Yikes! You Have a Large Refund- Good news, that is sometimes not so good
For some reason, some believe it is better to receive than give when it comes to filing taxes. While that [...]
April 2021
March 2021
Income the IRS Can’t Touch
Yes Virginia, there is a Santa Claus. There is also a lot of income that the IRS does not tax. [...]
ALERT! 2020 Tax Date Delay AND Unemployment Income Now Tax Free- What you need to know
A surprise tax break for those with unemployment income is retroactively applied to 2020. Plus a delay in tax filing [...]
Tax Return Review Hints
Prior to e-filing or mailing your tax return, you will want to spend some time reviewing your information for accuracy. [...]
Defending Fair Market Value
Determining the value of items on your tax return is always open to interpretation. You do not want that to [...]
February 2021
Review Your Social Security Earnings Report
You are the only one that can confirm the accuracy of your Social Security earnings record. Without timely correction of [...]
Understanding Tax Terms: AFRs
The IRS often sees the transfer of funds as a loan, whether there is a loan agreement or not. This [...]
Oops! I Wish I Knew That.
There are a few areas within the tax code that can cause an unpleasant surprise when encountered. Thankfully they do [...]
IRS Identity Theft Program NOW OPEN!- New one-time use PIN option available for all
After a long pilot program, the IRS is making its identity theft PIN program available to all taxpayers. Here is [...]
January 2021
Alert: Look for New 1099 NEC- Your 1099’s are coming soon
So many 1099's. How do you keep them all straight? Here is a quick review of the most common 1099's [...]