Tax Topics

From time to time we will post tax topics here for our clients related to accountancy, changes in tax law, links to IRS forms and other sites, etc.


Updated: January 19, 2023

Alternative Minimum Tax (AMT)


Updated: January 16, 2022

Barter Income


Updated: January 19, 2023

Charitable Contributions (you must have a receipt!)


Updated: January 19, 2023

Child Tax Credit and Additional Child Credit


Updated: January 16, 2022

Dependent Credits


Posted: January 14, 2020

Direct Pay


Updated: January 16, 2022

Education Benefits


Updated: January 19, 2023

Electronic Filing (efiling)


Updated: January 19, 2023

Estate tax


Updated: January 19, 2023

Estimated Tax Payments


Updated: January 19, 2023

Extension - Extra Time to File Your Tax Return


Posted: January 12, 2019

Foreign account reporting (FBAR, due April 15 each year, automatic 6-month extension to October 15)


Updated: January 19, 2023

Household Employees


Posted: January 6, 2017

Identity Theft


Updated: January 19, 2023

IRA Contributions


New: January 14, 2022

IRS Account (Yours)


Posted: January 6, 2017

IRS Notices


Posted: January 6, 2017

IRS Privacy Requirements and Disclosure page


Posted: January 14, 2021

Itemized Deductions and Exemptions (Phase out is gone again)


Updated: January 19, 2023

Medical Expenses


Updated: January 19, 2023

Mileage Rates


Posted: January 12, 2019

Mortgage Interest


Posted: January 6, 2017

Net Investment Income Tax, 3.8%


Posted: January 6, 2020

QUALIFIED BUSINESS INCOME (QBI)


Posted: January 19, 2023

Residential Energy Efficient Property Credit


Posted: January 6, 2017

ROTH IRA Conversion (Traditional to Roth)


Updated: January 19, 2023

Sales Tax Deduction


Posted: January 14, 2021

SMARTVAULT (SECURE UPLOAD AND TAX DOCUMENT STORAGE)


Updated: January 19, 2023

Standard Deduction


Posted: January 6, 2017

Substantiation Requirements - Receipts and Mileage logs


New: January 16, 2022

Virtual Currency