askcpas.com RSS Feed https://askcpas.com/ Take a look at our recent blog posts and client newsletter articles. en-us Wed, 01 Sep 2021 09:00:00 -0500 Wed, 01 Sep 2021 09:00:00 -0500 What Is a Designated Roth Account? https://www.askcpas.com/newsletter.php#2 If you are a high-income earner who participates in a 401(k), 403(b), or governmental 457(b) retirement plan that has a designated Roth account, making contributions to that account could be a smart move. Wed, 01 Sep 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#2 Verifying Your Identity When Calling the IRS https://www.askcpas.com/newsletter.php#4 If you need to contact the IRS, you will be asked to verify your identity. Here's what you need to know before you call. Wed, 01 Sep 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#4 Tax Rules for Divorce and Alimony Payments https://www.askcpas.com/newsletter.php#5 Tax rules regarding divorce and separation can and do change - as they recently did under tax reform - and the last thing on anyone's mind during a divorce or separation is its effect on their tax situation. Wed, 01 Sep 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#5 Tax Relief for Those Affected by Natural Disasters https://www.askcpas.com/newsletter.php#1 Tax relief may be available if you've been affected by a natural disaster this year, but only if you meet certain conditions. Wed, 01 Sep 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#1 Six Things To Know Before You Start a Business https://www.askcpas.com/newsletter.php#3 Starting your own business is an exciting prospect, but there is more to it than simply writing a business plan. Wed, 01 Sep 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#3 Which Educator Expenses Are Tax Deductible? https://www.askcpas.com/newsletter.php#4 Teachers and other educators should remember that they can deduct certain unreimbursed expenses such as classroom supplies, training, and travel on their tax returns to reduce the amount of tax owed. Sun, 01 Aug 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#4 Retirement Plan Options for Small Businesses https://www.askcpas.com/newsletter.php#5 Employer-sponsored retirement plans are a key component of retirement savings. If you're like many small business owners in the United States, you may be considering the various retirement plan options available for your company. Sun, 01 Aug 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#5 Opting Out of the Monthly Child Tax Credit Payment https://www.askcpas.com/newsletter.php#2 While many families will benefit from the extra money deposited into their bank accounts, some may want to opt out and instead take the Child Tax Credit when they file their tax return next spring. Sun, 01 Aug 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#2 Minimizing Capital Gains Tax on Sale of a Home https://www.askcpas.com/newsletter.php#3 Learn how to avoid capital gains tax and why home improvements that qualify for the residential energy property credit can make a difference when selling your home. Sun, 01 Aug 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#3 Key Tax Changes Could Affect Your Tax Situation in 2021 https://www.askcpas.com/newsletter.php#1 Key tax provisions in the American Rescue Plan Act of 2021 could affect your tax situation. Here's what you need to know. Sun, 01 Aug 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#1 Property Lien Scam https://askcpas.com/blog.php?id=22 Thu, 26 Sep 2019 09:00:00 -0500 https://askcpas.com/blog.php?id=22 Summertime IRS Tax Tips https://askcpas.com/blog.php?id=21 Wed, 10 Jul 2019 09:00:00 -0500 https://askcpas.com/blog.php?id=21 Tax Reform Changes https://askcpas.com/blog.php?id=20 Wed, 20 Mar 2019 09:00:00 -0500 https://askcpas.com/blog.php?id=20 Check your paychecks https://askcpas.com/blog.php?id=19 Fri, 15 Mar 2019 09:00:00 -0500 https://askcpas.com/blog.php?id=19 Choosing tax preparers https://askcpas.com/blog.php?id=18 Wed, 13 Mar 2019 09:00:00 -0500 https://askcpas.com/blog.php?id=18 Avoiding phone scams this tax season https://askcpas.com/blog.php?id=17 Fri, 08 Mar 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=17 How a name change affects your tax return https://askcpas.com/blog.php?id=16 Thu, 07 Mar 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=16 Be prepared before contacting the IRS https://askcpas.com/blog.php?id=15 Wed, 06 Mar 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=15 Taxpayers who turned 70 1/2 during 2018 must begin receiving retirement plan payments https://askcpas.com/blog.php?id=14 Tue, 05 Mar 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=14 Taxpayer tips to minimize data theft https://askcpas.com/blog.php?id=13 Mon, 04 Mar 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=13 Checking your refund status https://askcpas.com/blog.php?id=12 Mon, 04 Mar 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=12 Tax Help https://askcpas.com/blog.php?id=11 Thu, 31 Jan 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=11 IRS Waives Estimated Tax Penalty https://askcpas.com/blog.php?id=10 Fri, 18 Jan 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=10 Form 1099-G Available for Tax Preparation https://askcpas.com/blog.php?id=9 Wed, 09 Jan 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=9 https://askcpas.com/blog.php?id=8 Tue, 08 Jan 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=8 New Limits for Important Things https://askcpas.com/blog.php?id=7 Fri, 04 Jan 2019 09:00:00 -0600 https://askcpas.com/blog.php?id=7 Thank you! https://askcpas.com/blog.php?id=6 Fri, 28 Dec 2018 09:00:00 -0600 https://askcpas.com/blog.php?id=6 Determining Who Qualifies ... Part 2 https://askcpas.com/blog.php?id=5 Now that we?ve determined what qualifies a child to be your qualifying child, let?s look at the four part test that determines who is a qualifying relative Mon, 27 Feb 2017 09:00:00 -0600 https://askcpas.com/blog.php?id=5 Determining Who Qualifies as a Dependent .... Part 1 of 2 https://askcpas.com/blog.php?id=4 Mon, 16 Jan 2017 09:00:00 -0600 https://askcpas.com/blog.php?id=4 Loan or Gift? https://askcpas.com/blog.php?id=3 Is this a loan or a gift? - The question every taxpayer must ask themselves before parting with a portion of their well-earned cash to a friend, relative, or that random hobo off the street. Tue, 06 Dec 2016 09:00:00 -0600 https://askcpas.com/blog.php?id=3