News, Tax & Accounting Resources
The Importance of Partnering with a Tax Expert if the IRS Comes Knocking
Responding to a letter from the IRS or a tx audit by yourself is not the same as fixing a leaky faucet or changing your oil. Here are reasons to partner with a tax professional as soon as you receive a letter from the IRS: IRS auditors do this for a living – you...
Do You Need to Re-Evaluate Your Tax Planning?
Events that might cause changes requiring a tax planning session. Situations in your life can change your taxes with little to no warning. Here are several events where you may need to schedule a tax planning session: Getting Married or Divorced? You could get hit...
Protecting Your Digital Footprint
In today's digital age, it's impossible to avoid the internet. Be ever so mindful that there is information about you in some corner of the web. The use of a smart phone increases the chances for your information landing on the dark side. Here are some ideas to help...
Tax Quiz – Is It Taxable?
The IRS always seems to have a surprise for the unsuspecting taxpayer. As the 2023 tax season comes to an end, here's a True or False quiz to test your knowledge of what's taxable. Scholarships are never taxable. False. If you get scholarship money to cover tuition,...
Important Steps to Consider When Interest Rates Change
A domino effect occurs each time the Federal Reserve changes interest rates. An increase leads to higher rates for consumers when they borrow, while paving the way to better returns for savings accounts. On the flip side, a decrease results in paying less interest...