RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Sat, 01 May 2021 09:00:00 -0500 Sat, 01 May 2021 09:00:00 -0500 Tax Withholding for Seasonal and Part-Time Employees Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Sat, 01 May 2021 09:00:00 -0500 Tax Return Tips for Last-Minute Filers If you've been procrastinating about filing your tax return this year, here are some tips that might help. Sat, 01 May 2021 09:00:00 -0500 Saving for Education: Understanding 529 Plans Section 529 plans are an excellent way to save for your child's education and can be used for pre-college and vocational education expenses as well as college. Sat, 01 May 2021 09:00:00 -0500 Deducting Business-Related Car Expenses If you're self-employed and use your car for business, you can deduct certain business-related car expenses. Sat, 01 May 2021 09:00:00 -0500 Avoiding Tax Surprises When Retiring Overseas Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications because not all retirement destinations are created equal. Sat, 01 May 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 PPP Loan Deadline Extended Through May 31 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 Highlights of the American Rescue Plan Act Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 Federal Tax Deadline Extended To May 17 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 Economic Impact Payments: Round Three Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 CARES Act Updates: Changes in Required Minimum Distributions (RMD), Taxes Owed on Unemployment Benefits, and EIDL Tax-Free Grant/Loans Still Available Wed, 08 Jul 2020 09:00:00 -0500 Additional tax law changes in 2018 Wed, 28 Feb 2018 03:00:00 -0600 Protect Yourself Against Tax Refund Theft Thu, 08 Feb 2018 03:00:00 -0600 2018 NEW TAX LAW Tax Cuts and Jobs Act of 2017 Fri, 26 Jan 2018 03:00:00 -0600 Protect Your Identity Protect yourself from identity theft! Sat, 01 Apr 2017 04:00:00 -0500 UNEXPECTED TAX LIABILITIES & PENALTIES Do you unexpectedly owe thousands of more dollars to the IRS? Read here to see how to avoid these penalties. Thu, 07 Apr 2016 04:00:00 -0500 The Mount Carmel Foundation: Brain on Fire Our CPA recently was a sponsor for the Mount Carmel Foundation event, Brain on Fire, an evening with Susannah Cahalan. Tue, 29 Mar 2016 04:00:00 -0500 Charitable Donations TAX TIP: Charitable donations are tax deductible and can reduce your tax burden significantly. Recently we were honored to support the Otterbein Golf Team in Scottsdale, Az. Thu, 24 Mar 2016 04:00:00 -0500 DO NOT FAIL TO TIMELY FILE YOUR 2015 TAX RETURN BY APRIL 18th If you have not filed your 2015 tax returns, we urge you to ASAP! If a return is late there can be penalties! Tue, 15 Mar 2016 04:00:00 -0500 Some IRA Benefits To Consider Wed, 02 Mar 2016 03:00:00 -0600 HAVE YOU ADJUSTED YOUR 401(K) CONTRIBUTIONS FROM LAST YEAR? The 401(K) plan is "the best thing since sliced bread!" You'll wish you had done more! Thu, 18 Feb 2016 03:00:00 -0600 Tax Fraud, Why You Might Be A High Risk! Getting Fake IRS Phone Calls? Hang Up! IRS never contacts taxpayers by phone. Don't fall for this and listen to some tips to avoid tax fraud. Thu, 11 Feb 2016 03:00:00 -0600 Health Savings Pot of Gold Advantages of Health Saving Accounts Thu, 28 Jan 2016 03:00:00 -0600 Save Time and Money! Mon, 25 Jan 2016 03:00:00 -0600 Tax Organization Tips Wed, 13 Jan 2016 03:00:00 -0600