Insights from Your Trusted Financial Partner

  • Why Am I Getting A Letter From The IRS?

    Article Highlights: IRS Notices CP Series Notice Automated Notices Frequent Errors ID Theft Penalties and Interest What You Should Do What We Wil...
  • Restaurant Accounting: A Guide to Setting Your Business up for Success

    Operating a restaurant is a dream for many, but there’s a lot more to it than meets the eye. There are far more restaurants and food-related busin...
  • Raising Capital For Startups

    Creating a successful business requires a good idea combined with skill, talent, and ambition. But even if you have all of those elements, you may...
  • Things To Consider When Relocating

    Relocating? How to Do It with Taxes in Mind If you’re thinking about moving from your current locale, you’re not alone. Americans are on the move ...
  • Temporary Tax Break for Restaurants and Businesses

      Article Highlights: New Business Tax Break Restaurant Purchased Meals Qualifying Restaurants Take-out Meals Lavish Limitations Taxpayer Presenc...
  • Tax Deduction for Charity Auction Purchase

    Article Highlights: Purchase of Items at Charity Auction Auction Donor Appreciated Property Fair Market Value (FMV) Unrelated Use Contributions o...
  • Should You Pay Your Bills Early? Yes! Here's Why.

    If there’s anything we all learned from 2020, it’s that things can change in a heartbeat and that the unexpected can create real havoc. Though the...
  • IRS Resumes Collection and Enforcement Activities That Were Paused During Covid-19

      The IRS is reporting that it is resuming “certain collection and enforcement processes that had been suspended because of the coronavirus pandem...
  • IRS New Online Tool for Monthly Child Tax Credit Payments

    Article Highlights: Increased Child Tax Credit High Income Phaseout Advanced Payments Non-filer Credit Registration IRS Letters  Scam Awareness  ...
  • Tax Benefits for Families with Children and Low-Income Earners

    Article Highlights: Child and Dependent Care Credit Workers Can Set Aside More in a Dependent Care FSA Childless EITC Expanded   Changes Expandin...
  • Tax Rules On Renting Your Vacation Home

    Article Highlights: If You Don’t Rent Your Property If You Rent Your Property Rented Fewer Than 15 Days Personal Use Is Less Than the Greater of ...
  • Where's My Tax Refund?

    Article Highlights Slow Refunds COVID-19 Economic Impact Payments Recovery Rebates Unemployment Debacle Using 2019 Income to Compute 2020 EITC an...