Tax Preparation

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Gear Up for Tax Season – Are You Ready for Tax Filing?

If you have a small business, are bank accounts reconciled?  Are year-end credit card account and loan balances correct?  Do you have W-9 forms from individuals that received a payment of $600 or more for services provided to you? Is your tax appointment scheduled?  These are all things to start…

January 13, 2020

The New Kiddie Tax Rules

Big changes are happening to the kiddie tax for the years 2018-2025. The Tax Cuts & Jobs Act repealed the kiddie tax policy and replaced the tax rates applicable on dependents’ unearned income with the same rates that apply to trusts and estates. Unearned income includes taxable interest, ordinary…

January 14, 2019