Sean McNeely, EA

12/31/2020

Tax tip for those that have business use of their vehicle. Remember to notate your odometer reading tomorrow to keep track of your annual mileage!

03/29/2020

https://www.kiplinger.com/article/spending/T063-C000-S001-stimulus-checks-2020-how-much-when-and-other-faqs.html?rid=EML-tax&utm_source=tax&utm_medium=email&utm_campaign=20200329-tax&rmrecid=2382238397

People have a lot of questions about the economic stimulus checks that will be mailed soon. We have answers.

02/23/2018

https://www.cnbc.com/2018/02/22/what-tax-pros-say-you-should-do-before-heading-their-way.html

There are things you can do to make sure you're getting the most out of having someone do your taxes.

02/04/2018

Warning. There is a TV commercial by TaxAct that suggests a dog walker can deduct his walking shoes. This is blatantly incorrect. Tax Pros all over will verify this. I am appalled that a national ad campaign is putting out such false info.

01/12/2018

A friendly reminder that 4th quarter estimated payments are due January 16th.

01/12/2018

Just a heads up! The withholding on your paycheck will likely change in the next month. The IRS has updated it's withholding tables to work with the new tax laws, and companies need to implement these changes by Feb. 15. New W-4s are in the process of being created to further best match withholding to your situation. Until then, your previous W-4s are being used.

12/21/2017

This new tax bill is almost law. It just needs the President's signature now. Rest assured, I will be working hard to fully understand everything that will change in the new year.

One easy item to point out. Take a look at your 2016 tax return. Any deductions claimed on Schedule A, line 27 will no longer be allowed. (This includes: union dues, tax prep fees, job travel, job education, investment expenses and other unreimbursed employee expenses). While this won't affect everybody, for those it does affect, it is quite significant.

12/03/2017

For my musician clients and others as well... while nothing is set in stone yet, this gives some potential strategies for what to do for the rest of the year.

Tax Bill Passes; Strategies for Musicians Posted On December 2, 2017 By Scott In Financial Planning / Two weeks ago, we posted how musicians would lose their tax deductions under the proposed tax bill in the Senate. Let me again state that this applies to musicians who take itemized deductions on....

09/06/2017

For those doing estimated payments... a friendly reminder that the 3rd quarter payments are due September 15.

06/02/2017

For those doing estimated payments... a friendly reminder that the 2nd quarter payments are due June 15.

06/02/2017

For any of you that are concerned about those "IRS" phone calls. You can always check for yourself if you have any balance due with the IRS. www.irs.gov/balancedue You will need to verify your identity to access your info.

04/18/2017

April 18, 2017 marks the official end of this tax season. BUT, it is also the due date for the first estimated payments for next year. Don't forget to get that in as well.

Also know that I am here year-round to help out with your tax needs, should something come up that needs attention.