September 3, 2022September 3, 2022Tax Planning Tax planning checklist personal income tax planning checklist Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
May 31, 2022May 31, 2022IRS, Tax Planning, Taxes Noncash charitable donations A snapshot of #tax issues related to large non-cash charitable deductions: – Taxpayers can avoid paying income tax on up to half […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
April 26, 2022April 26, 2022Accounting, Financial Planning, Tax Planning Four personal reflections at the end of tax season One week past the most demanding tax deadline of the year and I’ve caught up with the most urgent post-season demands, and […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
April 25, 2022April 25, 2022Accounting, Tax Planning The snarky CPA’s Guide to High Income Tax Planning How do you reduce your income taxes after you’ve exhausted all the usual middle income tax planning possibilities? Ignore anything published online […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
April 4, 2022Ethics, Tax Planning, Taxes, Values How we handle tax fraud I wrote this comment tonight to a young Enrolled Agent struggling with a client committing tax fraud who described herself as naïve […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
March 29, 2022March 29, 2022Tax Planning America Competes Act could bring tax changes America Competes Act is not intended as tax reform legislation. Yet some tax advisers are talking about the impact it could have […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
March 13, 2022March 13, 2022Tax Planning, Tax problem, Taxes Top 10 IRS audit triggers and what you should do about it if you are at risk Here are the top 10 IRS tax audit triggers, as compiled and published by The Wall Street Journal1 on March 5, 2022:1. […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
February 5, 2022February 5, 2022Tax Planning Tax changes are not real I find myself in the unfamiliar position of saying “It’s not real!” to the wide range of voices talking about the ‘Biden […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
February 4, 2022February 4, 2022News and Politics, Tax Planning, Taxes Review of Biden administration tax policy progress after one year in office The Biden administration proposed two major themes in its tax reform agenda. These were widely promoted during the campaign and then heavily […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...
January 16, 2022January 17, 2022Accounting, Small Business, Tax Planning Simple overview of tax options for LLCs If you operate a business as a Limited Liability Company (LLC), the. you have some choice in how to have your business […] Share this:FacebookLinkedInTwitterEmailLike this:Like Loading...