MCG Accounting & Financial Solutions

01/23/2022

It’s full blown tax season!!!! IRS opens its e-file gates Monday! If you’re a business, it’s time to get your books done and to us! If you need a 1099 produced, there’s still time. Just contact us with the contractor info and EIN or with a W-4 for the contractor, and how much you paid them, and we’ll get your 1099 done before the January 31 deadline!!📁💰😁

06/30/2020

03/14/2020

12/23/2017

And, kaboom! The 2018 tax bill is a reality! Whether you see it as a monstrosity or a welcome tax break will depend on your personal situation! I have run 3 of my clients through a calculator, and two of them owed MORE, and 1 owed slightly less. In the meantime, tax season for 2017 is getting ready to start, and nothing has changed. Year end advice....same as always, except on steroids. Push all your expenses/ deductions into this year, push any income you can defer into 2018. Sole proprietors, you need to make an election to be treated as a Sub S Corp as that will save you major $ in 2018 and beyond. That election has to be received by the IRS by March 15th. Consult your accountant for assistance doing that and to help you understand what you will need to do. Call me for a free 1 hour consultation.

06/28/2017

Small business owners....have I got a deal for you! I am now accepting two more bookkeeping clients! This is your opportunity to get your books and taxes done at a reasonable cost. Quit trying to do what you do best AND then go home and do the books late at night. Quit worrying that when you get to year end, they will be all screwed up and need expensive work done on them to get them ready for your tax accountant. Contact me, Barb McGann, at [email protected] for a free one hour consultation to find out what I can do for you!!

04/24/2017

My favorite non-profit, Friends of Weiser River Trail, can use your help! IdahoGives is just 10 days away - May 4th !!! Log onto www.idahogives.org and search for Friends of Weiser River Trail and give generously (it's tax deductible) and we have matching donors so your donation will be 100% matched, effectively doubling the good you do in helping this organization maintain access to an 85 mile trail! If you care about recreational access, environmental stewardship this is a great cause!

Join me and give back!

03/19/2017

OK, all you procrastinators! We're into the last 30 days before April 18th. Your tax preparer wants to see you NOW! LOL. If you just can't gather up the docs you need, or still have bookkeeping to do, give them a call and ask for an extension to be filed. That way, your accountant/tax preparer doesn't have to pull all their hair out!

02/17/2017

Today is Random Acts of Kindness Day. Tell us about the random act of kindness you did.