Two Education Credits Help Taxpayers With College Expenses
September 20th, 2019
With school back in session, parents and students should remember to look into tax credits that can help reduce the cost of higher education. If you, your spouse or your dependents pay for higher education…
IRS automatically waives estimated tax penalty for eligible 2018 tax filers
August 23rd, 2019
The Internal Revenue Service is automatically waiving the estimated tax penalty for the more than 400,000 eligible taxpayers who already filed their 2018 federal income tax returns but did not claim the waiver. The IRS…
Time for a “Paycheck Checkup”
July 9th, 2019
The IRS encourages everyone to use the Withholding Calculator to perform a quick “paycheck checkup.” This is even more important following the recent changes to the tax law for 2018 and beyond. The Calculator will…
IRS alerts taxpayers: Scammers scheming around Oct. 15 deadline; Here’s what to do
October 2nd, 2018
IR-2018-193, Sept. 27, 2018 WASHINGTON — The Internal Revenue Service is reminding taxpayers to beware of criminals who continue using devious tactics to steal money and personal information from unsuspecting victims, especially as the fall…
How to avoid costly tax traps with inherited IRAs
October 23rd, 2017
By Liz Farr, CPA September 5, 2017 Over the next few decades, the Gen X and Millennial generations will be the recipients of one of the greatest wealth transfers in history. A portion of…
Ten Key Tax Facts about Home Sales
June 28th, 2016
In most cases, gains from sales are taxable. But did you know that if you sell your home, you may not have to pay taxes? Here are ten facts to keep in mind if you…
2nd Quarter 2014 Client Tax Letter
September 23rd, 2014
To our clients, We are pleased to share this newsletter with our clients. Please contact us to discuss your specific accounting and tax needs. Client Tax Letter_2014 2nd Quarter Kirk This CPA Client Tax Letter…
1st Quarter 2014 Client Tax Letter
December 18th, 2013
To our clients, We are pleased to share this newsletter with our clients. Please contact us to discuss your specific accounting and tax needs. Client Tax Letter_2014 1st Quarter Kirk This CPA Client Tax Letter…