Tax and Corporate Sponsorship
Tax and Corporate Sponsorship As business owners, we are usually involved with not-for-profits. And their mission is to raise money for... read more
7 Ways To Prepare For Tax Season
Tax season 2023 is almost upon us. According to the IRS, the 2023 eFile Tax Season starts in January 2023:... read more
Top 8 Mistakes On Tax Returns
Top 8 Mistakes On Tax Returns A typo or unintentional error can become a significant problem when you file a tax... read more
Know Your Tax Responsibilities During Bankruptcy
You need to know your federal tax obligations during Chapter 13 Bankruptcy. Know Your Tax Responsibilities During Bankruptcy. Chapter 13 bankruptcy... read more
Is It Really The IRS?
How to know it’s really the IRS calling or knocking on your door Many taxpayers have encountered individuals impersonating IRS officials... read more
This Isn’t a Tax Change
This isn't a tax change; it's a tax reporting change. If you're a gig worker, freelancer, or self-employed American, it might... read more
Tips to Reconstructing Records
Tips to Reconstructing Records. Do You Have Your Destroyed Records from the most recent disaster? The time and work recovering from... read more
Charitable Contributions and Taxes
Charitable Contributions and Taxes. If you give money or goods to a charity, you may be able to claim those... read more
6 Tips You Can Use To Lower Your Taxes in 2021
Here are 6 Tips You Can Use To Lower Your Taxes in 2021. Leverage pre-tax savings. Take advantage of opportunities to... read more
Tax Benefits for the Military
Tax Benefits for the Military - Members of the various military service branches may qualify for tax benefits not available... read more
Is it a Business or Hobby?
Jewelry making, baking cookies, teaching yoga, freelancer, and social media manager are a few home-based businesses that have become popular... read more
Have You Heard About “Ghost” Tax Preparers?
What is a Ghost” Tax Preparer? Some taxpayers are a bit savvier than the average person and take great pains in... read more
How To Correctly Loan Money
Cousin Freddy needs a quick loan, and you graciously say, "How much?" and later, you wonder, what have I gotten... read more
Rent Your Property Tax-Free!
Rent Your Property Tax-Free! Most income you receive is reported to the federal and state tax authorities as taxable income. However,... read more
Surprise! These Five Items Are Taxable.
Surprise! These five items are taxable. Of course, you already know that wages and self-employment earnings are taxable, but what... read more
A 2022 Tax Surprise!
A 2022 tax surprise… your tax liability may have increased. Check this out. For the past several years, your tax... read more
All Income Must Be Reported
Filing taxes? Then you must include all income in your tax preparation. Here is a partial list of the types of... read more
15 Year End Tax Tips
There are just 22 days left of 2021, and there is still some time left to consider these 15 Year-End... read more
7 Ways For Business Owners to Reduce Their Taxable Income
Taxes can be stressful for a business owner. You wear many hats, juggle many balls, and the last thing you... read more
Tax Moves to Make Before Year-End
Tax Moves to Make Before Year-End - Are you looking to try and reduce your taxable income? Here are some... read more
Why Do I need a Tax Strategy Session?
Why do I need a tax strategy session? A year-end tax planning meeting with your Enrolled Agent (EA) is a... read more
Employee Tax-Free Income
Most income received from your employer generally ends up on a W-2 tax form at year's end. However, some income... read more
Tax-loss harvesting, what the heck is that? Simply put, it is when you sell some investments at a loss to offset gains... read more
What is a Property Installment Sale?
Using an Installment Sale to Help Sell Real Estate and What to Look Out For You may be able to benefit... read more
9 Ways Realtors Can Reduce Their Tax Bill
Do you know the 9 ways realtors can reduce their income tax bill? Is the IRS a dreaded agency that... read more
What the Heck is Backup Withholding?
