Tag: CPA tax specialist
The IRS blended tax rate is the result of a provision in the Tax Cuts and Jobs Act (TCJA) in which a corporation with a fiscal year that includes…
Count on it. IRS red flag outliers trigger audits This new wave of IRS red flags, or “outliers” is the buzzword for items outside the norms of…
A reverse mortgage is a home equity conversion mortgage (HECM). It also provides a loan available to seniors 62 years or older, complete with closing…
QBI tax deduction? That means qualified business income. If you don’t take advantage of this deduction, the IRS will. In case QBI tax deduction…
Charitable contributions allow individuals to help and assist charities through the giving of their time, talents, goods, passion and money.…
Health savings account possibilities are one of the best things to happen to a taxpayer! Contribution limit changes were confusing enough to cause…
The baby bond gets two thumbs up from this CPA tax specialist! That’s the first thing I say when someone asks me about the government Baby Bond Bank…
If you receive a letter from the IRS, you’re probably going to have a knee-jerk, instinctual fight-or-flight reaction. Just calm down, back off from…
The 2018 tax season may not be what everybody thinks about in September, but as your CPA and tax specialist, you can bet I’m thinking about it all…