Justin Smith CPA
FinCEN BOI Requirements Starting in 2024
A little known but highly impactful rule is taking place in 2024 that most businesses are not aware of. The Corporate Transparency Act...
top of page
Justin Smith CPA
Certified Public Accountant
Search
Justin Smith CPA
Dec 11, 20223 min read
2022 Year-End Tax Planning
With 2022 quickly coming to an end, the time has come to prepare for the upcoming tax filing season and consider any last-minute moves to...
15 views0 comments
Justin Smith CPA
Jan 31, 20213 min read
Tax Season Kicks Off
The 2017 Tax Cuts & Jobs Act (TCJA) is still in effect for 2020 returns, but a flurry of legislation will make your tax returns a little...
21 views0 comments
Justin Smith CPA
Nov 29, 20203 min read
It’s time for year-end tax planning
With 2020 nearly over, it is time to prepare for filing your taxes and consider several items to prepare for the upcoming filing season....
22 views0 comments
Justin Smith CPA
Apr 29, 20203 min read
Get your federal stimulus and your PPP loan forgiven
The Internal Revenue Services has issued more than 88 million Economic Impact Payments (EIP) totaling approximately $158 billion since it...
14 views0 comments
Justin Smith CPA
Apr 29, 20202 min read
Small Businesses Count on the Paycheck Protection Program
The Small Business Administration (SBA) announced last week that it had exhausted its $349 billion authorization for the Payroll...
9 views0 comments
Justin Smith CPA
Apr 29, 20203 min read
What to do if you have a tax bill
Most taxpayers know by now the Internal Revenue Service has provided an automatic filing and payment extension to July 15 for this year....
8 views0 comments
Justin Smith CPA
Feb 23, 20202 min read
Tax Code Favors Homeowners
The real estate market continues to be incredibly hot, with Lee County placing 2nd only behind Baldwin County for the fastest growing...
8 views0 comments
Justin Smith CPA
Feb 23, 20202 min read
Key Documents to Maximize your 2019 Refund
The 2020 tax filing season has opened! The Internal Revenue Service expects more than 150 million returns will be filed this year, and...
7 views0 comments
Justin Smith CPA
Feb 23, 20203 min read
Key Tax Deductions for This Year's Returns
The 2019 standard deduction increased to $12,200 for single filers, $18,350 for heads of household and $24,400 for married filers. The...
7 views0 comments
Justin Smith CPA
Feb 23, 20202 min read
Tax Credits Boost Your Refund
Tax credits are different, and often more valuable, than tax deductions because they are actual reductions in your income tax due. For...
7 views0 comments
Justin Smith CPA
Jan 28, 20202 min read
Individual mandate is gone; the new deal with Form W-4
The 2017 Tax Cuts & Jobs Act repealed the penalty for not having medical insurance all year (the “individual mandate”), but it did not go...
9 views0 comments
Justin Smith CPA
Jan 14, 20203 min read
Your child should invest in a Roth IRA
Parents desire to leave their children better off than they were themselves. That simple wish has long been part of the American dream....
26 views0 comments
Justin Smith CPA
Dec 7, 20192 min read
Year End Tax Planning Tips and Information
With 2019 nearly over, it’s time to prepare for filing your taxes. Let’s look at a number of tax tips that you should keep in mind before...
7 views0 comments
Justin Smith CPA
Mar 31, 20192 min read
How you should handle large tax bills
No one likes to hear they have a large tax bill due at the end of the year. As an accountant, I do not look forward to communicating...
13 views0 comments
Justin Smith CPA
Mar 31, 20192 min read
How will you spend your tax refund?
The Internal Revenue Service reported that 67.7 million individual tax returns have been filed through March 8. Of those, approximately...
4 views0 comments
Justin Smith CPA
Mar 17, 20192 min read
Tax considerations for landlords and homeowners
More and more people are finally selling their formerly underwater rental homes or upgrading to their dream forever home as the economy...
14 views0 comments
Justin Smith CPA
Feb 16, 20192 min read
Bring these files when you are ready to complete your taxes
Tax season is now underway, and most people know the fastest method to obtain your tax refund is to e-file with direct deposit. However,...
10 views0 comments
Justin Smith CPA
Feb 8, 20192 min read
TCJA Changes Form 1040 and your 2018 Tax Return
The sweeping changes from the 2017 Tax Cuts And Jobs Act (TCJA) is only now affecting many taxpayers’ returns. While rates were reduced...
14 views0 comments
Justin Smith CPA
Feb 2, 20192 min read
TCJA Changes Form 1040 and your 2018 Tax Return
The sweeping changes from the 2017 Tax Cuts And Jobs Act (TCJA) is only now affecting many taxpayers’ returns. While rates were reduced...
11 views0 comments
bottom of page