srfcpas.com RSS Feed https://srfcpas.com/ Take a look at our recent blog posts and client newsletter articles. en-us Mon, 01 Mar 2021 09:00:00 -0600 Mon, 01 Mar 2021 09:00:00 -0600 Tax Breaks for Families With Children https://www.srfcpas.com/newsletter.php#3 If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#3 Small Business Tax Roundup https://www.srfcpas.com/newsletter.php#4 In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#4 Renting Out a Second Home https://www.srfcpas.com/newsletter.php#2 Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#2 Capital Gains Tax on Sale of Stocks https://www.srfcpas.com/newsletter.php#5 If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#5 Avoiding an IRS Tax Audit https://www.srfcpas.com/newsletter.php#1 With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#1 What's New for 2020 Tax Returns https://www.srfcpas.com/newsletter.php#2 Taxpayers should be aware of several key items involving credits, deductions, and refunds when filing their tax returns this year. Mon, 01 Feb 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#2 Taxable vs. Nontaxable Income https://www.srfcpas.com/newsletter.php#5 Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick (and easy) answer is that all income is taxable unless the law specifically excludes it. Mon, 01 Feb 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#5 Tax Filing Season Starts February 12 https://www.srfcpas.com/newsletter.php#1 The IRS begins accepting and processing 2020 tax year returns on Friday, February 12, 2021. Mon, 01 Feb 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#1 Social Security Benefits and Taxes: The Facts https://www.srfcpas.com/newsletter.php#4 Generally, you pay federal income taxes on your Social Security income only if you have other substantial income in addition to your benefits. Mon, 01 Feb 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#4 Employer Tax Credit Extended for Payroll Workers https://www.srfcpas.com/newsletter.php#3 Extended through June 30, 2020, the Employee Retention Credit helps businesses keep their employees on the payroll - despite the challenges posed by COVID-19. Mon, 01 Feb 2021 09:00:00 -0600 https://www.srfcpas.com/newsletter.php#3 SRF Accounting Group, LLC = 1031 Experts https://srfcpas.com/blog.php?id=11 SRF Accounting Group, LLC = 1031 Experts NJ NY NYC Bergen Thu, 25 Jan 2018 09:00:00 -0600 https://srfcpas.com/blog.php?id=11 International Cash and Assets (Part 2) https://srfcpas.com/blog.php?id=12 Offshore Voluntary Disclosure Program (OVDP) FBAR Streamlined Foreign Offshore Procedures (SFOP) Thu, 25 Jan 2018 09:00:00 -0600 https://srfcpas.com/blog.php?id=12 International Cash and Assets https://srfcpas.com/blog.php?id=13 Offshore Voluntary Disclosure Program (OVDP) FBAR Streamlined Foreign Offshore Procedures (SFOP) Thu, 25 Jan 2018 09:00:00 -0600 https://srfcpas.com/blog.php?id=13 My lawyer told me to open an LLC!? https://srfcpas.com/blog.php?id=10 Fri, 12 Jan 2018 09:00:00 -0600 https://srfcpas.com/blog.php?id=10 A Letter You Never Want to Receive https://srfcpas.com/blog.php?id=9 n addition to saving our clients on taxes, we provide peace of mind that their business and personal returns are prepared correctly. Many of our returns are reviewed by two CPAâ??s before they are filed. I have previously written a few examples of tax savings but one of the best benefits of hiring SRF Accounting Group, LLC is knowing that we do things right. Here are a few examples of prospective clients whom we noticed had not had their taxes prepared correctly in years prior or worse, who we could not take on as clients because we didnâ??t feel that their business practices were necessarily... kosher. Fri, 12 Jan 2018 09:00:00 -0600 https://srfcpas.com/blog.php?id=9 1031 EXCHANGE https://srfcpas.com/blog.php?id=7 1031 EXCHANGE Fri, 12 Jan 2018 09:00:00 -0600 https://srfcpas.com/blog.php?id=7 $600,000 Refunded to our new client https://srfcpas.com/blog.php?id=6 When was the last time you heard someone lose $600,000, but were able to get it back? For one of our new clients, everything changed when they hired us. Fri, 12 Jan 2018 09:00:00 -0600 https://srfcpas.com/blog.php?id=6 $40,000 Tax Return Error https://srfcpas.com/blog.php?id=8 $40,000 Tax Return Error Fri, 12 Jan 2018 09:00:00 -0600 https://srfcpas.com/blog.php?id=8 How Business Entities Affect Business Taxes https://srfcpas.com/blog.php?id=5 Mon, 13 Mar 2017 09:00:00 -0500 https://srfcpas.com/blog.php?id=5 The Advantages of Part-Time CFO Services https://srfcpas.com/blog.php?id=4 Fri, 24 Feb 2017 09:00:00 -0600 https://srfcpas.com/blog.php?id=4 What Are Audits, Reviews, and Compilations? https://srfcpas.com/blog.php?id=3 Fri, 10 Feb 2017 09:00:00 -0600 https://srfcpas.com/blog.php?id=3 The Records You Should Keep https://srfcpas.com/blog.php?id=2 Tue, 14 Jan 2014 09:00:00 -0600 https://srfcpas.com/blog.php?id=2