by Charles Watson | Mar 20, 2020 | Blog
In a previous post we had notated that the IRS had not yet extended to the tax filing deadline. They had only extended the date for any balances due. Today, Treasury Secretary Steven Mnuchin announced ow the IRS is extending the federal income tax filing deadline to...
by Charles Watson | Mar 19, 2020 | Blog
The novel corona-virus that causes the respiratory disease COVID-19 has been detected in 60+ countries, including the United States. At the time of this writing, there have been 236,877 cases and 9,828 deaths worldwide. While only 155 of these deaths have occurred in...
by Charles Watson | Mar 18, 2020 | Blog
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...
by Charles Watson | Mar 18, 2020 | Blog
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...
by Charles Watson | Mar 12, 2020 | Blog
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...
by smart | Jan 13, 2016 | Blog
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...
by smart | Oct 26, 2015 | Blog
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...
by smart | Sep 28, 2015 | Blog
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...
by smart | Jun 25, 2015 | Blog
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...