RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Apr 2021 09:00:00 -0500 Thu, 01 Apr 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 PPP Loan Deadline Extended Through May 31 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 Highlights of the American Rescue Plan Act Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 Federal Tax Deadline Extended To May 17 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 Economic Impact Payments: Round Three Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 Tax Breaks for Families With Children If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 Small Business Tax Roundup In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 Renting Out a Second Home Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 Capital Gains Tax on Sale of Stocks If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 Avoiding an IRS Tax Audit With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 Vehicle Expenses - Tax Planning Thoughts Pros and Cons of the Standard Mileage Rate versus the Actual Expenses deduction for Car and Truck Expenses Tax Planning Thoughts Wed, 11 Nov 2015 09:00:00 -0600 Charitable Contribution Rules Summarized Wed, 23 Sep 2015 09:00:00 -0500 2015 Virginia Sales Tax Holiday Notification of the 2015 Combined Sales Tax Holiday - August 7th thru August 9th, 2015 Mon, 03 Aug 2015 09:00:00 -0500 It's Time for your 2013 Tax Check Up! Mid Year Tax Tips for the 2013 Year Mon, 08 Jul 2013 09:00:00 -0500 Tips on Combining Business & Vacation Travel Expenses Guidelines for combining business and Vacation Travel expenses Thu, 16 May 2013 09:00:00 -0500 Highlights of the 2012 Tax Relief Act - For Individuals Highlights of the 2012 Taxpayer Relief Act for Individual Taxpayers Thu, 10 Jan 2013 09:00:00 -0600 CPA Roanoke, VA Tips: Protect Your Business with the Right Insurance Wed, 03 Oct 2012 09:00:00 -0500