Articles

Fake IRS Letters – What You Need To Know

Fake IRS Letters – What You Need To Know

Fake IRS Letters – What You Need To Know  You may have gotten a Robo or Live telephone call warning you that the IRS has issued a warrant for your arrest.  Most people are not falling for that scam anymore.  They know that the IRS will not call you until they have...
Quickbooks Online- Tips & Tricks

Quickbooks Online- Tips & Tricks

Quickbooks Online Tips & Tricks Quickbooks Online is one of the most well-known and trusted online accounting software products available on the market today. As of November 2018, Intuit reported over 3.5 million active subscribers. Below are some tips and tricks...
The IRS and Cryptocurrency: An Update

The IRS and Cryptocurrency: An Update

At end of July, the Internal Revenue Service (IRS) issued a news release stating that it will be issuing letters to taxpayers that have potentially not reported their cryptocurrency activity for past years. This action falls in line with the IRS’s stance to start...
How long should I keep records?

How long should I keep records?

This is an age old question for which there is no absolutely correct answer. There is no way to be exactly right, keeping something or destroying something each entails a certain amount of risk which no one can assume for you. Immediately below are my general...
Arizona Tax Credits 2019

Arizona Tax Credits 2019

Arizona provides tax credits for contributions made to various organizations. By making these donations you get a, dollar for dollar, credit on your Arizona state return.  For 2019 there was a small increase to the private school donation limits, but that was the only...