Blog

Jun 15, 2012

Just reading that line on your schedule A may already throw red flags in your mind: "Miscellaneous Expenses." "Just what in the world is that?" you may ask. No, it's not the cost of miscellaneous... Read more >

Category: Taxes

May 23, 2012

The other day we had a client come into our office for a consultation. One of his questions concerned the taxability of photography services, as he was opening a photography business. He’d... Read more >

Category: Bookkeeping

Apr 15, 2012

As another tax season winds down to a close, we look back at it with great amazement. We ask ourselves how it was possible to go through it so smoothly, so efficiently. To service all clients... Read more >

Category: Taxes

Mar 30, 2012

Medical expenses are funny in that you REALLY have to have been sick in order to MAYBE get a deduction. Why maybe? Because you have to jump a couple of hurdles to see any benefits, per the... Read more >

Category: Taxes

Feb 1, 2012

Okay, any of you who has come into, or called, our office so far this year knows that tax season is in full swing already. Kudos to Mr. Larry and Mrs. Alma for making it look so easy. Even though... Read more >

Category: Taxes

Jan 12, 2012

We are still getting calls regarding the Citizen's Tax Credit. Basically, the answer for the 2011 credit is: yes, you will get your credit if you bring us a copy of the homeowner's insurance... Read more >

Category: Taxes

Jan 12, 2012

Tax season runs from around the middle of January to the middle of April every year. During that time, our office is much busier than usual. In addition to income taxes, we also prepare monthly... Read more >

Category: Taxes

Dec 21, 2011

I know that this may seem a little self-promoting, but I want to let you know the reasons as to why you should consider having an outside bookkeeping service, such as ours, handle your accounting... Read more >

Category: Bookkeeping

Dec 6, 2011

As our business client, we want to keep you well informed. This time we want to talk about proof of income. We want to focus on how to prove it to the IRS auditor. The mission of the IRS auditor... Read more >

Category: Bookkeeping

Dec 6, 2011

December is a most wonderful month. First of all, the Christmas holiday season is in full swing, people seem to be nicer to each other (most of the time!), most of us send and receive letters &... Read more >

Category: Taxes

Nov 28, 2011

As the tax filing season nears, we always get at least 2 calls every single day from clients who want to know what to bring to their tax appointment. We’ve always mailed the list below to all... Read more >

Category: Taxes

Nov 23, 2011

This is a bit off topic from the exciting taxes we usually deal with around here, but it is pertinent: Black Friday. We want to remind all our clients that shopping on "Black Friday" could be a... Read more >

Category: Bookkeeping

Nov 10, 2011

The recent asteroid “flyby” has us thinking about casualty losses. When you hear someone has suffered a casualty or that one has occurred somewhere, our brain immediately conjures images that... Read more >

Category: Taxes

Oct 26, 2011

As our business client, we want to share some information we received from the local IRS office regarding what they accept as verification of cash payments for goods and services that you pay to... Read more >

Category: Bookkeeping

Sep 3, 2011

As I have told you, in 2010, the IRS made it mandatory that tax preparers electronically file all personal tax returns. They have reaped the savings in the form of reduced personnel costs that are... Read more >

Category: Taxes