by Andrews Tax Accounting & Bookkeeping | Oct 11, 2018 | Educational
A while ago the AICPA requested that the IRS clarify the state of some deductions, in particular meals and entertainment, for the coming tax year. Well, we finally have an answer. Businesses can still deduct 50 percent of meals while entertaining clients....
by Andrews Tax Accounting & Bookkeeping | Aug 1, 2018 | Educational
IRS vs. Coinbase Cryptocurrency has been around for a while. A few years ago, the IRS demanded the personal information of users of Coinbase, a digital currency exchange. Eventually, Coinbase had to hand over the information in a court ruling. Do you know why this...
by Andrews Tax Accounting & Bookkeeping | Jun 13, 2018 | Educational, Tips
Know the Signs of a Scam Tax season may only consist of a few months but tax scammers work year-round, so it is important to know the tell-tale signs of an IRS scam. Here are a few tips to spot a scam: Caller ID is not fact. People can manipulate caller ID to appear...
by Andrews Tax Accounting & Bookkeeping | May 9, 2018 | Educational
Improvements to Hopefully Come Recently, legislation has been brought to Congress to redesign the Internal Revenue Service into a taxpayer-first agency. Taxpayer-first means the agency will focus on service instead of just enforcement and collections. Not only that,...
by Andrews Tax Accounting & Bookkeeping | Feb 7, 2018 | Educational
Common Targets for Scams As we grow older, it is important to educate ourselves on financial dangers in the world. One group, in particular, that is susceptible to financial shams are the elderly. What can you do? Firstly, educate yourself, as well as your friends and...
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