Certified Public Accountant

An IRS Tool If You Are E-Filing Your Tax Return

An IRS Tool If You Are E-Filing Your Tax Return

You can get much of the needed information by using tools from the Internal Revenue Service (IRS). The run-up to (and the few days after) Presidents Day are the busiest time of the year for the IRS. It can take over an hour to get through to the IRS by calling if you get through at all. The online tools are faster and more convenient.

What Congress Might Do On Taxes Before Christmas

What Congress Might Do On Taxes Before Christmas

While the extension of the individual provisions is a big lift and the outlook is very uncertain (with the received wisdom being that this will be put-off until down the road when the provisions are closer to expiring – 2025) – the possibilities of passing retirement provisions and the bill on start-ups has possibilities for this year in lameduck.  The Senate is interested – particularly on retirement.

September: It's Not Too Soon For Taxes

September: It's Not Too Soon For Taxes

With the April 15 tax-filing deadline still months away, it may seem early to consider taxes, but when it comes to reducing your tax bill, starting early makes eminent sense. Too often tax planning is delayed until very late in the year or until we complete our tax returns. By then it is often too late to take corrective action.