Are you choosing the best tax preparer?

It is in the taxpayer’s best interest to choose a tax preparer that best suits their needs. After all, responsibility does fall on the taxpayer for the information disclosed on their tax return, not the tax preparer. There is a large assortment of tax preparers available to assist you with your 2020 taxes, but are …

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A wish list for a tax preparer

A wish list for a tax preparer – what is that, you might wonder? Well, it is sort of like a Christmas list during tax season. Here are some of the things that are on my list, and might be on the list of any tax preparer, in case you are in a giving mood: …

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Angst, tax preparer style

So, I have had a fairly productive week, as far as life goes in the tax return preparation business. I have checked some accounting and moved along those tasks to tax return preparation, I have checked some returns, I have answered questions on a couple of tax returns, I have conferred with associates on a …

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Don’t Fall Victim to these Tax Scams!

Each year, the IRS updates their “Dirty Dozen” list of tax scams to watch out for during the filing season. The list highlights the most common scams that taxpayers have dealt with during the previous year. #1 – Identity Theft Tax-related identity theft occurs when someone uses your stolen Social Security Number (SSN) to file …

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Do You Know and Trust Your Accountant?

What do you look for in a CPA? Knowledge of tax codes? Professionalism? Business advice? Personality? Wait, what? Did that last one throw you for a loop? It may seem odd to include personality on the list, but it is actually important. Think about it. People like doing business with people they like. Do you …

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Mid-Year Tax Planning Tips

Summer is the perfect time to begin your year-end tax planning so that you have time to identify the strategy (or strategies) that work for you and implement them well before year end. Try to avoid the new 3.8% net investment income tax (NIIT). It only affects higher-income individuals, but that can include anyone who …

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