Strategies to Tackling Debt
Whether you’re dealing with personal or business debt, unmanaged debt can lead to serious consequences for your personal and business life. From the mental stress …
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Why Your Business Should Consider Hiring a CPA
Taxes, budgets, financial statements, oh my! Businesses can easily become overwhelmed with everyday tasks of running the financial side of their business. Getting the help …
Top 3 Tax Tips from the 2018 Tax Season
Well, another tax season is in the bag! While we decompress here at Edgar and Edgar, I thought it would be helpful to share our …
$3.235 billion! $ 7.763 billion! $42 billion!
According to the National Association of Unclaimed Property Administrators (NAUPA), in 2015, $3.235 billion of unclaimed property was returned to rightful owners, while $7.763 billion …
‘Tis the Season
We’ve had a few clients ask about taxes on gifts. Well, here’s the low-down. A tax-payer can give up to $15,000 per year/per recipient (2018) …
Tax Resolution 101
According to the IRS, in 2015 the IRS had 8.1 million open collections cases related to unpaid taxes totaling $137 billion dollars. That’s more than the entire annual budget for the US Department of Education. The new mission statement of the softer, gentler, tax payer friendly IRS is to “provide America’s taxpayers with top quality service by helping them understand and meet their tax responsibilities and by applying tax law with integrity and fairness to all.”
Using SecureFilePro
This week, with tax season beginning in earnest, we thought it would be helpful to talk a little about the file sharing portal we use …
Let Tech Help with Your Resolutions
With a New Year come the inevitable New Year’s Resolutions. As everybody knows, these resolutions are hard to keep, that’s why we only try once …
Don’t Horse Around! (Beware: Many more puns to follow)
For those of you out there who own racehorses (and let’s be honest – who doesn’t?), a change in the tax treatment of depreciating racehorses …
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Trump’s Tax Plan, Part 2: Fewer Itemizers?
In a previous blog, we discussed some of Trump’s proposed tax changes, and their potential impact on taxpayers. In this blog, we’d like to discuss …