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IMPORTANT: We continue to have limited physical office hours, currently set as Monday-Thursday 9:00-4:00, and Friday’s are By Appointment Only.  With our varying staff levels, our phones do have additional hours of coverage, so please feel free to call. We still welcome you to pre-schedule a visit with our team as we would be happy to provide any one on one you may need!

Home and Education Tax Breaks

Expired Home and Education Tax Breaks Revived Congress passed a federal budget bill in early February that revived dozens of expired home and education tax breaks for the 2017 tax year. They include a deduction for education expenses as well as several tax breaks for...

Taxes and Virtual Currencies

Taxes and Virtual Currencies: What You Need To Know Virtual currencies are all the rage lately. Here are some tax consequences you must know if you decide to dip your toe in that world. The IRS is paying close attention The first thing to know is that the IRS is...

The Best Way to Avoid an Audit: Preparation

The Best Way to Avoid an Audit: Preparation Getting audited by the IRS is no fun. Some taxpayers are selected for random audits every year, but the chances of that happening to you are very small. You are much more likely to fall under the IRS’s gaze if you make...

2018 Tax Reform

2018 Tax Reform Congress has passed tax reform that will take effect in 2018, ushering in some of the most significant tax changes in three decades. Here are some major items in the new 2018 tax reform bill that impact individual taxpayers. Reduces income tax...

How to Handle an IRS Letter or Notice

How to Handle an IRS Letter or Notice The IRS mails millions of letters to taxpayers every year for a variety of reasons. Keep the following suggestions in mind to know how to handle an IRS letter or notice. Do not panic. Simply responding will take care of most IRS...

Retirement Savings 2018

Retirement Savings 2018 You can save more for retirement next year using tax-advantaged accounts, thanks to a boost in the maximum 401(k) contribution rate by the IRS. The maximum rate increases by $500 to $18,500, which is the first increase in three years. Those...