Gatson CPA LLC

03/01/2024

In 2023, our President, Melvin Gatson, CPA was featured in Voyage KC’s publication.

Today we’d like to introduce you to Melvin Gatson. Melvin Gatson Hi Melvin, can you start by introducing yourself? We’d love to learn more about how you got to where you are today. I started my accounting journey in high school when I took my first accounting course. I graduated from Sumner Acad...

01/11/2024

If passed, the child tax credit would be a little more fruitful for lower income families due to it being fully refundable (google refundable vs nonrefundable credits).

The business related tax changes bring back the deduction on R&D which a lot of smaller businesses don't take advantage of anyway.

US congressional negotiators are nearing a bipartisan deal to renew expired business tax breaks and boost the child tax credit in time for many voters to receive the benefit during the current election year.

01/11/2024

📢 Get ready for the 2024 tax season! Mark your calendars: electronic filing starts on January 29. Don't forget the 1099 deadline on January 31! Individual income tax filing is due by April 15, with an extension available until October 15 (remember, it's an extension to file, not to pay). For Partnership and S corporations, the deadline is March 15 (can extend to September 15). Let's make sure you're prepared! 💼

01/09/2024

You can officially e-file on 1/29/24.

01/09/2024

Tax season is here, but don't stress! Gatson CPA is here to help you navigate your taxes with ease. Book your appointment now at www.gatsoncpa.com and let us take the hassle out of tax season.

Website/Blog of Kansas City, KS native Melvin Gatson, CPA. Dedicated to helping people reach their personal, financial, and career goals.

09/29/2023

09/17/2023

The Internal Revenue Service said Thursday it will pause accepting claims for a pandemic-era tax credit until 2024 due to rising concerns that an influx of applications are fraudulent.

09/11/2023

Good topic for my residential real estate investors out there or those new to residential real estate investing.

I get this question often about what depreciation is and why would you get a depreciation deduction when the value of real estate is actually going up over time. I think it's a great question and I have an answer for you. There is undoubtedly additional explanation here, but in the spirit of simplic...

07/18/2023

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02/01/2023

Having diversity of asset allocation and asset location helps to take advantage of different tax strategies and their benefits.

01/21/2023

Top 10 tax cases of 2022. I look forward to this every year! Tony Nitti does a great job of making exciting and you learn a ton.