03 Jan When Should You Start Gathering Your Tax Documents?
The New Year means a new tax season. Have you started gathering those tax documents yet? Read here to learn when you should start collecting them....
Accountant Tag
02 Jun We’re Moving: Visit Us at Our New Location
We're moving! Beginning June 6, be sure to visit us at our new office in Provo. You can contact us using the same phone numbers if you have any questions....
27 Apr Filing Taxes for a Deceased Loved One
Are you responsible for filing a deceased loved one’s last tax return? Read this article from The Accounting Guys to learn a few things you should be aware of. ...
11 Feb New IRS Form: What Is Letter 6419 and Why Do You Need It?
Most people know what forms to expect from the IRS each year, but this tax season, you’ll probably be getting a brand-new tax form in the mail. It’s called Letter 6419, and it’s important that you hang onto it, along with all your other tax...
18 Oct How You Can Benefit from Professional Tax Planning Services
Many people take a passive approach to taxes: You fill out your return, pay what you owe (or collect your refund), then do the exact same thing again next year. However, this reactive strategy can result in you paying thousands more in taxes over the...
05 Aug What an Increased Tax Enforcement Push Could Mean for You
Recently, the IRS has begun hiring thousands of new tax auditors in preparation for a serious increase in tax enforcement. The push began back in June, with President Biden’s $579 billion infrastructure plan gaining headway in the Senate. Though the increased IRS enforcement was dropped...
22 Feb What You Should Know about Deducting Energy Efficiency Upgrades
The Tax Cuts and Jobs Act introduced a few years ago began a steady decrease in the deductible amount for renewable energy and other home efficiency upgrades. Now, most of those deductions and credits will be going away at the end of this year, if...
18 Jan What Businesses Should Know about Getting a 2nd PPP Loan
The second round of COVID relief funding was approved just before the New Year, and most individuals have already received their second stimulus checks. But if you’re a business owner, getting your second round of funding isn’t quite as easy. You must go through the...
18 Nov Can You Deduct Business Expenses If You Took a PPP Loan?
The Paycheck Protection Program (PPP) was a central part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was passed in March of this year. It provided loans to help keep businesses afloat, which could be entirely forgiven, so long as they met...
15 Oct PPP Loan Forgiveness Just Got Easier for Many Small Businesses
While many were holding out hope for a new COVID-19 stimulus package, that doesn’t seem to be coming any time soon. In response to this, the Small Business Administration (SBA) and the Treasury Department have offered their own sort of relief for small businesses seeking...