If you are a taxpayer receiving certain types of income payments, the IRS requires the payer of these payments to... read more
The 2021 Child Tax Credit Update
The 2021 Child Tax Credit Update - Important changes to the Child Tax Credit (CTC) will help many families get... read more
Adopting? You Might Benefit from This Special Tax Credit
Are you adopting? You just might benefit from this special credit. Here is some information you should know. What exactly... read more
The American Rescue Plan Passed!
The American Rescue Plan passed and will be signed into law at the end of the week. Here's a look... read more
Yes! These Things May Be Taxable
You already know that your wages are taxable. Here are some other things that may be taxable. 1. Scholarships - If... read more
Employee or an Independent Contractor?
Employee or an Independent Contractor, sometimes it's hard to tell. Are you an independent contractor or an employee? As the pandemic... read more
The IRS IP Pin Program is Open
The IRS IP Pin Program is Open! The IRS has expanded their pilot program that uses Identity Protection Personal Information Numbers... read more
Tax ID Theft. Don’t Be A Victim.
Tax ID Theft. Don’t Be A Victim. Here are 7 Tips to Reduce Your Chances of Becoming a Victim of... read more
It’s Your Salary!
It’s Your Salary so who decides how much your paycheck should be? You or the IRS? You are the business owner.... read more
Stay Out of Tax Trouble
Stay Out of Tax Trouble By Avoiding These 5 Common Tax Filing Mistakes Whether you file a simple 1040EZ or a... read more
Ten Tax Facts to Know If You’re Selling Your Home
Selling Your Home? Here are Ten Tax Facts to Know Generally, the gain from the sale of the house is... read more
Working From Home Best Practices
Tax Forms: How to Store Them, How to File Them and How to Reduce Your Liability Working from home can be... read more
Newly Retired? You could be in for a tax surprise?
You've worked your entire life. You’ve got your retirement all planned out. Your retirement savings accounts are where you wanted... read more
Takeaways on Coronavirus Tax Changes
In response to the coronavirus pandemic, the IRS has implemented numerous changes that go well beyond tax filing extensions and... read more
Families First Coronavirus Response Act
On March 18, 2020, the Families First Coronavirus Response Act was signed into law, marking the second major legislative initiative to address COVID-19.... read more
Paycheck Protection Program Overview
This article is an overview of the Payroll Protection Program or PPP, which is just one of the loans available... read more
Corona Disaster Loan Help
SFS Tax & Accounting Services has an update on financial help and the latest on the Corona COVID-19 drama with... read more
Hiring a Tax Preparer? Here are some tips…
Tax season is here, and you may be seeking someone new to prepare your tax return. However, remember that you,... read more
Unfiled Tax Returns – What to do?
I have unfiled tax returns. What should I do? Seven million taxpayers failed to file their taxes in 2014. Are you... read more
IRS Increases Tax Deductions for 2020
The IRS recently announced the list of increased tax deductions for 2020. The Internal Revenue Service recently issued its annual inflation... read more
IRS Increases 401K Contribution Limits for 2020
The IRS Increases 401K Contribution Limits for 2020. As part of its annual inflation adjustments, the Internal Revenue Service announced... read more
Is the Charity You are Donating to Legit?
