1099 form questions

Your 1099 Form Questions Answered: What They Are, Who Should Get Them, and More

If you are a business who utilizes the services of independent contractors, freelancers, or other non-employees, 1099 forms are likely already on your radar. The same is true if you are one of those independent contractors or freelance workers. But, as with many tax forms, 1099s can be confusing. Read on for answers to the.

letter from the IRS

Did You Get a Letter From the IRS? Don’t Panic: Here’s What You Should Do

Getting a letter from the IRS can strike fear into the heart of any taxpayer. But there’s no need to panic. These letters are extremely common: in fact, the IRS sends millions of letters to taxpayers each year, and for a wide variety of reasons.  Here’s what to do if the IRS sends you a.

Tax Refund

Has Your 2020 Tax Refund Been Delayed? You’re Not Alone. Here’s What You Need to Know

If you’re experiencing a delay in receiving your 2020 tax refund, you’re not the only one. While the normal processing time for an e-filed tax return is around 21 days (with many people seeing theirs sooner), right now some taxpayers are experiencing significant delays in receiving their refunds. There are many factors contributing to the.

What Is a 529 Plan, and What Are the Benefits of Investing In One?

The thought of saving for your child’s college education can be daunting. Higher education costs seem to rise more and more each year, and saving enough to send your child to college can feel like a steep mountain to climb. It can be difficult to know the best way to save or where to even.

Taxes and Your Mental Health: How to Handle Financial Stress

If money stresses you out, you’re not alone. A recent study by the American Psychological Association reported that money is a significant source of stress for 64% of American adults (and the percentage was even higher for people in lower income categories). Financial stress, if left unchecked, can wreak havoc on our mental and physical.

10 Ways I Can Help Your Business As Your CPA

10 Ways I Can Help Your Business As Your CPA

As a CPA, I can do more for your business than file your taxes. From tax planning and preparation services to business accounting and serving in a business advisory role, I am equipped to come alongside you to help your business thrive.  Accounting is all about interpreting information about a company’s finance and operations to.

2021 Tax Changes to Look Out For

Adjustments to federal tax brackets, deductions, credits, and more are not new—they happen every year. This year’s changes are small and are largely related to inflation, but regardless it’s important to be informed about them so you can make any necessary adjustments for next year’s taxes. Let’s take a look at the 2021 tax changes.

The Basics of Closing Your Books at Year-End

With the end of December around the corner, that means that, for most businesses, it’s time to close out the year’s books to get ready for the new year and 2020 tax season. Whether you do this yourself or have your accountant take care of it, it’s important to understand the basics of closing out.

Ways to Prepare for Year-End Taxes

Can you believe 2020 is almost over? The end of the year means it’s time to prepare for the upcoming tax season. With economic shifts due to the COVID-19 pandemic and tax changes related to COVID-19 stimulus packages, it is especially important to be well-prepared for your taxes this year. Let’s go over a few.

2020 school year taxes

2020 School Year Tax-Saving Tips for Parents

School looks a lot different for all of us this year. Whether you are sending your children to public or private school, doing in-class, hybrid, or distance learning, tackling homeschooling, or some combination of these options, most of us are in uncharted territory. Because of this, we thought it would be a good idea to.