can be made to an unlimited number of people in…
The statute of limitations limits the time during which an action can be brought by the IRS for an audit and the time for IRS tax collection activities. Generally, there is a 3-year period for the IRS to give you…
It’s that time of year again….time to file your income tax return. What if you can’t get it done or don’t have all of your material to prepare it? File for an extension. To file an extension, complete Form 4868,…
Another year has gone by. It’s time to begin gathering my material for my taxes to be prepared. Then it dawned on you, why hasn’t my accountant called me to discuss some possible strategies? If these are questions you are…