One of the positive effects of donating (money) to a charity is simply feeling good about giving. Your ability to... read more
Resolve Your Back Taxes… 8 Reasons to Work with a Certified Tax Resolution Professional
Resolve Your Back Taxes…8 Reasons to Work with a Certified Tax Resolution Professional When you owe money to the IRS, it... read more
Five Federal Income Tax Breaks for Adult Students
Five Federal Income Tax Breaks for Adult Students Here are Five Federal Tax Breaks for Adult Students that could help you... read more
16 Life-Changing Events That Can Impact Your Taxes
Throughout your life, there will be certain significant occasions that will impact not only your day-to-day living but also your... read more
The Marriage Penalty Tax is Still Around
The marriage penalty is still alive and well. If you're changing your filing status in 2019 because of marriage, divorce, or... read more
Real Estate Agents: Updated List of Available Deductions
Real Estate Agents: Updated List of Available Deductions For busy real estate agents who manage their own finances, it can be... read more
Where’s My Tax Refund? The Myths…
Where’s My Tax Refund? Now that the April tax-filing deadline has come and gone, many taxpayers are eager to get details... read more
Tax Law Tips for Truckers in 2019
Tax Law Tips for Truckers in 2019 When President Trump signed the Tax Cuts and Jobs Act of 2017 it came under immediate... read more
10 Times When Only a Tax Professional Will Save You
10 Times When Only a Tax Professional Will Save You The Limitations of DIY Tax Preparation and How They Can... read more
The 2019 IRS “Dirty Dozen” List of Tax Scams
2019 “Dirty Dozen” List of Tax Scams The Internal Revenue Service wrapped up its annual "Dirty Dozen" list of tax scams.... read more
Bitcoin: Property You May Have Forgotten is Taxed
Even though Cryptocurrency was originally proclaimed anonymous, transactions today are transparent. Governments have observed surges of black-market trading using Crypto... read more
5 Tax Tips for the Self-Employed
Freelancers and independent contractors face unique challenges during tax season. Here are some quick tips to better manage the process... read more
What is the Earned Income Tax Credit? Do I Qualify?
What is the Earned Income Tax Credit? Do I Qualify? The Earned Income Tax Credit (EIC or EITC) is a refundable... read more
Tax Breaks for the Military Family
Tax Breaks for the Military Family There are certain tax breaks available to members of the U.S. military and their dependents: Sale... read more
Are you an Employee or Independent Contractor?
Here's Why You Need to Know Oftentimes, businesses are hiring employees and handing them 1099 Forms to save themselves money. They... read more
Homeowner Alert! Review Your Tax Forms
Homeowner Alert! Review Your Tax Forms New Tax Rules are Creating Confusion Tax laws are constantly changing. Many home-related tax rules... read more
How to Organize Your Business Documents
How to Organize Your Business Documents For even the smallest of businesses, getting organized involves a lot more than just tidying... read more
Reasons Why You Should Hire an EA
Reasons Why You Should Hire an EA Every year, millions of taxpayers decide to perform complex tax preparation by themselves and,... read more
Do I Qualify as Head of Household?
Do I Qualify as Head of Household? We know that selecting the correct status can get confusing. The Internal Revenue Code... read more
Are Your Cannabusiness Profits Going up in Smoke?
Are Your Cannabusiness Profits Going up in Smoke? With tax season starting, questions from both legal and illegal cannabis companies begin... read more
6 Ways to Get Your Tax Refund Faster
6 Ways to Get Your Tax Refund Faster As the tax filing season approaches, there are steps you can take now... read more
Small Businesses: Tax Act Changes
We’ve spent the last 10 months combing through the 100+ page Tax Cuts and Jobs Act (TCJA) of 2017. There... read more
4 Tips on Safely Donating Online
4 Tips on Safely Donating Online We live in very unsettling times — at least from the standpoint of cybersecurity. According... read more
Employers: New Tax Credit Benefits for Those Who Provide Paid Family and Medical Leave
The tax reform legislation enacted in December 2017 offers a new tax credit for employers who provide paid family and... read more
Understanding Income Tax Refund Loans and Back Taxes
Understanding Income Tax Refund Loans and Back Taxes Do you file your taxes electronically? If you do, and the government deposits... read more
Retirees Not Withholding Enough
Retirees Not Withholding Enough The IRS has announced that retirees may not be withholding enough for taxes this year. There were... read more
You’ve Asked About Crypto Tax
Is Crypto to Crypto Taxable? Crypto income is taxed differently. It mainly depends on whether you're buying and selling coins or mining them. All crypto... read more
9 Tax Deductions Every Real Estate Agent Should Know
9 Tax Deductions Every Real Estate Agent Should Know Tax season is coming up soon, and if you’re a real estate... read more
Tax Reform Brings Changes to Fringe Benefits that can Affect an Employer’s Bottom Line
Tax Reform Brings Changes to Fringe Benefits that can Affect an Employer’s Bottom Line The Tax Cuts and Jobs Act impacts... read more
Helping Taxpayers Understand Different Filing Statuses
Helping Taxpayers Understand Different Filing Statuses Getting ready for tax return season, but unsure of how to file? Married? How do... read more
Salvage Your Sunken Uncollectable Debt
Victims of reneged payment agreements might have a tax deduction Let’s face it – it’s always frustrating not being paid what... read more
Small Businesses: Tax Tips for the Freelancer
Small Business: Tax Tips for the Freelancer If you are an employee, you most likely pay little attention to your taxes... read more
IRS Extends Deadlines for Victims of Hurricane Michael
IRS Extends Deadlines for Victims of Hurricane Michael Hurricane Michael victims in parts of Florida and elsewhere now have until Feb.... read more
Do I Have to Pay Estimated Taxes?
