The IRS offers a way to set up an account that during tax time, if you owe, you can view your balance, make & view payments, and access your tax records. It would be great to go ahead and set one up so that during the busy tax time, you are not scrambling to do […]
There were an estimated 19 million taxpayers requesting an extension to file until October 17. Are you one of them? There are many reasons you haven’t filed yet: you lost tax documents; you aren’t sure if you really need to file; you know you are going to owe money (not a valid reason for an […]
Since kids are going back to school…How do know your child will be a CPA when they grow up? When you readthem Cinderella and the pumpkin turns into a golden carriage, they ask, “Isthat ordinary income or capital gain?”If you don’t understand this joke, give us a call 606-585-0131 so you don’t getinto tax trouble!! The Darlings
It is always great to have a dream! Does one of your life goals include opening a new business? Are stuck because you have no idea where to even start? The following IRS link provides a great starting point. https://www.irs.gov/newsroom/aspiring-entrepreneurs-learn-the-basics-of-setting-up-a-business Remember, choosing the correct business structure can save you hours of frustration and unexpected tax […]
Since Covid-19 started in 2020, many people have completely changed occupations and begun truck driving. Although it seems like hitting the open road would truly be “the life,” truck drivers are required to file Form 2290 pay a heavy highway vehicle use tax by AUGUST 31, 2022. This link will take you to the explanation […]
The past week has probably been a little hectic BUT be encouraged!! You made it!! You can do this thing call LIFE!! The Darlings
You may be able to deduct those day camp expenses you paid this summer.
Is Hermey really independent or should the company contribute to his 401(k)?
Well, we hope that this is really not how you feeling!! So, think of it this way….THEY are YOUR taxdeductions!!! The Darlings
Today is the 222nd Day of the year!! What does that mean?? There are only 143 days left in 2022!! That ishard to believe but we just wanted to put in perspective that it is better to be prepared than to waituntil tax time to get all your receipts, bank statements, and tax forms together. […]