by Tiffany Mellow | Dec 12, 2019 | General, Personal Accounting
I recently previewed the initial release of the 2019 income tax forms. Many of the forms have undergone design changes. There are new lines on existing forms, as well as several new forms that taxpayers may need to complete. For example: The most obvious change...
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 | Sep 20, 2018 | General
In the course of operating a tax practice, we sometimes find ourselves dealing with issues and situations that seem harmless or insignificant, but that are really landmines waiting to explode. As practice owners, we must set the standards of performance and adherence...
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,...