Who Must Pay Estimated Taxes Do I have to pay estimated taxes? This is a normal question to ask, but it is... read more
Tax Breaks with an IRA
Tax Breaks with an IRA What is an IRA? Individual Retirement Arrangements – aka IRAs – are accounts into which someone can deposit money... read more
Clean Up Your (Tax) Act: Small Business Edition
Organizing Your Tax Documents Having a small business and filing your taxes is a whole lot different from filing personal taxes... read more
Clean Up Your (Tax) Act
Organizing Your Tax Documents Let’s be honest, sometimes we’re all a little messy and unorganized. Life was much easier as a kid,... read more
Crypto: The Basics
What is Cryptocurrency? A cryptocurrency (or crypto currency) is a medium of exchange using cryptography to secure the transactions and to... read more
Money Alert: Your Tax Checkup
Here’s something the public generally turns a blind eye towards… your yearly tax changes. Have you used the Tax Withholding... read more
How Does the Tax Cuts & Jobs Act Affect Small Businesses? Part Three: What it Means For Your Clients
In part one of this series, we covered how the Tax Cuts & Jobs Act affects you as a small... read more
Finally! A Tax Debt Resolution Option
AN OFFER IN COMPROMISE If you’re having trouble affording payments to the IRS to settle any outstanding debts, consider applying for... read more
A Plan a Day Keeps the IRS away: Back Taxes
The IRS is considered the most brutal collection agency on the planet – backed by the power of the federal... read more
Are You Making One of These Four Tax Mistakes?
The world of taxes is one big minefield to navigate. Unless you spend most of your waking hours studying it... read more
How Does the Tax Cuts & Jobs Act Affect Small Businesses? Part Two: Your Deductions
In part one of this three-part series, we looked at changes to the income tax rates and brackets. Income is only... read more
Top Five Tax Cuts and Jobs Act Tax Planning Opportunities for Individuals in 2018
Since folks have not filed a 2018 tax return, the new tax law passed late last year is largely a... read more
Attention Truckers: Tax Deadline Directly Ahead
Look out! We’re down to just five days to file Form 2290 (also known as the Heavy Highway Vehicle Use... read more
How Does the Tax Cuts & Jobs Act Affects Small Businesses? Part One: Your Income
The most sweeping change to tax law in decades was ushered in late in December of 2017. The Tax Cuts... read more
What’s new in the SFS Tax office – August 17
Today I am sharing a bit of "What's new in the SFS Tax office." We are pleased to announce that we... read more
Are You or Someone You Love Going to College?
Find Out About Tax Credits that Can Help Offset the Cost There is no doubt that the cost of college can... read more
Dog Days of Summer
That Means Extended Tax Deadlines are Coming! Give Yourself Time to Avoid These Common Mistakes Air conditioners everywhere are feeling the... read more
Helping Students… Or a Nasty Surprise?
Student Loan Forgiveness Can Create a Big Tax Debt. Student loan debt levels are out of control. Need proof? The class of... read more
Starting a New Business?
