IRS Did Not Extend The Filing Deadline

IRS Did Not Extend The Filing Deadline

There is a lot of news circulating about how the 2019 tax deadline has been extended until July 15th 2020. That is not actually case. As of this writing there has actually been no change to the annual tax filing deadline. The deadline to file your 2019 personal tax...
Coronavirus: FAQ for Employers

Coronavirus: FAQ for Employers

The novel corona virus is not only affecting the health of this country but it is also affecting the economy, this will include our employer and employee relationships. Let’s be honest a lot of small business are being impacted right now. This is forcing a lot of...
COVID-19 Preparation

COVID-19 Preparation

In light of all the recent developments surrounding the corona virus, all of us at Smart want to assure our clients that their health and safety is of our upmost concern. We are monitoring all the developments and are taking whatever steps necessary to protect...

What if you win the lottery?

You just won the $1.5 billion Powerball lottery…. After that sinks in for a minute, you start wondering how much cash you will really get. Unfortunately, it won’t be anywhere close to $1.5. Assuming you want to take the lump sum, that’s a 38% reduction, and your...

Top Ten Spooky Things About Bookkeeping

In keeping with the spookiness of Halloween we thought it would be fun to post some of the scary sides of bookkeeping: 1. All of your checks are coded to “Miscellaneous”, “Ask my accountant”, or “Who the hell knows” 2. Your idea of...

How to deduct your Tailgate Party!

Praise the Lord and pass the hot wings, FOOTBALL season is here! And in the South you can’t have football without a Tailgate Party. But what if your next Tailgate could be a tax deduction?   Believe it or not, there are a few tax strategies that could allow you...

4 Simple Steps to Make Your Tax Season Tolerable

Tax season is upon us, and that means you’ve likely found yourself gathering documents, organizing files, and potentially coming to terms with some long-term procrastination. While there’s no skirting around the detail that goes into preparing your taxes, there are a...