Brandt & Associates Tax & Financial Services RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Tue, 20 Mar 2018 09:00:00 -0500 Tue, 20 Mar 2018 09:00:00 -0500 Important Tax Changes for 2018 There are many changes in 2018 that affect individual taxpayers. These tables will reflect the increases in standard deduction, modifications to tax rates and brackets, and repeal of personal exemptions. Tue, 20 Mar 2018 09:00:00 -0500 Standard Mileage Rates for 2018 2018 standard mileage rates are changing. Know the rates now so you're prepared to file your taxes! Tue, 13 Mar 2018 09:00:00 -0500 What Income is Taxable? Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick (and easy) answer is that all income is taxable unless the law specifically excludes it. Thu, 01 Mar 2018 09:00:00 -0600 Tips for Getting Paid on Time Are you having trouble getting your clients to pay their fees? You're not alone. For many business owners, collecting on your accounts receivables can be challenging. Thu, 01 Mar 2018 09:00:00 -0600 Tax Tips for Foreign Taxpayers The FBAR filing deadline for taxpayers maintaining foreign financial accounts during calendar-year 2017 is April 17, 2018, the same date Federal income tax is due. Thu, 01 Mar 2018 09:00:00 -0600 IRS Scam Alert: Erroneous Refunds & Fake Calls A new twist on an old scam involves erroneous tax refunds deposited into bank accounts. Here's what you need to know. Thu, 01 Mar 2018 09:00:00 -0600 Employer Responsibilities under the ACA The Affordable Care Act (ACA) includes responsibilities for employers. Learn how the size and structure of your workforce determine which ones apply to your business. Thu, 01 Mar 2018 09:00:00 -0600 Extended Due Dates for Health Coverage Forms The due date to provide 2017 health coverage information forms in 2018 has been extended by 30 days. Employers now have until March 2, 2018 to provide Forms 1095-B or 1095-C. As a result of this extension, some individuals may not receive their Forms 1095-B or 1095-C in time to file their 2017 individual income tax return. Learn More... Tue, 20 Feb 2018 09:00:00 -0600 Tips for a Stress-Free Tax Season Stressing out about taxes can often cause people to keep pushing them off, making the problem even harder to deal with by the time they get around to doing taxes. Here are our six tips for a stress-free tax season. Thu, 08 Feb 2018 09:00:00 -0600 Tips for a Stress-Free Tax Season Many people find preparing their tax return to be stressful and frustrating, but it doesn't have to be. Thu, 01 Feb 2018 09:00:00 -0600 Missing Important Tax Forms? Here's what to do If you are ready to file your taxes but are missing important tax forms here's what you should do. Thu, 01 Feb 2018 09:00:00 -0600 Five Tax Breaks that Survived Tax Reform Recent tax reform legislation affected many provisions in the tax code. Many were modified, either permanently or temporarily, while some were repealed entirely. Here are five that survived. Thu, 01 Feb 2018 09:00:00 -0600 Federal Tax Forms: Which one should you use? Three different forms are used for filing individual federal income tax returns: 1040EZ, 1040A, or 1040. If you're wondering which form you should use, then keep reading. Thu, 01 Feb 2018 09:00:00 -0600 Donating a Car to Charity If you donated a car to a qualified charitable organization in 2017 and intend to claim a deduction, you should be aware of the special rules that apply to vehicle donations. Thu, 01 Feb 2018 09:00:00 -0600 Hiring Best Practices You've found the right candidate. Now ensure you file the right paperwork! Virginia, DC and Maryland's premier hiring best practices consultants. Wed, 09 Aug 2017 09:00:00 -0500 Choosing the Correct Tax Filing Status It's important to use the right filing status when you file your tax return because the filing status you choose can affect the amount of tax you owe for the year. It may even determine if you must file a tax return. Fri, 31 Mar 2017 09:00:00 -0500 Welcome to "Adulting"! Nothing quite like filing your own taxes for the first time. Welcome to "Adulting"! Getting prepared ahead of time can cut down on stress and confusion and make the best decisions for your financial situation. Tue, 14 Mar 2017 09:00:00 -0500 Never Miss These Tax Breaks for Individuals Confused about which credits and deductions you can claim on your 2016 individual tax return? Here are six (6) tax breaks that you won't want to overlook. Wed, 01 Mar 2017 09:00:00 -0600 2016 Health Coverage Exemption - What You Need To Know With the 2017 tax filing season in full swing, now is the time to think about how the health care law affects your taxes. Learn the criteria for Form 8965. Tue, 21 Feb 2017 09:00:00 -0600 Five (5) Tax Breaks That Expired Last Year Many tax provisions were made permanent with the passage of the PATH Act in late 2015, but more than 36 others expired at the end of 2016. Here are the five (5) that are most likely to affect taxpayers like you. Wed, 15 Feb 2017 09:00:00 -0600 Seven 2017 IRS Tax Scams To Watch Out For With the rush to file taxes, many are out there to scam you. Here are Brandt & Associates Seven IRS Tax Scams to watch out for in 2017. Thu, 09 Feb 2017 09:00:00 -0600 Should You File a Tax Return in 2016? Most people file a tax return because they have to. Even if you don't, there are times when you should because you might be eligible for a tax refund. The six tax tips below should help you determine whether you're one of them. Thu, 02 Feb 2017 09:00:00 -0600 Tips On Paying Taxes For Household Help If you employ someone to work for you around your house, it is important to consider the tax implications of this arrangement. Read Brandt Tax's Tips on Household Help Fri, 27 Jan 2017 09:00:00 -0600 Seven Tax Tips For Older Americans Older Americans want to save money on their taxes. If you are age 50 or older, here are seven (7) tax tips that could help you save money this tax season. Fri, 27 Jan 2017 09:00:00 -0600