CPA Blog

Tracking and Protecting Your Travel Deductions

#1 on the IRS hit-list for audit adjustments are going to be the business use of your automobile or truck. So says W. Murray Bradford of the Tax Reduction Institute (visit his website at Bradford Tax Institute) . Mr. Bradford is one of the U.S. foremost tax […]

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Are You Smarter Than a CPA?

How do you know you have a great CPA or tax preparer? “Jim” looked confused when we first met. “I think my taxes are wrong,” he said. The return looked good in its expensive binding, and it was a from well-known CPA firm, and there was an […]

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Ask The Godfather of Tax

Can I deduct donations made to a needy family? You can IF the money is first donated to a charitable organization (such as your church, synagogue, etc) and then donated to the needy family on your behalf. Donations made DIRECTLY to individuals are not tax deductible. Can […]

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