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In addition to the personal stress it can cause, failing to file your taxes for many years can lead to serious consequences, not only with the IRS, but with other agencies that require you to show tax returns. This... Continue Reading
Supply Chain Radio Now Podcast Episode 269 "Innovation Trends in Manufacturing: Aaron Meredith with Point A Center for Supply Chain Innovation"We are so excited to announce that we are a new partner in... Continue Reading
With a new year upon us, you may be thinking of things like New Year's resolutions and dreams you've had year after year. One big dream that a lot of people have is starting a business. Deciding to start your own... Continue Reading
If you receive an audit notice from the IRS, do not panic. Just breathe! Read the letter in its entirety to see what they are auditing. In many cases, it's a great idea to hire a tax representation professional to... Continue Reading
After years of saving for retirement, it's time to start using those savings-even if you don't really need to. Once you reach 70 ½ years old, you must begin taking annual distributions from your qualified... Continue Reading
The Tax Cuts and Jobs Act of 2018 changed both the type of mortgage interest that can be deducted as well as the amount of interest that can be deducted. Acquisition Debt vs. Equity Debt Acquisition Debt is... Continue Reading
There are many tax scams out there with the purpose of stealing your identity, stealing your money, or filing fraudulent tax returns using your private information. Tax scammers work year-round, not just during tax... Continue Reading
As your tax professional, we may be asking you additional questions next year that are required by the Tax Cuts and Jobs Act. Tax preparers must collect new information from clients who qualify for any of the... Continue Reading
Complying with FBAR: Foreign Bank and Financial Accounts If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust,... Continue Reading
