Vernoia, Enterline + Brewer, CPA LLC

Archive for the ‘IRS’ Category

Tips for Business Owners Who Need to Reconstruct Records After a Disaster

After a disaster, many business owners might need to reconstruct records to prove a loss. (more…)

Early Jump on Tax Filing 2018

While taxpayers will not start filing their tax returns for a few months, there are a few things they can do to make the process easier next year. (more…)

IRS Gives Tax Relief to Victims

IRS Gives Tax Relief to Victims of California Wildfires; Extension Filers Have Until Jan. 31 to File

Victims of wildfires ravaging parts of California now have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced.
(more…)

Gifts to Charity: Six Facts About Written Acknowledgements

Throughout the year, many taxpayers contribute money or gifts to qualified organizations eligible to receive tax-deductible charitable contributions. (more…)

Self Employed? 3 Strategies for Handling Estimated Tax Payments

In today’s economy, many individuals are self-employed. Others generate income from interest, rent or dividends. (more…)

Your Taxpayer Bill of Rights

Every taxpayer has a set of fundamental rights and the IRS has an obligation to protect them. The Taxpayer Bill of Rights groups the taxpayer rights found in the tax code into 10 categories. Know these rights when interacting with the IRS. (more…)

Divorce or Separation May Affect Taxes

divorce_420

Taxpayers who are divorcing or recently divorced need to consider the impact divorce or separation may have on their taxes. Alimony payments paid under a divorce or separation instrument are deductible by the payer, and the recipient must include it in income. Name or address changes and individual retirement account deductions are other items to consider.

(more…)