Scott M. Penn, CPA, PC

Vacation and sick-day rules in light of the pandemic.

If you deal in Virtual Currency please take note.

Inheriting an IRA can cause a tax trap. Be careful.

Lower your 2021 tax bill! Here are some great ideas. And why not think about your debt decisions? When is debt good versus bad? You can even leverage mistakes the IRS finds in business audits.

Please be aware of these tax scams that the IRS calls "The Dirty Dozen"

The IRS is gearing up to increase their auditing practices. Get ready, they start July 15, 2021.

Find out more about Scott M. Penn, CPA! #ScottMPennCPA

The nanny tax surprises thousands every year. Here is what you need to know.

There are a lot of things in modern life that are not very much fun. Luckily, there is help for one of them.

Does your state follow the IRS's forgiveness of PPP Funds?

Please watch out for these tax scams.

If you efile tax returns for customers or for yourself. Be aware of this scam. Check me out at scottmpenncpa.com

The IRS is auditing self-employed individuals who take retirement expenses on their Schedule C instead of an adjustment to your adjusted gross income. I would make sure of where that expense was taken before you are selected for an audit. You can still amend the return to correct it. Check me out at scottmpenncpa.com

Here are some 2020 year-end tax tips. Check me out at scottmpenncpa.com

Here you go, this week's tax fraudster report. Check me out at scottmpenncpa.com

We are now providing bookkeeping and payroll processing services, as well as Virtual CFO, Cash Flow Monitoring, and a step by step plan you can follow to increase profits and cash flow, and a whole host of other business advisory services. #scottmpenncpa

With the setting of contribution limits to qualified retirement plans for 2021, now is a good time to plan for your upcoming retirement contributions.

As 2020 is coming to a close, here are four tax planning moves you should consider.

Another round of tax fraudsters. Check me out at scottmpenncpa.com

Do you have tax questions? Call Scott M. Penn at 760-948-2899 #scottmpenncpa

Here are 15 ideas that may reduce your tax bite for this year. But act soon as the year-end is fast approaching.

Turn your home office into a tax deduction. Also read about common IRS surprises, how to use depreciation to manage your business's profit margin and ideas to help your kids with virtual learning.