Whether your business is the law, or a business with accounting or asset protection needs, our business has been “Solving clients’ problems" since 1977.

Blog

Work During Vacation Could Pay Off

  • 9 July 2019
  • Author: Cari Holbrook
  • Number of views: 267
  • 0 Comments
Work During Vacation Could Pay Off

Mixing business with pleasure while traveling this summer? Some of it might be tax deductible, but the rules are tricky. Your ability to deduct travel expenses depends on this criteria:

Surprising Taxes On Alernative Investments

Shavano Living

Surprising Taxes On Alernative Investments
As your net worth grows, your financial advisor may suggest diversifying your portfolio with alternative investments. These assets can include gold and real estate. Cryptocurrencies are another emerging investment area. The amount you invest and how you invest in these alternative areas, however, can affect your taxes in surprising ways.

Business Tax Deduction FAQs

  • 25 June 2019
  • Author: Cari Holbrook
  • Number of views: 359
  • 0 Comments
Business Tax Deduction FAQs

What expenses can my business deduct on its taxes? It’s such a simple question, yet the answer is shockingly complex. No tax situation is one-size-fits-all, and the rules are constantly changing. To offer clarity, we found some of the most “Googled” business deduction questions and answer them here.


Tax Changes for Employee Moving Expenses

  • 18 June 2019
  • Author: Cari Holbrook
  • Number of views: 362
  • 0 Comments
Tax Changes for Employee Moving Expenses

Qualified moving expense tax treatment for employees has changed under the Tax Cuts and Jobs Act (TCJA). The transition started in 2018, but taxpayers are still being blindsided by what’s no longer covered.


Painful IRS Lessons Continue for Actor Wesley Snipes

  • 11 June 2019
  • Author: Cari Holbrook
  • Number of views: 390
  • 0 Comments
Painful IRS Lessons Continue for Actor Wesley Snipes

Actor Wesley Snipes served four years in prison for tax evasion, but it wasn’t enough to wipeout his $23.5 million tax bill. For that, Snipes continues his more than 13-year battle with the IRS, and the hits keep coming.


Retiring & Your Taxes

Shavano Living

Retiring & Your Taxes

While taxes, in general, are a constant, tax codes are ever changing. Each year presents a different set of tax implications when it comes to retirement. If you're planning on retiring soon, congratulations! Enjoy and celebrate, but also take some time to understand how retiring right now will influence your future tax returns. 

5 Audit Mistakes To Avoid

  • 28 May 2019
  • Author: Cari Holbrook
  • Number of views: 411
  • 0 Comments
5 Audit Mistakes To Avoid
The IRS audits less than 1% of all tax returns. Before you breathe a sigh of relief, that still adds up to about 1 million audits every year. IRS software is helping to automate the process by flagging returns that show abnormalities. Perhaps the return deviates from what’s normally filed, or it’s been linked to a family member or business partner who is being audited, for instance.

Tax Havens: Legal or Not?

  • 21 May 2019
  • Author: Cari Holbrook
  • Number of views: 479
  • 0 Comments
Tax Havens:  Legal or Not?

Google shifted nearly $23 billion in profits to a tax haven in Bermuda in one single year, allowing it to avoid triggering U.S. income taxes and European withholding taxes on its foreign income. How did they do it? Are using tax havens in this way legal?


Beware of the Newest IRS Scams

  • 14 May 2019
  • Author: Cari Holbrook
  • Number of views: 283
  • 0 Comments
Beware of the Newest IRS Scams

Did you get a hostile call from the IRS about owing money? Did Uncle Sam email you a tax transcript? You are being scammed. Over the past few months, the IRS has issued notifications of new scams that are costing taxpayers millions. They include:


Not All Postmarks Are Valid to the IRS

  • 16 April 2019
  • Author: Cari Holbrook
  • Number of views: 414
  • 0 Comments
Not All Postmarks Are Valid to the IRS

While printing postage from the internet is convenient, it may not be a good idea to do so for payments or petitions mailed to the IRS. That’s what one taxpayer recently learned when her correspondence was regarded as being late despite the timely date her private postage label clearly displayed.


RSS
123456789

Expertise

When you hire Steven Bankler and his team of certified public accountants, you get seasoned, knowledgeable CPAs.

The IAPA International LogoRather than experienced bookkeepers, promising CPAs-in-training or studious interns in the process of completing their accounting degrees, you get professional CPAs. We Solve Problems. We provide creative solutions to our clients’ unique problems including tax and estate planning, forensic accounting, expert witness and litigation support.

Testimonials

Curriculum Vitae

Quoted Opinions

Newsletter Signup

First Name:
Last Name:
E-Mail:  
Better Business Bureau