“Why should my tax preparer be an EA?”
In today’s ever-changing world of tax and identity fraud, it is more important than ever that you, the taxpayer, know who is handling your personal information. Your tax preparer knows everything the identity thieves want to know about you – your Social Security Number, Date of Birth, Bank Account Number, and possibly more. So what […]
Q&A Segment for September 29
As promised, I am posting some questions that I have recently received from current clients and random phone calls/emails and my answer to them. Gifts: I’ve been getting quite a few questions from current clients and phone calls regarding gifts. I suppose we are coming to that time of year again. So here is what […]
What is an Enrolled Agent Anyway?
Enrolled Agents, abbreviated as EA, also known as America’s Tax Experts ®, specialize in U.S. tax law and the tax code. The most common services provided by EA’s are preparing tax returns for individuals and businesses, advising clients of tax consequences to specific life events and/or situations, and representing clients before all administrative levels of the IRS and state taxing authority. […]
Equifax Data Breach
As a result of the Equifax data breach that occurred on September 7, 2017, if you suspect tax-related identity theft has occurred with your personal information, it is imperative to complete and file Form 14039 with the IRS. Tax-related identity theft occurs when someone files a false tax return using your SSN to obtain a […]
Identity Theft Update
Most recent statistics indicate the IRS has seen a drop of identity theft cases reported in 2017 by individual taxpayers. While these latest statistics are encouraging, it is still important to be diligent with your personal information, especially while online. Identity theft remains on the top of the IRS list of the dirty dozen tax […]
Why Now is a Good Time for Tax Planning
As the dog days of summer are here, please take a moment to cool off, relax, & enjoy our attached brochure of 2017 Tax Changes. Click here – 2017 Tax Changes As 2017 begins to wrap up, now is a good time to review your tax situation. Tax planning before year-end is important because you […]
A Good Reminder of Business vs. Hobby Activities
The following court case is a reminder for us all to look at the activities of our business and ask ourselves – is it really business or could it be considered a hobby? Film Festival Activity Was a Hobby: The taxpayer was the sole member of an LLC that organized film festivals at colleges and universities. He didn’t create […]
Happy 4th of July Weekend!
Have a Very Happy & Safe 4th of July Weekend! Please also be considerate of those whose ears are sensitive to fireworks. July 5 Is The Busiest Day of the Year for U.S. Animal Shelters
I have a Blog!
Thank you for coming to my blog! Remember to check back each week for new posts and updates. The primary focus of my blog will be to provide tax and accounting updates, information, and answer questions, as well as provide education on what exactly an IRS Enrolled Agent is and why it is so important that your […]