Author Archives: Carol

McAtee & Associates, CPAS   Did you know that a name change could impact your taxes? Here’s what you need to know:                              A Name Change Could Affect your Taxes 1. Report Name Changes. Did you … Continue reading →

McAtee & Associates, CPAS   What should you do if you already filed your federal tax return and then discover a mistake?  First of all, don’t worry….                                           Filing an Amended Tax Return In most cases, all you have … Continue reading →

Carol McAtee & Associates, CPAS   After several weeks of quite technical posts about the PATH and FAST Acts, our post this week is much lighter reading, but still gives you very, very important information you will want to be … Continue reading →

McAtee & Associates, CPAS Back on the PATH Act trail with more details for you to consider …. Protecting Americans from Tax Hikes (PATH) Act (Part 3) Nonextender Provisions in the PATH Act In addition to the tax extenders enacted … Continue reading →

McAtee & Associates, CPAS   Back on the PATH Act trail with more details for you to consider …. Protecting Americans from Tax Hikes (PATH) Act (Part 2) Bonus Depreciation The PATH Act extends bonus depreciation (additional first-year depreciation) for … Continue reading →

McAtee & Associates, CPAS   More tax law changes and extensions you should know about…..                                   2015 Year-end Tax Legislation Impacts All Taxpayers On December 4, 2015, President Obama signed the Fixing America’s … Continue reading →

Carol McAtee & Associates, CPAS   More detailed de minimus safe harbor information for your consideration as to how it may apply to and benefit you….. De Minimis Safe Harbor for Expensing Increased  The IRS increased from $500 to $2,500 … Continue reading →

Carol McAtee & Associates, CPAS   This week we are highlighting information directly from the IRS’s website’s which is important for you if you have a financial interest in or signature authority over a foreign financial account.                 Report of … Continue reading →

McAtee & Associates, CPAS   This week, we are sharing more income tax savings information you may be able to use…..                        Employee Business Expenses If you pay for work-related expenses out of your own pocket, you may be able … Continue reading →

McAtee & Associates, CPAS              Tax Planning Strategies to Use This Year Looking to save money on your taxes this year? It’s never too early to start planning ahead using these proven tax planning strategies. Max … Continue reading →