10 Things You Need to Know. To be in charge of your own destiny – that is the dream of many... read more
Thinking of Renting Your Home?
There are Tax Consequences. With the rise of Airbnb (along with hotel prices), it’s not a surprising trend. Homeowners looking to earn... read more
Suing Over SALT?
Could We See a Reversal of the SALT Deduction Cap?On July 17, four states filed suit against the federal government... read more
Are You a Favored Business?
The New 20% Pass-Through Deduction Can Make a Big Difference in Your Tax Bill. One of the winners from the... read more
Is it a Hot Dog, a Sandwich, or a Flying Superhero? National Hot Dog Day, Taxes & Life as We Know It
As we reflect on the ubiquitousness of hot dogs in American life – they are all over our sports stadiums,... read more
What is the “Sharing Economy” and Why Should I Care?
Ever thought about becoming an Uber driver part-time? How about renting out a spare bedroom in your home? Maybe offering... read more
Look Out! The Taxes are Coming…
Supreme Court Decision Opens the Door for State & Local Internet Sales TaxesThings are about to change in the realm... read more
Did You Owe Taxes this Year? You Need a Paycheck Checkup!
If you wrote a check to the IRS in April for 2017 taxes, there’s a good chance you could be... read more
It All Started with a Tea Party
It was probably cold the night of December 16, 1773. Three ships – the Beaver, the Dartmouth, and the Eleanor –... read more
It Can be Costly to Ignore 1099 Requirements
With changes and updates happening to the tax law continually, it can be hard to stay up-to-date. For business owners... read more
Say Goodbye to Unreimbursed Employee Expenses
Medical professionals paying out of pocket for their uniforms. Road warriors who don’t get the federal mileage rate from their... read more
Plan Now, Pay Less Later
What is Tax Planning and Why Do I Need It? The only constant is change. That applies just as much to... read more
3 Summer Financial Tips for Kids
Ahhh… summer! Enjoy a more relaxed schedule, warmer weather, backyard barbeques and sandy-yet-fun trips to the beach. In between all... read more
Do You Make Quarterly Tax Payments?
It's a Little Trickier This Year. Figuring out quarterly tax payments is a little more complicated this year. The Tax Cuts... read more
Senior Financial Fitness
What You Need to Know. It’s never too late to get financially fit. Here are some simple and painless ways to... read more
Standard Deduction & Child Tax Credit Doubles, Personal Exemptions Vanish
Part Two of What did the Tax Cuts & Jobs Act Do to My Income Tax? Standard Deduction & Child Tax... read more
What Did the Tax Cuts & Jobs Act do to My Income Tax?
Many changes were ushered in by the Tax Cuts & Jobs Act which passed in December 2017. Depending on your... read more
A Hurricane Tax Holiday. Many of us remember the wrath of Hurricane Irma last September. It seems like yesterday! It can... read more
Top 5 Ways Wine Helps with Your Taxes
In honor of National Wine Day, we’re counting down the ways that wine can help you when it comes to... read more
Tax Avoidance vs. Tax Evasion
Which One is Legal? (The IRS Said So) Everyone knows you’re supposed to pay your taxes. If you don’t, that’s illegal.... read more
All About Tips
All About Tips (The Kind You Give at Restaurants). An SFS Tax & Accounting Services Blog. This shouldn’t be news to... read more
New Twist on an Old Scam
IRS Warns of Crooks Directing Taxpayers to IRS.gov to "Verify" Calls. IRS scams are like cockroaches. You kill all you find, but... read more
Why do We Pay Taxes Anyway?
Why do We Pay Taxes Anyway? No one likes paying taxes. It’s easy to focus on that check you write to the... read more
It’s Not Just About April 15th
IRS Tax Deadlines Happen All Year Long. A lot of focus and attention is paid to April 15th (17th this year)... read more
Extra Time to FileTax Return
Everyone knows to file an extension if they need more time to prepare their tax returns. (Of course, you don’t... read more
Are You Taking Home Too Much Money?
