April 2020

Tax Savvy Moves to Consider During the Pandemic

This time during the pandemic is one of confusion and uncertainty for many taxpayers. However, considering a few changes during this time could save you money in the long run! On our latest “Tax Tip of the Week”, learn a few tax savvy moves to consider during the pandemic.

Debt Reduction May Be Your Best Investment

Investors are increasingly worried about the ups and downs of the stock market. If you’re worried about your investments and want to reduce your debts, you’re in luck. Debt reduction gives you a guaranteed rate of return!

Staff Spotlight – Tiffany Taft

Whether we’re planning an extravagant charity golf outing, a social outing with staff, or need help with office IT issues, office bills, or anything in between – Tiffany does it all! She’s the mastermind behind all of our big events, but also the butter that keeps our wheels turning in the office day to day! On this month’s “Staff Spotlight” we introduce, Tiffany Taft!

Ensure You Receive a Stimulus Payment

The IRS recently announced the launch of web sites for non-tax filers to register to receive their economic impact payment and a new Get My Payment tool. Here is what you need to know.

Key Coronavirus Tax Changes

In addition to filing delays and stimulus payments, the IRS is implementing many changes in response to the coronavirus pandemic. Read more on these major topics and how they may affect you and your family on this weeks tax tip!

Cash vs Accrual Reporting

When you start a business, you have many decisions to make. One of those is the method of accounting your business will use for reporting income and expenses on your tax return. It is an extremely important decision. With few exceptions, the method you choose can only be changed in the future with the IRS’s permission.

COVID-19 Stimulus Payments: What You Need To Know!

The Coronavirus Aid, Relief, and Economic Security (CARES) Act recently signed into law provides a one-time payment to individuals to help ease the economic strain caused by the coronavirus epidemic. Learn more about your stimulus payment and when to expect it on our latest blog post!

Parents, Children, & Taxes

Being a parent brings tremendous rewards, but also the challenge and responsibility of supporting and educating your child. Fortunately, the tax code has many ways to help ease a parent’s financial burden. Read more of the many ways that taxes can affect your decisions as a parent on our latest blog, “Parents, Children, & Taxes”!