Les Merritt News

RED FLAGS FOR AN AUDIT

There are a number of indicators on a tax return that can trigger an audit. One of the best reasons to use CPAs to do your taxes is that they are aware of most of these. No one wants to be audited. In 2016 only.7% of individual and .8% of small business returns were audited. […]

TIME FLIES, 9 WEEKS LEFT

Here we are in the third week of February and many corporate tax returns are due in five weeks; personal returns in nine weeks. How time flies in this new year! If you haven’t started working with an accountant, you may not be able to get these in on time and may need to file […]

GROUNDHOG DAY AND TAXES

Looks like another six weeks of winter. Punxsutawney Phil saw his shadow, so no early Spring. So what do groundhog day and taxes have to do with each other? Unlike the characters in the Groundhog movie, you can avoid waking up each morning dreading that your taxes have not been prepared if you take steps […]

THE DREADED B WORD

  So, January is nearly over and many of our New Years resolutions have gone by the wayside. If one of those was the dreaded B word, budget, perhaps it is time to reconsider. Should revive your plan for 2018? The first thing you might do is remember why you were going to create your […]

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