Can I amend my own tax return?
If you’ve learned that one or more of your prior tax returns contains errors, you’ll likely need to file an amended tax return. An amended tax return is something you’ll file with the IRS, and once filed, the amended return will fix prior errors. If you (or your accountant) make another mistake on your amended […]
What is an amended tax return?
Filing a tax return can be tricky, especially if you’re trying to prepare the form yourself. Filing your own taxes can be especially difficult if you’re a small business owner, you’re claiming lots of deductions, or you’re trying to account for certain carryover deductions, such as losses, charitable contributions, or various types of tax credits. […]
Benefits of Having a Professional Prepare Your Tax Return
Lots of people wonder if they’re capable of filing their own taxes, however, not using an accountant or CPA firm could cause you to leave money on the table. No one, we repeat, no one wants to pay a higher tax rate than what’s required by law. For this post we wanted to discuss some […]
Benefits of Hiring a CPA to Help You File Your Taxes
This year’s tax filing deadline is right around the corner—and if you’re among the millions of Americans who still haven’t filed, you may be wondering if you can handle the job yourself. If you’re a salaried employee and you’re filling out a simple W-2, there’s a good chance that you can handle that on your […]
How to Choose a CPA
April 15th is just around the corner, and if you’re been searching online for “CPA near me” you’ve likely received dozens of results. With so many firms to choose from, how do you know which one is best? For this post we wanted to discuss several tips you can use to choose a reputable CPA. […]
Reasons to Hire a CPA
February has officially arrived, which means that tax season is just around the corner. If you’ve decided to stop filing your own taxes because you want to seek out the advice and expertise of a professional, you may be weighing the pros and cons of hiring a CPA. Below are just a few of the […]
Benefits of Hiring a CPA (and How to Choose the Best One)
Lots of people assume that CPAs are only helpful for corporations and the ultra-wealthy, but this simply isn’t true. In fact, you may be surprised to learn that CPAs can provide a lot of assistance to individuals and small business owners in various areas, such as tax planning, retirement planning and estate planning. Below are […]
Benefits of Working with a CPA Versus an Accountant
If you’re in the process of evaluating your finances and you have questions about tax planning, the tax benefits associated with incorporating your business, or you have questions about estate planning, you’ll want to speak with a professional. But at this point, you may be wondering if there are any benefits of working with a […]
How a CPA Can Help You Keep Your 2021 Financial Resolutions
The new year is fast approaching—which means that it’s a great time to set goals aimed at improving your finances. From increasing your debt payments (which will save you quite a bit in interest over time), to taking steps toward building an emergency fund, there’s a lot of upside to setting new goals for 2021. […]
How to Choose a Certified Public Accountant (CPA)
Regardless as to whether you need help with your personal or professional finances, working with a Certified Public Accountant (CPA) can be beneficial. Yes, there are lots of people who are comfortable preparing their own taxes, but considering the complexity of the tax code (and how frequently the tax code changes), if you want to […]