When Will My Tax Return Be Completed?

When Will My Tax Return Be Completed?

There’s no denying it – tax time is stressful. If you’ve never used our firm to prepare your tax return before or haven’t sent in your 2019 tax information yet, your mind may be flooded with questions: When is my tax information due to your office? What...
A New Scam Is In The Works – Early 2020

A New Scam Is In The Works – Early 2020

It’s one of the first things you learned to write in Kindergarten. At a young age you were taught to memorize this formula and have been filling in its blanks every day since then.  What is it? It’s the date – mm/dd/yy. But in 2020, we’re suggesting a change, or...
Taxes and Deadlines and Forms, Oh My!

Taxes and Deadlines and Forms, Oh My!

Tax Season is arriving faster than this past summer left us. But fear not! If you’re reading this, you’re already one step closer to enjoying a stress-free tax season! Keep in mind the following reminders and deadlines and you’ll be on the yellow brick road to...
All You Need to Know About Form 1099-MISC

All You Need to Know About Form 1099-MISC

What are 1099s? This tax form reports the movement of money from one entity or person to another entity or person. In addition to Form 1099-MISC that reports subcontractor payments, there are additional 1099 tax forms that serve different purposes as follows: 1099-INT...
A Beginner’s Guide to Tax Planning

A Beginner’s Guide to Tax Planning

Do you think your CPA has you covered? Most people think so. But is your CPA taking full advantage of deductions, retirement strategies, and location specific policies that could reduce your taxes by thousands of dollars? Probably not. At Alfano & Company, we...