Author Archives: Carol

Carol McAtee & Associates, CPAS   What to Do if Your Form 1099 is Wrong As reported by Forbes at msn.com, it’s Form 1099 time, so these little tax reports will begin to arrive in our mailboxes. All the data … Continue reading →

Carol McAtee & Associates, CPAS   With 2014 drawing to a close, we want to thank our valued clients and friends for your part in making 2014 such a successful and rewarding year here at our accounting firm. We wish … Continue reading →

CAROL McATEE & ASSOCIATES, CPAS   Six Tips for Year-End Gifts to Charity We included this article in our firm’s December newsletter, but thought it would also be a valuable blog posting as 2014 draws to an end. If you’re … Continue reading →

CAROL McATEE & ASSOCIATES, CPAS The Patient Protection and Affordable Care Act of 2010 resulted in several changes to the U.S. tax code that affect individuals purchasing health care insurance through the health care exchanges. Let’s take a closer look … Continue reading →

Carol McAtee & Associates, CPAS   IRS Announces 2015 Mileage Rates The Internal Revenue Service announced standard mileage rates for 2015 today for taxpayers to use in calculating the deductible costs of using a car for business, charitable, medical or … Continue reading →

Carol McAtee & Associates, CPAS   Year-End Tax Planning for Individuals Once again, tax planning for the year ahead presents more challenges than usual, this time due to the numerous tax extenders that expired at the end of 2013. These … Continue reading →

Year-End Tax Planning for Businesses While the fate of several business-related tax extenders such as R & D credits and bonus depreciation that expired at the end of 2013 is uncertain, there are still a number of end of year … Continue reading →

Moving Can Affect Your Premium Tax Credit IRS Health Care Tax Tip 2014-17, Sept. 12, 2014 If you moved recently, you’ve probably notified the U.S. Postal Service, utility companies, financial institutions and employers of your new address.  If you get … Continue reading →

Scam Phone Calls Continue; IRS Identifies Five Easy Ways to Spot Suspicious Calls IR-2014-84, Aug. 28, 2014 WASHINGTON — The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists … Continue reading →