Where’s My Refund?
The popular Where’s My Refund feature on the IRS website allows you to see the status of your refund after filing your income tax return. What you should [...]
Understanding the Gift Giving Tax
In an effort to keep taxpayers from transferring wealth from one generation to the next tax-free, there are specific limits to the amount of gifts one [...]
Audit Target: The Sole Proprietor
Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of years the number one [...]
The Marriage Penalty is Alive and Well
Despite what you may think, the marriage penalty is still alive and well. Whether you’re changing your filing status in 2022 because of marriage, divorce or [...]
The Tax-Free Retirement Savings Option
If you are looking for tax-free income and more flexibility during retirement, perhaps you should look into investing in a Roth IRA. While Roth IRA contributions [...]
Three Tax Break Tips for Caregivers
If you’ve ever had to care for a sick, elderly or disabled person, you know it can be difficult financially as well as emotionally. A recent [...]
Great Tax Reduction Ideas
The tax code is about 75,000 pages long, so it’s not surprising there are many overlooked money-saving deductions hidden within it. And with the much higher [...]
You Can’t Deduct that Loss
You’ve loved dogs all your life so you decide to breed them and start a dog training business. Is this a business in the eyes of [...]
Your Most Important Defense Against an Audit
In a tax court decision, a judge ruled that a joint tax return not signed by both spouses is not a validly filed tax return.* This seems [...]
Understanding Contemporaneous Records
If you have problems getting to sleep at night and you turn to the IRS tax code for help, you might find some vocabulary that is [...]
Five Reasons Why the IRS Will Audit You
Each year, the IRS audits over 1 million tax returns. With agency resources shrinking, the IRS is more selective when choosing which tax returns to audit. [...]
Retirement Basics: Understanding Tax Efficiency
One of the basics when considering how to fund your retirement is to be as tax efficient with your income as possible. In 2022, income tax [...]
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Christine handles all my accounting for my business I would honestly recommend her to any one she goes above and beyond I completely trust her with all my business needs.
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