2020 Mileage Rates Announced
Dear Fellow Taxpayers, Better late than never. On December 31, 2019, the IRS issued the standard mileage rates for 2020. The Internal... read more
Tax Law Changes That Affect Your Taxes
Dear Fellow Taxpayers, Tax law changes that can affect your 2018 0r 2019 taxes - On Friday, December 20th, a new... read more
Important RMD changes! The SECURE Act.
Hello, Fellow Taxpayers, This letter is Really Short and Sweet, and will most likely be my last email until the new... read more
The 2020 tax filing season is almost here
Hello fellow taxpayers,
October 25, 2019 - SFS is gearing up for the 2020 tax filing season.
The 2020 tax filing season... read moreSocial Security Annual Update and Increase
Hello, Fellow Taxpayers, October 18, 2019 - The Social Security Administration has announced the following changes for 2020. Please feel free... read more
Mark your calendar – October 7,2019
Hello Fellow Taxpayers, Although this email is a little off schedule, I thought it was best to get this to you... read more
Is certified mail the way to go?
Hello Fellow Taxpayers,
September 6, 2019 - Is certified mail the way to go?
My instruction letter to our clients recommends that... read moreIRS Tax Withholding Estimator – August 30, 2019
Hello Fellow Taxpayers, For those of you who wait with great anticipation for my weekly emails, I am sorry that I... read more
Rental Property – August 15, 2019
Hello fellow taxpayers, This week I am going to provide some information regarding rental property or rentals. The subject has recently... read more
Questions and Answers from Clients – June 14, 2019
Hello Taxpayers, As you read this, I am attending an event in Orlando. Many of you know that I travel for... read more
RIP Rainbow Dave – May 24, 2019
Hello Fellow Taxpayers,
I hope you have some fun plans for this weekend’s Memorial Day. Unfortunately, a good friend of the... read moreTax Tip….RMD & QCD! – May 10, 2019
Hello Fellow Taxpayers,
Ali, Marissa and I are in LA attending our mastermind meeting in LA. However, I want to share... read moreNew IRS Notice? – May 3, 2019
Hello Fellow Taxpayers,
This week, I was in DC attending the IRS Advisory Council meetings. My fellow members and I, work... read moreForming New Companies – April 26, 2019
Hello Fellow Taxpayers.
The tax season crunch is over, at least for now. Next week I am starting my travels to... read moreWhat makes a lease a lease? – April 19, 2019
What can get truly ugly, my fellow taxpayers? A tax surprise!
Arthur E. Boyce claimed a $28,749 Section 179 deduction for... read moreUntil We Meet Again… – April 12, 2019
Hello, My Fellow Taxpayers, I am writing this email during a brief lull in my last-minute craziness. There are only a... read more
Extension – March 29, 2019
Hello Fellow Taxpayers, April 15th is only 18 days away and your tax return is due by midnight on the 15th. Just... read more
Conclave – March 23, 2019
Hello Fellow Taxpayers,
Even if you are not a college basketball fan, you may have noticed that the NCAA is starting... read moreForeign Account?? – March 14, 2019
Hello Fellow Taxpayers,
Over the past few days, a couple of situations occurred that I want to share with you. This... read moreWhat’s in a name?- March 8, 2019
Hello Fellow Taxpayers,
Have you ever gone to a restaurant and ordered a Coke, but the server said that they only... read moreCryptoCurrency – March 1 2019
Morning Fellow Taxpayers,
I was going to write about Triple Net leases and how they generally don't qualify for the 20%... read more8.4%?? – February 22, 2019
Hello fellow taxpayers
8.4%!!! What does this mean? If you have been listening to the news recently, all the pundits and the... read more1099? – February 15 2018
Hello Taxpayers!
Over the past week or so, several new clients have come in. Each handed me ONE 1099-MISC. This form... read more“GOAT”- Best EA- February 5, 2019
Hello Fellow Taxpayers,
Well, the GOAT has done it again. Though it was not the best played Super Bowl of all... read more199 Cap A- February 1 2019
Hello fellow taxpayers.
This is a short, LOL! but very important email. I am repeatedly asked about the 199 Cap A by... read morePatriots & Ram’s, Oh My!- January 25, 2019
Howdy folks,
Ali is home-bound and recovering. She saw her doctor on Tuesday for a post-op, and all is going according... read moreThe medical deduction man- January 18, 2019
Hello Fellow Taxpayers, I want to thank all of those who expressed well wishes when Ali went for shoulder replacement surgery... read more
Tax Season – January 10, 2018
Tax Season is upon us
Hello, followers of my weekly email. I have missed the past couple of weekly communications. I... read morePassport Problem- December 21, 2018
Hello my friends.
