by allsaints | Sep 9, 2021 | Business Accounting, Personal Taxes
The IRS is backlogged in many of their processing functions, and it is causing serious problems for many of our clients. Some taxpayers still have not received their 2020 refunds for returns they filed back in April. Others are having their 2020 refunds reduced but...
by Tiffany Mellow | Dec 30, 2019 | Personal Tax Deductions
The end of the year is drawing close and we are getting many calls for ideas on how to save on 2019 income taxes. Not every idea below may apply to your situation, but the following moves collectively could save you significant tax dollars! Parents may qualify for...
by Tiffany Mellow | Nov 21, 2019 | Business Taxes, Personal Taxes
This week I attended a two-day seminar on the new tax laws taking effect for 2019. The sheer number of changes is a little overwhelming. There are new reporting requirements for anyone who files Head of Household status. There is also an expanded due diligence...
by Tiffany Mellow | Oct 4, 2018 | Personal Accounting, Personal Tax Deductions, Personal Taxes
Every year at tax time, we encounter a variety of situations relating to divorced spouses claiming their children. In prior years, there were various ways used to justify who claimed which child. Sometimes the spouses agreed who claimed who and sometimes they didn’t....
by Tiffany Mellow | Aug 23, 2018 | Business Taxes, General, Non-Profit Taxes, Personal Taxes
This week our area has been hit with an increased number of tax-related scam telephone calls. They are starting to sound much more realistic than similar scams in prior years. Usually the caller will identify themselves as a member of an enforcement division of either...
by Tiffany Mellow | Jul 25, 2018 | Business Taxes, Non-Profit Taxes, Personal Taxes
Last week I spent three fantastic days at the IRS Nationwide Tax Forum! Many new tax laws and changes to the tax forms are slated for the next filing season. The amount of new information, procedural changes and tax form modifications discussed was at times,...
