When estate planning, the items that make up tangible personal property, such as jewelry and antiques, may be the most difficult to plan for because of their sentimental value. A personal property memorandum may be the answer. http://bit.ly/2OeDaah
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4th of July Fireworks
Millennials are changing our tax practices. Here’s how http://bit.ly/2YbrqG8
Labor Day Football
The Good: Recognition of hard work, extended weekend, football is back.The Bad: “End” of Summer, hot dog season and wearing white.Happy Labor Day weekend everyone from your friends at Squire, Lemkin + Company!
Make endowment funding your nonprofit’s ally
Income from endowment funds may be able to help your not-for-profit meet operating expenses, ease cash-flow problems and supplement next year’s annual budget. But you need to pay attention to several factors, including investment performance, inflation, operational changes and — the only factor you can truly control — your nonprofit’s spending policy. Know your restrictions […]
Holiday Schedule
Our offices will be closed on Monday, December 26th and Monday, January 2 in honor of the respective holidays. We wish you a very happy holiday season.
Filing a paper return? Be sure you understand the “timely mailed = timely filed” rule
The IRS considers a paper return that’s due April 15 to be timely filed if it’s postmarked by midnight on April 15. But dropping your return in a mailbox on the 15th may not be sufficient.For example, let’s say you mail your return with a payment on April 15, but the envelope gets lost. You […]
IRS Warns of Email Phising and Pervasive Telephone Scams
IRS has been notified there is a new email phising scam. The emails appear to be from the IRS and include a link to a bogus web site intended to be the official IRS web site. These emails direct you to update your IRS e-file immediately. The emails mention USA.gov and IRSgov, not IRS.gov (IRS-dot-gov). […]
SL+Co. – Strategic Planning Meeting
SL+Co. held a firm-wide strategic planning meeting Thursday, May 8. The strategic planning meeting was facilitated by Tom Hood, Executive Director of the MACPA.
Top Items if E-Filing Your Return
Here are the top three items to consider if you are e-filing your return: Review your return – name, address, social security number/EIN, and information on return Sign Form 8879 and all applicable state(s) e-file authorization forms were indicated. Return to our office as soon as possible via e-mail (efile@mycpas.com) or fax (301-424-6892). You DO […]