The Taxation Experts CPA & IRS Enrolled Agent

The federal credit for the purchase and installation costs of a residential solar-power system has been extended for two years through 2023.

The Taxation Experts Certified Public Accountants has the motivation you need to get going this Monday.

The Consolidated Appropriations Act, 2021 liberalized the interaction between PPP loans and the Employee Retention Credit. Watch this video to learn more.

The Taxation Experts Certified Public Accountants has a fun tax fact to share with you.

The Employee Retention Credit has been extended through June 30, 2021, and significantly liberalized.

After several months of the Republicans and Democrats bickering, they have finally passed COVID-related tax relief and the President has signed the bill.

The Taxation Experts Certified Public Accountants - Some Monday Motivation for our friends and colleagues.

After months of political bickering, Congress is finally passing a new COVID relief bill. Watch this video for a summary of what you can expect from this relief package.

For low- and moderate-income workers, the saver's credit can be used to offset part of the first $2,000 workers can voluntarily contribute to an IRA or their employer's qualified retirement plan. It helps individuals who don't normally have the resources to set money aside for retirement and is available in addition to the other tax benefits associated with retirement plan contributions.

A little inspiration from The Taxation Experts Certified Public Accountants. Wednesday Wisdom

An individual must have compensation in order to contribute to an IRA, unless the individual is a non-working or low-earning spouse who is allowed to contribute to his or her own IRA based upon the compensation of the working spouse.

Set yourself up for success with Monday Motivation from The Taxation Experts Certified Public Accountants

First, there was the usual April 15th deadline. Then, there was July 15th. If you filed for an extension, your deadline was October 15th - and now that date has come and gone. What happens now if you missed it?

The Taxation Experts Certified Public Accountants - Some Friday tax knowledge for our friends and colleagues.

Operating a SMB is hard work - and it's vital to know the financial health of your business at any time. Whether you're assembling your financial reports yourself or have hired professional help (like us), here are 12 metrics that can help you monitor your success.

To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement. However, 2020 has given rise to more than the usual tax-planning opportunities. Thus, you may find it appropriate to schedule a tax-planning appointment well before the close of the year to take advantage of the tax benefits and strategies available for 2020.

Here is some midweek Wednesday Wisdom inspiration from your friends at The Taxation Experts Certified Public Accountants

Are you an investor in stocks, bonds, mutual funds, etc.? If so, when you sell those securities, you will undoubtedly want to minimize your gains or maximize your losses for tax purposes. To do that, you'll need to know your tax basis in the investment (asset), which makes it important to keep track of the basis in all your investments.

Let's get the weekend started. Friday from The Taxation Experts Certified Public Accountants

Health insurance premiums, including Medicare parts B, C, and D; hospitalization; long-term care; and dental costs are all tax deductible, and are subject to AGI limitations if you itemize your deductions. If you are self-employed, including some partners, or a more-than-2% S corporation shareholder, you may be able to deduct the premiums without itemizing and without AGI limitations.

Tap into your full potential. Wednesday Wisdom from The Taxation Experts Certified Public Accountants