Category Archives: Uncategorized

2010 Tax Relief Act Extends Many Tax Cuts

From Carol McAtee’s CPA firm in St. Petersburg, FL – On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 into law. The Act extends the Bush income tax cuts for … Continue reading

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Selecting the Wrong Tax Form May Cost You Money

From Carol McAtee’s CPA firm in St. Petersburg, FL –Most people hate filling out tax forms almost as much as they hate paying taxes. This is why it is important for taxpayers to have the right professional guidance when filing … Continue reading

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IRS to Start Processing Delayed Returns

From Carol McAtee’s CPA firm in St. Petersburg, FL – Beginning on February 14, the Internal Revenue Service plans to start processing tax returns delayed by last month’s tax law changes. However, taxpayers affected by the delay can begin preparing … Continue reading

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Small Business Health Care Tax Credit

From Carol McAtee’s CPA firm in St. Petersburg, FL – Under the Patient Protection and Affordable Care Act, approved by Congress and signed into law on March, 23, 2010, your business may be eligible for a tax credit.  In order … Continue reading

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Rental Expense Reporting – Form 1099

From Carol McAtee’s CPA firm in St. Petersburg, FL – Beginning in 2011, taxpayers receiving rental income will be required to file information returns (Form 1099) with the IRS for all rental property expenses paid by the taxpayer in amounts … Continue reading

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Fall 2010 Year-End Tax Planning for Individuals

From Carol McAtee’s CPA firm in St. Petersburg, FL- With the end of the year approaching, it is time to begin thinking about the next tax filing season. A small business bill passed by Congress just a few weeks ago … Continue reading

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Tax Deductions for the Business Traveler

From Carol McAtee’s CPA firm in St. Petersburg, FL –As a CPA I see many people who have lost their jobs.  The unemployment rate in Florida is way above the national average. I was recently  interviewed on the topic and I … Continue reading

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Job Loss and Taxes : What You Need To Know

From Carol McAtee’s CPA Firm in St Petersburg, FL– I have been talking with many people lately who have found themselves with tax and accounting questions surrounding  job loss and unemployment issues. Here are the questions they have been asking and what I … Continue reading

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Hello, this is the first post in my new blog. I am looking forward to sharing information that I hope you will find helpful related to accounting, taxes and general business issues. Also, I will from time to time share … Continue reading

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