RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Fri, 01 Jan 2021 09:00:00 -0600 Fri, 01 Jan 2021 09:00:00 -0600 The COVID-related Tax Relief Act of 2020 The Consolidated Appropriations Act, 2021, which was signed into law on December 27, 2020, contains a number of tax provisions - among them pandemic relief for businesses and individuals. Fri, 01 Jan 2021 09:00:00 -0600 Important Tax Changes for Individuals and Businesses Each year brings changes to current tax law, and this year is no different. From tax rate schedules to health savings accounts and adoption credits, here's what you need to know. Fri, 01 Jan 2021 09:00:00 -0600 Identity Protection PIN Available To All Taxpayers Starting in January 2021, the IRS Identity Protection PIN Opt-In Program will be expanded to include all taxpayers who can properly verify their identity. Fri, 01 Jan 2021 09:00:00 -0600 Credit Reports: What You Should Know Periodically reviewing your credit report is an effective way to prevent credit card fraud and could alert you to signs of identity theft. Fri, 01 Jan 2021 09:00:00 -0600 Working Remotely Could Affect Your Taxes If you're working remotely from a location in a different state (or country) from your office, you could be facing a tax surprise next year. Tue, 01 Dec 2020 09:00:00 -0600 Small Business: Deductions for Charitable Giving Tax breaks for charitable giving are not limited to individuals; your small business can benefit from them as well. Tue, 01 Dec 2020 09:00:00 -0600 Individual Taxpayers: Recap for 2020 As we close out the year, here's what individuals and families need to know about tax provisions for 2020. Tue, 01 Dec 2020 09:00:00 -0600 Business Tax Provisions: The Year in Review Whether you file as a corporation or a sole proprietor, here's what business owners should keep in mind when it comes to their 2020 taxes. Tue, 01 Dec 2020 09:00:00 -0600 Applying for Tax-Exempt Status as a Nonprofit Whether you're starting a charity, a social organization, or an association there are certain steps you must take before you can apply for tax-exempt status. Tue, 01 Dec 2020 09:00:00 -0600 Should I File A Tax Extension? Should I File A Tax Extension? Need more time to file your tax return? This document can help you decide whether or not you should file an extension using IRS Form 4898. Thu, 11 Apr 2019 09:00:00 -0500 Is Personal Health Insurance A Write-Off? Simply put, though many individuals qualify for deductions on their tax returns when they pay their own health insurance, businesses are the only things that are allowed to deduct health insurance as a business expense. Thu, 11 Apr 2019 09:00:00 -0500 Does the money you earned or received get taxed? Reduce your tax liability and save money. There are many ways that people receive an income, and some income may confuse people when it comes to tax season. Does the money you earned or received get taxed? Thu, 11 Apr 2019 09:00:00 -0500 Free 2018 Tax Help Doing your taxes for the first time can be intimidating. Typical fears of using the wrong form or of getting audited surround people�??�?�¢??s thoughts of tax season, forcing �??�?�¢??Do Taxes�??�?�¢?�??�?� to the bottom of every to-do list. Tue, 12 Mar 2019 09:00:00 -0500 6 reasons to get a head start on taxes in 2019 If you are like many Americans, taxes probably fill you with dread. This probably means you are putting them off until the absolute last minute. We�????�???�??�?�¢??ve all been there. But if you don't think there are any incentives to doing your taxes early, you might want to think again. Mon, 18 Feb 2019 09:00:00 -0600 2019 Tax Tips! Tax season is in full swing, and this year many Americans are hoping that the new tax laws will yield higher returns than 2018. In order to take advantage of new laws, there are a few things to watch out for and to be proactive about. The IRS released five key things to remember when filing your taxes for 2018. Mon, 18 Feb 2019 09:00:00 -0600 Six Tax Tips for Older Taxpayers Older Americans want to save money on their taxes, and we want to help. If you�?�¢??re 50 years of age or older, these six tax tips could help you keep more money in the bank. Tue, 05 Feb 2019 09:00:00 -0600 Significant Tax Changes for Individuals and Businesses in 2019 Though this checklist outlines all important tax changes for the tax year 2019, there is always a possibility that tax law changes will arise during the year. Please call our office if you have questions or would like to begin tax planning for 2019. Wed, 23 Jan 2019 09:00:00 -0600 Important January 2019 Tax Due Dates Follow these important January 2019 Tax Due Dates to ensure you do not miss important tax deadlines! Wed, 23 Jan 2019 09:00:00 -0600 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 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 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