So you think you have a rental property?
Bruce Andersen2024-02-10T05:55:00-08:00Five factors were identified by the Tax Court to help in this classification for rental property taxation. Many times a [...]
Form 3115 Repair Regs Brief
Bruce Andersen2024-02-10T05:55:00-08:0010/10 Rule for Small business relief from Repair Regulations The IRS provides relief from Form 3115 Repair regulations issued for [...]
IRS Operations During Government Shutdown
Bruce Andersen2024-02-10T05:55:00-08:00The following article was taken from the IRS website where it was originally published as IRS Operations During The Lapse In [...]
Improvements to Qualified Real Estate Property Can Be Written off in ONE YEAR!
Bruce Andersen2024-02-10T05:55:00-08:00Usually, the “Section 179” tax code provision is thought of with assets such as computers and equipment. But for the last [...]
A quick update on the status of the IRS and its collection activities
Theresa Stacy-Ryan2024-02-10T05:55:00-08:00The IRS has had its budget slashed by Congress, and has, among other things, tried to replace the revenue by [...]
5 Tips if Your Name Has Changed (IRS Tax Tips for 2013)
Theresa Stacy-Ryan2024-02-10T05:55:00-08:00This is information directly from the IRS. In summary, every name change needs to be told to the Social Security [...]
New Document Upload Feature for Existing Clients
Theresa Stacy-Ryan2024-02-10T05:55:00-08:00As we are always working to continually improve the logistics of collaborating and exchanging accounting files, records, and other documents [...]
Eight Facts on Penalties For Filing Late Tax Returns – Tax Year 2012
Bruce Andersen2024-02-10T05:55:21-08:00Eight Facts on Penalties For Filing Late Tax Returns - Tax Year 2012 When it comes to filing a tax return [...]