When we review a return from a prior year, we are looking for ways to reduce taxable income in the current year without passing the burden to future years. Items we review are W-2’s, capital gain income/loss carryovers, business income & expenses, and retirement account opportunities. What can we review for you?
top of page
Search
Recent Posts
See AllJust a reminder from Pub 225 from IRS: Generally all crop insurance proceeds you receive as a result of physical damage or reduction of income must be reported in the year received. You can elect to p
12
IRS has reminded taxpayers who earn income and receive payment by credit card will be receiving a 1099-K if the transactions are over $600. The definition of what is taxable hasn't changed; however, d
34
Business owners buy and sell assets used in their business every year. There are many rules associated with each side of the transaction. However, a thorough review of what kind of assets purchased
65
bottom of page