by Andrews Tax Accounting & Bookkeeping | Jun 5, 2026 | Educational
Is It a Hobby or a Business? It Matters to the IRS Is it a hobby or a business – that’s a question you need to ask before you try to deduct certain expenses on your taxes. It may seem like a loophole. Do something you love to do, then deduct your costs come tax time....
by Andrews Tax Accounting & Bookkeeping | May 9, 2026 | Educational
When and How to File an Amended Tax Return Filing an amended tax return is necessary sometimes – mistakes happen! Or you may get new information that affects a past tax return, for good or bad. In either case, it’s important to file the right numbers. Filing an...
by Andrews Tax Accounting & Bookkeeping | Apr 24, 2026 | Educational
How-To Guide for Fighting the IRS Fighting the IRS – it can seem hard, but it can be done. And in some ways, the IRS is prepared to help you do it. Fighting the IRS: First Steps Fighting the IRS involves formally appealing decisions, using the Independent Office of...
by Andrews Tax Accounting & Bookkeeping | Apr 10, 2026 | Educational
Backdoor Roths Are Retirement Plans that Offer Benefits to High Earners Backdoor Roths aren’t an “official” type of retirement fund. Also known as Roth conversions, they constitute a strategy that allows high-earning workers to enjoy some of the tax benefits available...
by Andrews Tax Accounting & Bookkeeping | Apr 3, 2026 | Educational
Retirement Annuities Offer a Steady Stream of Income at a Price Retirement annuities involve a long-term contract with an insurance company designed to provide a steady income stream in retirement. As an investor, you can make one lump-sum payment. Or you can make a...
Recent Comments