Terina Rose EA & Associates LLC

12/22/2025

The Grinch stole the presents… and our office hours. 🎁 We’ll be closed Wednesday–Friday for Christmas while we enjoy time with our families. We’ll be back and ready to help on Monday.

Merry Christmas from all of us at Terina Rose EA & Associates.

11/11/2025

🇺🇸 Happy Veterans Day!
Today, we honor and thank all who have served our country with courage and dedication. We’re especially proud to see Herbert Rose, husband of our owner Terina Rose, recognized on the Lamar “Heroes Across America” billboard in downtown Covington.

Your service and sacrifice inspire us every day. ❤️🤍💙

03/20/2025

Tick Tock ⏰

03/14/2025

💸 Got a tax bill? Here’s how to pay! 💳

You can use credit or debit cards, but there are limits and fees to keep in mind:
✅ Debit card: $2.15 fee
✅ Credit card: 1.75% (min $2.50)
✅ Business cards: 2.89% (min $2.50)

Heads up — there’s a limit on how often you can use cards each year/month, so plan ahead!

Learn more in our March Newsletter: https://buff.ly/2VBASn4

03/12/2025

Can you claim your dog as a dependent? 🐶 🤔

We wish! If belly rubs and unconditional love counted as income, they’d be our biggest assets. 😅

While your furry friend doesn’t qualify as a dependent, some pet-related expenses *might* be deductible — like service animal costs or certain business-related expenses. 🐾

03/11/2025

🎯 Tax Season Bingo is here! How many of these relatable tax moments have you checked off? ✔️

From “Googled ‘what is a deduction?’” to “Found a random receipt from 2019” — we’ve all been there! 😅 Play along and let us know... Did you get BINGO? 🤑

03/10/2025

We are honored to be nominated for Best of St. Tammany and would appreciate your support for Best Accounting Firm! ✅

Vote once per day from March 10 through March 28.

03/07/2025

🚨 Protect Your Business from Cybercrime

Business identity theft is real—and it can be devastating. Signs of business identity theft include the inability to file a tax return because a return has already been filed using the business ID number, a request for a routine extension is rejected, and tax transcripts obtained by the business don’t match its tax returns.

Stay ahead of the hackers:
🔒 Install anti-virus & anti-malware software
🔒 Use multi-factor authentication
🔒 Encrypt & back up sensitive data
🔒 Limit access to critical files

03/04/2025

Happy Mardi Gras from our team! 💚💜💛

03/04/2025

Our office will be closed Mardi Gras day. We hope everyone has a fun and safe Fat Tuesday! 💛💚💜

02/26/2025

Deduction vs. Credit 🤔
Many taxpayers are unclear on the difference between deductions and credits. Both can be powerful tax-saving tools. Here’s how they each work:

✅ Deductions lower a taxpayer’s taxable income before the tax is calculated. For instance, on an individual return, you can either claim the standard deduction or itemize deductions, depending on which option reduces your taxable income more.

✅ Credits directly reduce the tax due, dollar-for-dollar. As a result, credits are more valuable than deductions of the same dollar amount. Some credits, such as the Child Tax Credit, are partially or fully refundable, meaning that if the credit exceeds the tax owed, the taxpayer may receive some or all of the difference as a refund.

02/21/2025

Can You Take the Home Office Deduction?

If you're self-employed and use part of your home exclusively for business, you may qualify for the home office tax deduction. But the rules are strict!

Eligible expenses include direct costs like repairs and furniture, plus a portion of utilities and mortgage interest. You can also opt for the simplified method—$5 per square foot, up to $1,500 annually.

It’s complex, but we can help! Contact us to see if you qualify and maximize your deduction.

Learn more about rules and eligibility in our February newsletter: https://buff.ly/3X2bLcs