Our Latest Insights
Help! I Invested in Cryptocurrency and Meme Stocks! What Do I Do Now?
A scenario for you: You’re a young millennial who spends his or her mornings perusing your most trusted source of internet news (I, of course, am referring to Reddit) in November of 2020. A hot tip involving a potential short-squeeze opportunity to profit off of an...
Tips from the IRS for Your Protection
It seems that calls to protect my car with an extended warranty are now outnumbering the threatening calls I once got, supposedly from the IRS. Unfortunately, that doesn’t mean that scammers have given up pretending to be collection agents for the IRS. For our...
Who Needs Another PIN
For years the IRS has issued Identity Protection PINS to proven victims of tax-related identity theft. The number is mailed to the taxpayer every year and is used to file all federal returns, both electronic and paper. This year the IRS will allow eligible taxpayers...
Don’t Buck the Fed
As the saying goes in the investment community, you "Don't Buck the Fed", but rather you follow their lead and take advantage of what they give you. Well, what more important investment do employers have than their own companies? Therefore, my recommendation is that...
Risk Management for Your Organization
In order to fulfill their charge to provide direction and guide an organization, the Board of Directors must manage risk. Effective risk management involves a process of planning, prioritizing and protecting. In the planning stage, it’s important to identify all the...
Contributions From IRAs
Background The Pension Protection Act of 2006 first allowed taxpayers age 701/2 or older to make tax-free charitable donations directly from their IRAs. Technically, these taxpayers were allowed to exclude from gross income otherwise taxable distributions from their...
Time to Celebrate our Accomplishments!
Calvin Longer is now a CPA! Congratulations, Calvin. Calvin’s career focus is Accounting & Auditing. We have three new Enrolled Agents: Beatrice Calen, Jason Mendick, and Chris Hill Chris Hill is also now Quickbooks certified. Chris must have been busy studying...
Healthcare Business Consultants Lead the Way in the Business of Medicine
It is no secret that successful people surround themselves with experts. In the business of medicine, one often considered such an expert is a Certified Healthcare Business Consultant. So, when it comes to the business of healthcare, when should a medical practice...
Some Early Filers Will Be Getting Additional Funds from the IRS. Are You One?
Of my 30+ “tax seasons”, I think this was the most challenging, because Congress changed the law late in 2020 (not so unusual) and even well into the filing season, after millions of returns had already been filed. Two of those changes might result in tax refunds...