by Matt Engelmann | Apr 25, 2020 | Uncategorized
Do you have a voucher to pay your 2019 tax return, but you would prefer to do it electronically online? Here is how to do it: Federal Direct Pay Link: https://www.irs.gov/payments/direct-pay Instructions: 1.) Click the blue “Make a Payment” button. 2.) On...
by Matt Engelmann | Sep 17, 2019 | Uncategorized
Make the RMD from Your Traditional IRA Tax-Free Once you turn age 70 1/2, the tax code mandates that you withdraw a tax code–defined required minimum distribution (RMD) from your traditional IRA. But by using the RMD or other IRA distribution with a qualified...
by Matt Engelmann | Sep 17, 2019 | Uncategorized
Creating More Business Meal Tax Deductions After the TCJA Here’s good news for business meals: the Tax Cuts and Jobs Act (TCJA) removed the “directly related and associated with” requirements from business meals. The net effect of this change is to subject business...
by Matt Engelmann | Sep 17, 2019 | Uncategorized
Act Fast to Claim a 30 Percent Tax Credit for Residential Solar Panels Here’s a heads-up. The 30 percent residential solar credit drops to 26 percent for tax year 2020,drops to 22 percent for tax year 2021, andterminates in 2022. Also, unlike the 30 percent commercial...
by Matt Engelmann | May 14, 2019 | Uncategorized
We offer profit harvesting automation for our monthly accounting clients at no extra fee. You may be wondering – what is “Profit Harvesting Automation?” Here are the answers: 1.) What is Profit Harvesting Automation (PHA)? We listen to your needs and...
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