Update from Sean Core CPA regarding Tax News and Impact from the Coronavirus (COVID-19) April 2020
As the world is now aware, we are amid a global pandemic regarding the COVID-19 virus. At Sean Core CPA PLLC, we understand that there is no portion of society that has not been touched by this event. Due to the ongoing and ever-changing aspects of this healthcare crisis, our practice is making changes in […]
IRS Audits– Audit Triggers & Important FAQs to Know
IRS Audits are not fun! How does the IRS decide who to audit, and who not to? The IRS is increasing automated ways to trigger audit suggestions. Discover here the 4 triggers and FAQ about IRS audits to pay attention to in 2019 You may feel triumph or relief when you send in your taxes. […]
Do You Know the Safe Harbor Conditions of the IRC Section 199A Deduction?
The IRS issued a notice on January 18, 2019 about specific conditions under which your rental real estate enterprise may be treated as a trade or business. This safe harbor is available to taxpayers who want to claim the section 199A deduction with respect to a rental real estate enterprise. If you can meet the […]
Get Ready for Year-end Taxes – What You Need to Know about 2018 Tax Law Changes
The Tax Cuts and Jobs Act (TCJA) was signed into law in late December 2017, and this major tax reform will affect both business and individuals. The tax preparation experts at Sean Core CPA can help you understand these reforms and get ready for the upcoming tax season. Learn How 2018 Tax Reforms Will Impact […]
3 Tips for Filing Your Tax Extensions
Reminder: if you requested an extension earlier this year, your new filing deadline, October 15th, is fast approaching!. If you haven’t taken care of your 2017 taxes yet it’s time to get that task back on your radar. In light of the looming deadline, we wanted to take a moment to share these tips for extension […]
How Will Tax Law Changes Affect the Self-Employed in 2018?
Chances are, if you’re self-employed, you’ve already heard about some major tax changes. While you’ve probably picked up on the buzz by way of the news or social media, there’s a lot of mystique around this recent upheaval. The Tax Cuts and Jobs Act has certainly caused quite a bit of trepidation among business leaders […]