By the time you see this, Ali and I will be starting the last day of our cruise.... read moreMexico Bound- December 14 2018 letter
Happy Friday, my friends. Sorry that I missed an email last week. I am sure that you are all so disappointed. I... read more
Traveling- November 30, 2018
Hello, my friends, After a full week back in the office I can truly say that I loved having 4 days... read more
Thanksgiving- November 23, 2018
Hello, my friends, It's Friday morning, and you are all probably bursting from all the food that you “stuffed” yourselves with... read more
Patience- November 16, 2018
Hello my friends, Patience. Weren't we taught as a child that patience is a virtue? I am sitting at the airport in... read more
Family- November 8, 2018
Hello my friends, The elections are finally over which means the annoying ads and bad mouthing will stop. Well, maybe. Of... read more
Maternity Leave- November 2, 2018
Hello my friends,
Owning a business comes with a mass of responsibilities including awareness and understanding of all the new tax... read moreEducation- October 26, 2018
Hello my friends,
The dictionary defines education (noun) as: "Education is the process of acquiring the body of knowledge and skills that... read moreProcrastinator- October 19, 2018
Hello, fellow taxpayers,
Tax season 2018 is finally over!! (with the deadline for the extended returns being this past Monday, October... read more“Cyber-Safe” October 12, 2018
Hello, fellow computer users,
I was recently on a refresher webinar about cybersecurity regarding what must be done to secure our... read moreGo Yankees!- October 5, 2018
Hello, my fellow taxpayers,
I am writing this email on Thursday night, while I watch the Yankees play the A's. Right... read moreFall is here! September 28, 2018
Hello, my fellow taxpayers, Now that it is officially Fall (actually, it began on the 21st), Autumn, or the Autumnal Equinox... read more
Crypto- September 21, 2018
Dear Fellow Taxpayers,
Cryptocurrency, virtual currency, bitcoin, etherium. What do these terms mean? They are part of the new world of paying for... read moreHurricanes and Taxes, Oh Joy!
Hello, Fellow Floridians (and those that are not).
We hope that all of our friends, family, business associates that live or... read moreMeet our new staff member Sam!
Good Afternoon to All,
It has been a short week and I just returned from attending IRSAC meetings in Washington D.C.... read moreTax deadline coming up, do you have to file?
Hello Clients, Friends and Business Associates,
I am here in my office this entire week, can you believe it? This email is... read moreIRC §199A- August 10th
Hi, my friends, I am still alive and kicking. Why do I say that? It is because I have been in... read more
Ramblin’ Man- July 27
Hi Folks, "Lord, I was born a ramblin' man Tryin' to make a livin' and doin' the best I can And when it's... read more
Education- July 20th
Hi Folks, As many of you know from chatting with me, or you have read my posts on social media, I... read more
Tax Form Updates- July 13th
Hi Folks, It's Monday, and I am watching the Yankees get beat up in the make-up game against the Orioles. I have... read more
Independence Day- July 6th
To My Fellow Taxpaying Americans, As I write this email, I am watching the Yankees play the Braves. The read more
“Postcard” Tax Return- June 28
Hi Folks,
As I am 40,212 feet, just north of Savannah Georgia, traveling home from Bow, Washington, through Seattle with a... read moreEnrolled Agents- June 22
Hello folks, As you all know, I am an Enrolled Agent and very proud of that fact. I am also a member... read more
Marriage June 1, 2018
Hi Folks, As I was reviewing the newsletter that you received yesterday, it prompted the topic for my weekly email. The... read more
Always Traveling….and Jeff’s big ask!
Hi Folks, As most of you know, after tax season and a few days of well-deserved R&R I traveled to DC... read more
HSA- May 3, 2018
Hi Folks, I am here in DC for the Internal Revenue Service Advisory Council (IRSAC) meetings. Even in my travels, I... read more
End of Tax Season- April 19, 2018
Hello to all, Tax day has come and gone. I am at home recharging my batteries and energizing my brain after... read more
Paycheck Checkup- April 12, 2018
Hello Fellow Taxpayers, The Tax Cuts and Jobs Act made major changes to the tax law. Because of this, you should... read more
Tax Beak?- April 5, 2018
Hello Fellow Taxpayers, I am taking a short break to share some information with you that could affect your tax return. “I... read more
Missing PoPo- March 29, 2018
Hello Fellow Taxpayers, This will be a very brief email. Ali and I want to thank you for the heartfelt wishes everyone... read more
Between Appointments- March 22, 2018
Hello All, What Does Jeff do between tax appointments? Provided by the "current" staff at SFS Tax & Accounting Services… It’s 26 days... read more
FOF?!?- March 15, 2018
Hello Ali, Happy Ides of March! Julius Cesar’s last act was not to heed the warnings of his impending assassination that was... read more
Death and Taxes- March 8, 2018
Hello All, As you may or may not know, my younger sister recently passed away. Ali and I just returned from... read more
Spring is in the Air- March 1, 2018
Hello All, Well, my friends, it is now March, and baseball spring training is back in full (ahem) swing. Not sure... read more
Persistence- February 22, 2018
Hello All, Have you ever started a project that seemed to go smoothly and quickly, then it hits a snag?... read more
Feeling the Love- February 15, 2018
Hello All,
I hope you had a great St. Valentine’s Day and enjoyed a meal in a nice restaurant. Ali and... read moreFull Tax Season Mode
Hello All, February 8, 2018 - Welcome to tax season, 2018. I finally recovered from a sore back which I believe was... read more