askcpas.com RSS Feed https://askcpas.com/ Take a look at our recent blog posts and client newsletter articles. en-us Sat, 01 May 2021 09:00:00 -0500 Sat, 01 May 2021 09:00:00 -0500 Tax Withholding for Seasonal and Part-Time Employees https://www.askcpas.com/newsletter.php#2 Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Sat, 01 May 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#2 Tax Return Tips for Last-Minute Filers https://www.askcpas.com/newsletter.php#1 If you've been procrastinating about filing your tax return this year, here are some tips that might help. Sat, 01 May 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#1 Saving for Education: Understanding 529 Plans https://www.askcpas.com/newsletter.php#3 Section 529 plans are an excellent way to save for your child's education and can be used for pre-college and vocational education expenses as well as college. Sat, 01 May 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#3 Deducting Business-Related Car Expenses https://www.askcpas.com/newsletter.php#5 If you're self-employed and use your car for business, you can deduct certain business-related car expenses. Sat, 01 May 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#5 Avoiding Tax Surprises When Retiring Overseas https://www.askcpas.com/newsletter.php#4 Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications because not all retirement destinations are created equal. Sat, 01 May 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#4 Q & A: The $10,200 Unemployment Tax Break https://www.askcpas.com/newsletter.php#4 A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#4 PPP Loan Deadline Extended Through May 31 https://www.askcpas.com/newsletter.php#5 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#5 Highlights of the American Rescue Plan Act https://www.askcpas.com/newsletter.php#2 Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#2 Federal Tax Deadline Extended To May 17 https://www.askcpas.com/newsletter.php#1 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#1 Economic Impact Payments: Round Three https://www.askcpas.com/newsletter.php#3 Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 https://www.askcpas.com/newsletter.php#3 Property Lien Scam https://www.askcpas.com/blog.php?id=22 Thu, 26 Sep 2019 09:00:00 -0500 https://www.askcpas.com/blog.php?id=22 Summertime IRS Tax Tips https://www.askcpas.com/blog.php?id=21 Wed, 10 Jul 2019 09:00:00 -0500 https://www.askcpas.com/blog.php?id=21 Tax Reform Changes https://www.askcpas.com/blog.php?id=20 Wed, 20 Mar 2019 09:00:00 -0500 https://www.askcpas.com/blog.php?id=20 Check your paychecks https://www.askcpas.com/blog.php?id=19 Fri, 15 Mar 2019 09:00:00 -0500 https://www.askcpas.com/blog.php?id=19 Choosing tax preparers https://www.askcpas.com/blog.php?id=18 Wed, 13 Mar 2019 09:00:00 -0500 https://www.askcpas.com/blog.php?id=18 Avoiding phone scams this tax season https://www.askcpas.com/blog.php?id=17 Fri, 08 Mar 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=17 How a name change affects your tax return https://www.askcpas.com/blog.php?id=16 Thu, 07 Mar 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=16 Be prepared before contacting the IRS https://www.askcpas.com/blog.php?id=15 Wed, 06 Mar 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=15 Taxpayers who turned 70 1/2 during 2018 must begin receiving retirement plan payments https://www.askcpas.com/blog.php?id=14 Tue, 05 Mar 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=14 Taxpayer tips to minimize data theft https://www.askcpas.com/blog.php?id=13 Mon, 04 Mar 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=13 Checking your refund status https://www.askcpas.com/blog.php?id=12 Mon, 04 Mar 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=12 Tax Help https://www.askcpas.com/blog.php?id=11 Thu, 31 Jan 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=11 IRS Waives Estimated Tax Penalty https://www.askcpas.com/blog.php?id=10 Fri, 18 Jan 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=10 Form 1099-G Available for Tax Preparation https://www.askcpas.com/blog.php?id=9 Wed, 09 Jan 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=9 https://www.askcpas.com/blog.php?id=8 Tue, 08 Jan 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=8 New Limits for Important Things https://www.askcpas.com/blog.php?id=7 Fri, 04 Jan 2019 09:00:00 -0600 https://www.askcpas.com/blog.php?id=7 Thank you! https://www.askcpas.com/blog.php?id=6 Fri, 28 Dec 2018 09:00:00 -0600 https://www.askcpas.com/blog.php?id=6 Determining Who Qualifies ... Part 2 https://www.askcpas.com/blog.php?id=5 Now that we?ve determined what qualifies a child to be your qualifying child, let?s look at the four part test that determines who is a qualifying relative Mon, 27 Feb 2017 09:00:00 -0600 https://www.askcpas.com/blog.php?id=5 Determining Who Qualifies as a Dependent .... Part 1 of 2 https://www.askcpas.com/blog.php?id=4 Mon, 16 Jan 2017 09:00:00 -0600 https://www.askcpas.com/blog.php?id=4 Loan or Gift? https://www.askcpas.com/blog.php?id=3 Is this a loan or a gift? - The question every taxpayer must ask themselves before parting with a portion of their well-earned cash to a friend, relative, or that random hobo off the street. Tue, 06 Dec 2016 09:00:00 -0600 https://www.askcpas.com/blog.php?id=3