Tag Archives: Carol McAtee

Getting Schooled – Maximizing Education Tax Credits

Pay tuition. Get tax credits. $2,500 here; $2,000 there. Education credits are seemingly straightforward but are they as straightforward as they seem? Not really and not always. Shameless plug. We just make it look straightforward. REINFORCING THE BASICS. The American … Continue reading

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Make That Kid Work For You. Part 2 of 2. No Kidding, The Kiddie Tax

Last week we broke the news that according to the Department of Agriculture, with middle-class income of $59,200-$107,000, it is going to cost you a whopping $233,610! to raise that kid until the age of 17. Families with lower incomes … Continue reading

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UPDATE FROM THE OFFICES OF CAROL McATEE & ASSOCIATES, CPAS, St. Petersburg, Florida

Carol McAtee & Associates, CPAs   . . . . .continued from last week’s post, Never too Early to Start Thinking About Filing the Next Tax Return Consider Making IRA Contributions Contributions to an Individual Retirement Account (IRA) are a … Continue reading

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CPA Firm: Using a Tax Professional Can Actually Save You Money

From Carol McAtee’s CPA firm in St. Petersburg, FL – The Internal Revenue Service (IRS) reports that an increasing number of taxpayers are using software programs to prepare and file their own tax returns. However, the cost savings may not … Continue reading

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Florida CPA Talks IRS Retirement Plan Limitations for 2011

From Carol McAtee’s CPA firm in St. Petersburg, FL – Cost of living adjustments affecting the limitations of contributions to retirement related plans for the tax year 2011 have been announced by the IRS. In general, the inflation adjustments for … 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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