by Andrews Tax Accounting & Bookkeeping | Apr 3, 2019 | Educational
The New Bill Remember last April, when Congress brought forth a bill to redesign the IRS? Well, that bill was shot down, but it’s back for round two. The Taxpayer First Act has 45 provisions to improve the IRS. Some of these provisions include improving taxpayer...
by Andrews Tax Accounting & Bookkeeping | Mar 27, 2019 | Educational, Tips
Photo courtesy of 401kcalculator.org What is the Difference Between an Accountant and a CPA? The short answer, not much. The big difference is CPA’s can prepare financial statements for audits. CPA certifications vary from state to state, the usual requirement is a...
by Andrews Tax Accounting & Bookkeeping | Jan 4, 2019 | Educational, Tips
Photo courtesy of TaxRebate.org.uk What changes should you lookout for this tax season? I’m glad you asked. The standard deduction has increased. The SALT deduction only goes up to $10,000. The child tax credit increased. Active members of the military are the only...
by Andrews Tax Accounting & Bookkeeping | Dec 27, 2018 | Holidays
We hope everyone had a happy holiday! To celebrate this year, we had secret Santa at the office. Jeri got a new scarf and wine.Les received an art kit.Debra got a new travel mug and hot chocolate. Taryn gets to try out a board game called Redneck Life.Janna got a new...
by Andrews Tax Accounting & Bookkeeping | Nov 21, 2018 | Educational
IRS Building photo courtesy of TravelingOtter The IRS’s Three Pase Plan Back in August, the IRS announced some changes to be made to the tax transcript process. This is to due past hacks by cyber-criminals. There are three phases to this plan and we are almost...
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