Mileage Logs Required
In a recent tax court case, "Edwards, T.C. Memo. 2018-44," the court determined that taxpayers are now required to keep a contemporaneous...
top of page
Search
Mark Young, CPA
- Jun 1, 2018
- 2 min
How Can I Avoid Taxes on the Sale of My Home?
Statistically, the average person moves every seven years. So the rules regarding the sale of residence should be familiar, but I've...
54 views0 comments
Mark Young, CPA
- May 1, 2018
- 1 min
Check Your Annual Credit Report
A quick reminder regarding the importance of your credit report – your credit rating can affect qualifying for a loan and the interest...
53 views0 comments
Mark Young, CPA
- Apr 1, 2018
- 1 min
Why You Should Make Charitable Donations from Your RMD
Many of you who have to take Required Minimum Distributions (RMDs) should consider making your charitable donations directly from your...
30 views0 comments
Mark Young, CPA
- Mar 1, 2018
- 2 min
Why Do We Have to Pay Estimated Taxes?
Our federal and state taxation is based on a pay as you go system. Your employer withholds taxes from you paycheck and sends those...
51 views0 comments
Mark Young, CPA
- Feb 5, 2018
- 1 min
Elder Fraud
The following is an article I thought you might find helpful in protecting you or your parents from fraud. Warning your aging Parents -...
10 views0 comments
Mark Young, CPA
- Feb 1, 2018
- 1 min
Tax Issues for Wealthy Taxpayers
There are a number of tax issues that seem to face our wealthier taxpayers. Following are a list of these taxes. Knowing these exist...
9 views0 comments
Mark Young, CPA
- Jan 1, 2018
- 1 min
Protecting Your Privacy
Consumer reports has a great article that I thought you might find useful. It's titled "6 Easy Opt-Outs to Protect Your Privacy." I hope...
8 views0 comments
Mark Young, CPA
- Nov 2, 2017
- 1 min
Proposed tax law changes
Following are some articles that you may find useful in determining how the potential tax law may impact you. Keep in mind that the...
15 views0 comments
Mark Young, CPA
- Nov 1, 2017
- 1 min
Year-end Tax Planning
It’s the time of year to do year-end tax planning. We offer tax planning services for our tax preparation clients. Not everyone needs to...
42 views0 comments
Mark Young, CPA
- Oct 1, 2017
- 2 min
What to Do After the Equifax Hack?
Like most of the 140+million US citizens I was distressed to find that much of my most confidential information was exposed because of...
22 views0 comments
Mark Young, CPA
- Sep 1, 2017
- 2 min
What Do I Need to Know About RMDs (Required Minimum Distributions)
Traditional IRAs (Individual Retirement Arrangements) and other retirement plan contributions can provide a tax benefit annually,...
18 views0 comments
Mark Young, CPA
- Aug 1, 2017
- 1 min
IRS Warns Taxpayers of the Latest Phone Scams
Currently, the IRS is warning the public of a recent surge in illegitimate IRS phone calls and voice messages. The newest scams are...
45 views0 comments
Mark Young, CPA
- Jul 2, 2017
- 2 min
How Long Should I Keep My Tax Records?
When you finish filing your tax returns, do not plan on getting rid of your tax records just yet. It is crucial to keep your tax records...
30 views0 comments
Mark Young, CPA
- Jun 2, 2017
- 2 min
I'm a Trustee - What now?
If you just found out that you have been named an executor or trustee, don't panic. While the process can be intimidating, you don't have...
30 views0 comments
Mark Young, CPA
- May 1, 2017
- 1 min
5 Ways to Reduce Your Taxes in Retirement
It's helpful to remember that it’s not how much you make, but how much you keep. You save money all of your life and if you’re not...
54 views0 comments
Mark Young, CPA
- Mar 2, 2017
- 3 min
How to Maximize Your Education Credits
There are few things that you will need to be aware of in order to max out your education credits. But, before we get started with that,...
70 views0 comments
Mark Young, CPA
- Feb 6, 2017
- 1 min
What to Do About Tax Return Fraud
Unfortunately, tax return fraud has become a regular occurrence. It used to be uncommon for a client to get a call from someone...
42 views0 comments
Mark Young, CPA
- Jan 1, 2017
- 2 min
How to Get the Most from Your Tax Appointment
It’s really simple to get the most out of your tax appointment. Being prepared helps you in two ways: 1. We have more time to think...
44 views0 comments
bottom of page