Blog Archives

What to do if you owe taxes

I sat down with Mark Gruba at News 8 (WROC-TV) this morning to discuss your options if you owe money to the IRS. Check out my interview at http://www.rochesterfirst.com and be on the lookout for more interviews in the future.

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Posted in News

Federal Tax Weekly: November 12, 2015

This issue’s topics include: MyRA Starter Roth IRA Now Available Nationwide IRS Releases Revised Form 1042 And Instructions Audits of Individual Tax Returns Drop Again IRS Extends Safe Harbors for Distressed Homeowners Highway Bill Goes to Conference; Extenders Could Move

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Posted in Tax

Tax Alert: IRS Makes it Easier for Small Businesses to Apply the Tangible Property Regulations to 2014 and Future Years

The IRS issued Revenue Procedure 2015-20 which makes it easier for small business owners to comply with the final tangible property regulations. The simplified procedures were requested by many small businesses and tax professionals. The simplified procedure is available beginning

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Posted in Business Updates

Tax Alert: Tax Increase Prevention Act of 2014

On Dec. 16, 2014, Congress passed the “Tax Increase Prevention Act of 2014,” (TIPA, or “the Act”), which the President has signed into law. In the recently enacted “Tax Increase Prevention Act of 2014,” Congress has once again extended a

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Posted in Business Updates, News, Tax

Using Statements in QuickBooks: The Basics

The QBC: QuickBooks® Client Newsletter Most small businesses use invoices for billing customers. But there are times when you may want to send statements instead of – or in addition to – invoices. One of the more enjoyable parts of

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Posted in QuickBooks