Tidwell & Associates, LLP

Victims of tax-related scams can be contacted through regular mail, phone calls and email. If you receive a text, letter, email or phone call purporting to be from the IRS, contact us for help determining its validity. www.tidwellcpa.com #TCPA

As we head toward gift-giving season, you may be considering giving cash or securities to your loved ones. Taxpayers can transfer amounts free of gift taxes to their children or others each year through the use of the annual federal gift tax exclusion. Contact us with questions.

We all know college is expensive. Fortunately, there are two federal tax credits for higher education costs: The American Opportunity credit and the Lifetime Learning credit. There are requirements to qualify for both credits. Contact us. www.tidwellcpa.com #TCPA

Given the escalating cost of employee health care benefits, your business may be interested in setting up an employer-sponsored Health Savings Account (HSA). An HSA provides a number of tax benefits for your business and its employees. www.tidwellcpa.com #TCPA

Employers must pay federal unemployment tax. The tax rate is 6% but it can be reduced by a credit for contributions paid into state unemployment funds. But there may be ways to control costs. Contact us for ideas. www.tidwellcpa.com #TCPA