Helpful Tips & Reminders


Did You Know???

  • NO Government Agency will EVER contact you by email or initiate contact by phone.

This should be reported immediately SCAMS are RAMPANT right now.  Go to to report fraudulent activity.  If the IRS or FTB does contact you by phone, do not speak to them yourself!  Tell the representative that you will have your tax preparer contact them on your behalf.  End the call and call us.

  • ALL TAXPAYERS will have to show proof of medical insurance for tax purposes, for every person listed the tax return (dependents included).
  • Lenders – Lenders have up to 4 years to finalize COD/Foreclosure situations.
  • Cancellation of Debt (COD) – Whether it’s tied to a mortgage, credit card, or anything in between, be aware that it is considered ordinary income, and must be reported as such.
  • Rental & Business Owners – If you have paid $600 or more to an independent contractor or small business for services at your business or rental property, they you are required to issue a 1099-Misc by January 31st. Be sure to get the name, address, and SSN/EIN to make your cost an eligible deduction.
  • Business Mileage – Thanks to the world of APPs, it’s easier than ever to keep track of your business mileage!    
  • Medical Expenses Deduction – IF your medical expenses are at least 10% of your total household income (7.5% for anyone age 65 & over), you may be eligible to receive a medical expenses deduction.
  • College Tuition College tuition expenses & related fees are a great tax break, BUT usually cannot be deducted when the student has a drug related conviction.
  • Important Documents – You should retain all paperwork for any real estate purchases or sales for at least five years after selling, losing, or abandoning a property. You should keep your tax returns for a minimum of three years.
  • Online Purchases – You must keep track of and pay sales/use tax not charged to you on any online purchases. *This has always been a requirement, but IRS has been tracking closely in recent years.
  • Major Life Changes – You should come to see us in the off-season when big changes or difficult situations arise. This allows you to plan accordingly & hopefully avoid tax-related surprises.  Example: Marriage/Divorce, Birth/Death, Promotions/Retirement, Home sale/purchase, etc.      

 Additional Notes:

  • Please call to confirm or reschedule any pre-scheduled appointments.
  • Minimize costs for everyone by getting your “homework” done as soon as possible.
  • Would you like to receive an electronic copy of your completed tax returns, rather than a printed copy? Just let us know.
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