Do a Paycheck Checkup and See If You Are You Taking Home Too Much Money The Tax Cuts and Jobs Act... read more
Watch Out for Ghosts…
Ghost Tax Preparers, That Is! The IRS has issued a warning against “ghost” tax return preparers. These phantom preparers do exist… and... read more
Top Five Tax Myths
Top Five Tax Myths and the truth. It doesn’t matter what your friend’s cousin’s co-worker said. When it comes to taxes,... read more
Rushing on Your Taxes?
The IRS Recommends Filing an Extension if You Need One. With about a week to go on filing your 2017 tax... read more
Can’t File Your Tax Return in Time?
Don’t Panic! Here’s What You Need to Know About Extensions. Life gets in our way sometimes. When those W-2s, 1099s, 1098s... read more
Hurry! $1.1 Billion in 2014 Tax Year Refunds Will Expire April 17
Did you forget to file your tax return for 2014? If so, you might want to. There is $1.1 billion... read more
Sold Your Home?
Here's What You Need to Know About Taxes. Congratulations on selling your home! After you break out the bubbly and toast... read more
Good News for the Sandwich Generation? Claiming Parents as Dependents
Mom and Dad are getting older. They may even be relying on you for support. That’s why it’s good to know... read more
Don’t Get Shocked with a 2018 Tax Bill
Get Your Paycheck Checkup Now! As we wind down on the 2017 tax season, there’s another one gearing up. The... read more
It’s Not too Late to Get Your Qualified IRA Contribution Deduction
It’s not too late! You have until April 17, 2018 to make a qualified IRA contribution to receive a 2017... read more
10 Tax Deductions that Border on Ridiculous
We all need a little humor during these dog days of the tax season. Each year, the Minnesota Society of Certified... read more
Owe Taxes but Can’t Pay? Here’s What to Do!
You can feel the pressure. The tax deadline is looming and you know you owe the IRS money. Problem is,... read more
Beware the Ides of March! The First Tax Return Deadline is Today
If only William Shakespeare could have traveled back in time to early 44 B.C. He would have been able to warn... read more
Death and taxes… and what you need to know
As you may or may not know, my younger sister recently passed away and Ali and I just returned from... read more
Corporate Due Dates… And spring (training) is in the air
Well, my friends, it is now March, and baseball spring training is back in full (ahem) swing. Not sure why... read more
Scammers Are Using Your Bank Account to Rob the IRS
Scammers Are Using Your Bank Account to Rob the IRS. Did you notice a large deposit in your checking account from... read more
What the Polar Bear can Teach us about the IRS
Today is International Polar Bear Day. In its honor, we are ruminating on how a polar bear is like the... read more
Scammers Continue to Target TurboTax Users in 2018
TurboTax users beware! That email asking you to take a look at your W-2 may be fake. People who use TurboTax... read more
Don’t Fall for These 5 Tax Refund Myths
It's tax time again! It's that time of year when those expecting a tax refund watch their bank accounts like... read more
Keep an eye out for the new W-2 Phishing Scam.
There are many people phishing in fraudulent waters trying to bait you. Business owners the W-2 scam has reared its... read more
This week it’s all about, me, Your Tax Professional
This week it’s All About, Me, Jeffrey Schneider, EA, CTRS, Your Tax Professional! I recently had the distinct honor of being selected... read more
Tax Cuts and Jobs Act of 2017 and What You Need to Know
Yep, it's Monday and not Thursday but last week was a busy one and I wanted to share this information... read more
Don’t knock yourself out!
Don't Knock Yourself Out! Get help from SFS Tax. In my last letter to you, my fellow Green Thumbers, I... read more
Post Halloween Scammers
Post Halloween Scammers Now that Halloween is over and the ghost and goblins costumes have gone back into storage, you need... read more
Everything You Need to Know… Hurricane Harvey and Irma Relief
Everything You Need to Know… Hurricane Harvey and Irma Relief As our communities work to recover from Hurricanes Harvey and Irma,... read more
IRS Offers Tax Filing Relief to Hurricane Irma Victims in Florida
IRS Offers Tax Filing Relief to Hurricane Irma Victims in Florida. SFS Tax & Accounting Services Helps Florida Affected Taxpayers. The... read more
What Does the Eclipse Have to do with Taxes!
