Monthly Archives: November 2011

The Perils of Tax Software

From Carol McAtee’s CPA firm in St. Petersburg, FL– IRS statistics show that an increasing number of taxpayers are using software programs to prepare and file their own returns. However, the cost savings may not be worth it. Given the … Continue reading

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Five Things Taxpayers Should Know About Getting Audited

From Carol McAtee’s CPA firm in St. Petersburg, FL–Now that your 1040 has been filed, the question is: will the IRS come a-calling? Audit letters typically go out 18 months after the filing date of the return. Listed below, are … Continue reading

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Deducting Employee Business Expenses

From Carol McAtee’s CPA firm in St. Petersburg, FL– If you are a taxpayer that works for someone else (other than yourself), you may be able to deduct certain work related expenses you have paid out-of-pocket. However, the rules for … Continue reading

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