waandersoncpa.com RSS Feed https://waandersoncpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Mon, 01 Mar 2021 09:00:00 -0600 Mon, 01 Mar 2021 09:00:00 -0600 Tax Breaks for Families With Children https://www.waandersoncpa.com/newsletter.php#3 If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#3 Small Business Tax Roundup https://www.waandersoncpa.com/newsletter.php#4 In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#4 Renting Out a Second Home https://www.waandersoncpa.com/newsletter.php#2 Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#2 Capital Gains Tax on Sale of Stocks https://www.waandersoncpa.com/newsletter.php#5 If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#5 Avoiding an IRS Tax Audit https://www.waandersoncpa.com/newsletter.php#1 With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#1 What's New for 2020 Tax Returns https://www.waandersoncpa.com/newsletter.php#2 Taxpayers should be aware of several key items involving credits, deductions, and refunds when filing their tax returns this year. Mon, 01 Feb 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#2 Taxable vs. Nontaxable Income https://www.waandersoncpa.com/newsletter.php#5 Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick (and easy) answer is that all income is taxable unless the law specifically excludes it. Mon, 01 Feb 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#5 Tax Filing Season Starts February 12 https://www.waandersoncpa.com/newsletter.php#1 The IRS begins accepting and processing 2020 tax year returns on Friday, February 12, 2021. Mon, 01 Feb 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#1 Social Security Benefits and Taxes: The Facts https://www.waandersoncpa.com/newsletter.php#4 Generally, you pay federal income taxes on your Social Security income only if you have other substantial income in addition to your benefits. Mon, 01 Feb 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#4 Employer Tax Credit Extended for Payroll Workers https://www.waandersoncpa.com/newsletter.php#3 Extended through June 30, 2020, the Employee Retention Credit helps businesses keep their employees on the payroll - despite the challenges posed by COVID-19. Mon, 01 Feb 2021 09:00:00 -0600 https://www.waandersoncpa.com/newsletter.php#3 IRS Form 1040-X (Amended Returns) Can Now be E-Filed https://waandersoncpa.com/blog.php?id=10 IRS Form 1040-X (Amended Returns) Can Now be E-Filed Tue, 25 Aug 2020 09:00:00 -0500 https://waandersoncpa.com/blog.php?id=10 FASB Defers Effective Dates- Lease & Revenue Recognition Standards https://waandersoncpa.com/blog.php?id=9 FASB Defers Effective Dates- Lease & Revenue Recognition Standards Mon, 27 Jul 2020 09:00:00 -0500 https://waandersoncpa.com/blog.php?id=9 Summer Time Cost Reduction- The Child & Dependent Care Tax Credit https://waandersoncpa.com/blog.php?id=8 Summer Cost Reduction- The Child & Dependent Care Tax Credit Wed, 12 Jul 2017 04:00:00 -0500 https://waandersoncpa.com/blog.php?id=8 Health Care Premium Tax Credit: Penalty Warning https://waandersoncpa.com/blog.php?id=7 Health Care Premium Tax Credit: Penalty Warning Thu, 06 Jul 2017 04:00:00 -0500 https://waandersoncpa.com/blog.php?id=7 Avoid Penalties on Business Healthcare Plan Compliance https://waandersoncpa.com/blog.php?id=6 Avoid Penalties on Business Healthcare Plan Compliance Mon, 26 Jun 2017 04:00:00 -0500 https://waandersoncpa.com/blog.php?id=6 Many Popular Tax Rules Now Permanent https://waandersoncpa.com/blog.php?id=5 Popular Tax Rules That Are Now Permanent Sun, 25 Jun 2017 04:00:00 -0500 https://waandersoncpa.com/blog.php?id=5