What Does the Eclipse Have to do with Taxes! Eclipse Day is here! We are in Nashville, and they say it could feel like... read more
6 Tax Tips for Startup Businesses
6 Tax Tips for Startup Businesses Taxes are rarely the first thing an entrepreneur considers when they plan a new business.... read more
Understand Your Responsibilities
**Understand your responsibilities Settlement of a debt is not the end of the story. Creditors who forgive $600 or more of your... read more
The Top 3 Apps to Track Your Business Miles
The SFS Tax & Accounting Top 3 Apps to Track Your Business Miles… You need to keep a log if you... read more
Big Changes for the 2017 – 2018 FAFSA
Big Changes for the 2017 – 2018 FAFSA If you have a child beginning college or already enrolled in school you... read more
Are You Making This Common Mistake and Will it Hurt You at Tax Time?
Are You Making This Common Mistake and Will it Hurt You at Tax Time? Using your company credit card for personal... read more
SFS Offers Tips for Teenage Taxpayers with Summer Jobs
SFS Offers Tips for Teenage Taxpayers with Summer Jobs Summertime is here, and many students and teenagers get summer jobs to... read more
5 Overlooked Medical Tax Deductions?
Do You Know About These 5 Overlooked Medical Tax Deductions? It’s getting more and more difficult to claim medical tax deductions.... read more
Extension, procrastinator…Who me?
Extension, procrastinator…Who me? Are you one of those “wait till the very last minute” type of people” better known as a... read more
Another New Warning on a Scam!!
Yet Another New Warning on a Last-Minute Tax Scam!! It seems that we receive notices almost daily about new and more... read more
Beware the Ides of March
Beware the Ides of March William Shakespeare famously wrote “Beware the Ides of March” in the play Julius Caesar in 1599... read more
Using Tax Software is not a Substitute for an Enrolled Agent
Using Tax Software is not a Substitute for an Enrolled Agent The tax software companies want you to believe that their... read more
Can You Claim Your Parents as Dependents?
Can You Claim Your Parents as Dependents? With so many millennials moving back home with mom and dad, the question of... read more
Don’t Fall for Scam Calls and Emails Posing as IRS
Don’t Fall for Scam Calls and Emails Posing as IRS Scammers are continuing to use the IRS as a lure and... read more
How We Wound Up with the Income Tax
How We Wound Up with the Income Tax Imagine a world without income tax; if you were an American citizen before... read more
Filing Season Opens – with Possible Refund Delays
Filing Season Opens – with Possible Refund Delays Port St Lucie, Fl. — (January 23, 2017) Tax filing season for individuals... read more
Last-Minute Savings for Tax Year 2016
Last-Minute Savings for Tax Year 2016 Last-Minute Savings for Tax Year 2016 Attention last minute savers! There’s still time to reduce your... read more
Are you reporting ALL your income?
IRS Defines Income.. Are you reporting ALL your income? The Internal Revenue Code defines income as “…all income from whatever source... read more
I received a notice from the IRS… Now what?
I received a notice from the IRS… Now what? Receiving a notice in the mail from the IRS does not always... read more
Energy Credit Can Help You Trim Taxes
Energy Credit Can Help You Trim Taxes Energy bills too high? You can trim your taxes and save on those bills... read more
Tax Saving Strategies for Parents
Tax Saving Strategies for Parents Do you have kids? Children may help reduce the amount of taxes owed for the year.... read more
Tax Tips about Filing an Amended Tax Return
Tax Tips about Filing an Amended Tax Return We all make mistakes so don’t panic if you made one on your... read more
IRS Warns Taxpayers to Guard Against New Tricks by Scam Artists
IRS Warns Taxpayers to Guard Against New Tricks by Scam Artists Following the emergence of new variations of widespread tax scams,... read more
Tax Tips for Starting a Business
Tax Tips for Starting a Business When you start a business, a key to your success is to know your tax... read more
How To Prepare for a Tax Audit
How To Prepare for a Tax Audit By Jeff Wuorio For the Deseret News Published: Monday, April 13 2015 2:00 p.m. MDT April... read more
Warrior Pose — One way to help veterans with PTSD? Lots of yoga.
