Author: Alicia

2019 Mileage Rates

Do you use your car for business, medical, or charitable reasons?  That mileage may be deductible and here are the standard mileage rates for tax year 2019: Business: 58 cents/mile (up from 54.5 cents/mile in 2018) Medical: 20 cents/mile (up

2019 Tax Filing Season Dates

It’s that time again to think tax season for filing your 2018 tax return!  Even with the government shutdown still in process, the IRS has assured taxpayers that returns will still be accepted and refunds will still be issued.  Here

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Filing Late?

It happens to the best of us–April 15 (or 17th as it was this year) comes and goes without filing a tax return or extension.  Even for those that file an extension, October 15 often comes and goes without filing

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Business Meals Still Deductible

I don’t know about other tax professionals but the Tax Cuts and Jobs Act (TCJA) gave me a run for my money during the holiday season last year as I tried to get up to speed on all the tax

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College Invest® 529 Plan Match

For those living in Colorado and wanting to save for college via a 529 plan, College Invest® is the only one that will allow you a deduction on your Colorado state tax return (think automatic 4.63% return on investment). For

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Filing Status Part 3 of 3

Thanks for hanging in there for filing status part 3 of 3!  This part deals with Head of Household (HOH) which at face value should be another simple filing status to understand but from my experience can get a little

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Filing Status Part 2 of 3

To quote one of my all-time favorite movies The Princess Bride (must read with an intoned lisp), “Marriage, marriage is what brings us together today.” What brings us to part 2 of 3 for filing status are the filing statuses

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Filing Status Part 1 of 3

Besides your name, address, Social Security number, and if you want to donate to the presidential election campaign (who really even looks at that?) the first thing to mark on the 1040 Individual Income tax return is filing status.  What

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Supreme Court Sales Tax Decision

I might be dating myself a little here but ever since I started learning tax law (you know like back in the stone age when Amazon had yet to turn a profit and Google wasn’t a verb) the 1992 Quill

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Updated Tax Deductions for the Self-Employed

With a new year and a few changes to rules/rates, here is an updated version of my pamphlet Tax Deductions for the Self-Employed. Tax Deductions for the Self-Employed Also, if you have questions about the many changes to the deduction

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