Warrior Pose — One way to help veterans with PTSD? Lots of yoga. Yes, we are a Tax & Accounting firm,... read more
REMINDER FROM YOUR LOCAL ENROLLED AGENT
REMINDER FROM YOUR LOCAL ENROLLED AGENT YOU NEED TO FILE ON TIME EVEN IF YOU CAN’T PAY Port St Lucie, Fl. (April... read more
The Individual Shared Responsibilty Provision
The Individual Shared Responsibilty Provision Just the Basics! The individual shared responsibility provision requires that you and each member of your family have qualifying... read more
Affordable Care Act Consumer Alert
Affordable Care Act Consumer Alert Choose Your Tax Preparer Wisely The IRS is urging taxpayers to choose their tax professional carefully as... read more
Small Business Health Care Tax Credit
Small Business Health Care Tax Credit Do you own or run a small business or tax-exempt group with fewer than 25... read more
Cover Charge: How the ACA Is Affecting Fees
Cover Charge: How the ACA Is Affecting Tax Prep Fees On March 6, Jeffrey Schneider, EA, NTPI Fellow was quoted in... read more
Top 10 Special Tax Benefits for Armed Forces
The Top 10 Special Tax Benefits for Armed Forces If you are a member of the U. S. Armed Forces, here... read more
Same-Sex Newlyweds Will Be Filing Tax Returns In A New Way
Same-Sex Newlyweds Will Be Filing Tax Returns In A New Way Washington, DC, (February 17, 2015) Despite Alabama Chief Justice Roy... read more
Check Credentials Before You Hire a Tax Pro
Before You Hire a Tax Pro, Check Credentials Port St Lucie, FL, February 23, 2015—Although you may not have received all... read more
Port St. Lucie Enrolled Agent is accepted into the ASTPS
Port St. Lucie Enrolled Agent is accepted into the ASTPS Jeffrey Schneider, EA, NTPI Fellow, a Port St. Lucie, EA has... read more
Eight Honored at the 2014 NAEA National Conference
Eight Honored at the 2014 NAEA National Conference - Port St Lucie Businessman Receives Education Award Washington, DC — (August 18,... read more
IRS Adopts “Taxpayer Bill of Rights”
IRS Adopts "Taxpayer Bill of Rights" The Internal Revenue Service has announced the adoption of a “Taxpayer Bill of Rights” that... read more
Largest Ever Phone Fraud Scam
IRS Warns Taxpayers Warn of “Largest Ever Phone Fraud Scam” The Treasury Inspector General for Tax Administration, J. Russell George, warned... read more
Telephone Tax Scams Increase
A sophisticated phone scam targeting taxpayers, including recent immigrants is on the rise throughout the country. Victims are told they owe... read more
Same-Sex Marriages Will Be Recognized
Treasury and IRS Announce That All Legal Same-Sex Marriages Will Be Recognized For Federal Tax Purposes The U.S. Department of the... read more
Payroll Tax Cut Extended to End of 2012
Payroll Tax Cut Extended to the End of 2012 The IRS released revised Form 941, enabling employers to properly report the newly-extended... read more
More Time to Contribute to IRAs in 2012
More Time to Contribute to IRAs in 2012 You have two extra days this year to make contributions to your Individual... read more
Health Insurance Tax Breaks for the Self-Employed
Health Insurance Tax Breaks for the Self-Employed If you’re self-employed and paying for medical, dental, or long-term care insurance, the IRS... read more