Tull, Forsberg, & Olson PLC

Tull, Forsberg, & Olson PLC Expert CPAs empowering businesses and individuals with reliable accounting and tax solutions.

⭐ the SMART Method ⭐Looking to achieve your financial goals? 💵 Give the SMART method a try! This approach, emphasizing s...
04/29/2026

⭐ the SMART Method ⭐

Looking to achieve your financial goals? 💵 Give the SMART method a try! This approach, emphasizing specificity, measurability, achievability, relevance, and time-bound planning, can turn your financial aspirations into reality within a realistic timeframe. 📅 Guidance to navigate through life's challenges towards financial success is just a call away. 📈💰

Contact us today for more helpful tips at 602 277 5447.

🇺🇸 Celebrating our heroes and our leaders today — Happy Veterans Day and Boss’s Day!
11/12/2025

🇺🇸 Celebrating our heroes and our leaders today — Happy Veterans Day and Boss’s Day!

What is the difference between accounts payable and accounts receivable?🔹 Accounts payable refers to the amount that a c...
11/10/2025

What is the difference between accounts payable and accounts receivable?

🔹 Accounts payable refers to the amount that a company owes in order to purchase goods and services on credit from a vendor or a supplier. It acts as a liability.
🔹 Accounts receivable refers to the amount that has to be collected by a company due to the selling of goods or services on credit. It acts as an asset to the company.

More questions? Give us a call at 602 277 5447!

Happy Halloween from your “not so scary” accountants at TF&O! 🎃👻Thank you to the partners for treating us to lunch, ice ...
10/31/2025

Happy Halloween from your “not so scary” accountants at TF&O! 🎃👻

Thank you to the partners for treating us to lunch, ice cream, and fun Halloween trivia this afternoon!

How many costumes can you name??? 😄

🔹 September 15th ▪ Third quarter estimated tax payment due for individuals who pay quarterly estimates.▪ Extended deadli...
09/15/2025

🔹 September 15th
▪ Third quarter estimated tax payment due for individuals who pay quarterly estimates.
▪ Extended deadline for partnerships (Form 1065) and S-corporations (Form 1120-S) calendar year filers to file.
▪ Certain corporations with a fiscal year ending June 30 must file by this date.

🔹 September 30th
▪ Extended due date for fiduciary (estates & trusts) income tax returns (Form 1041).

🔹 October 15th
▪ Final extended deadline for individuals (Form 1040) and calendar-year C-corporations (Form 1120) if they filed for a 6-month automatic extension.
▪ After this date, failure to file risks late-filing penalties, etc.

Teamwork goes beyond the office! Had a blast with our crew at the Diamondbacks game yesterday. Nothing brings people tog...
07/24/2025

Teamwork goes beyond the office!
Had a blast with our crew at the Diamondbacks game yesterday. Nothing brings people together like good company and a ballpark hot dog. ⚾️🌭

We also got to celebrate Ray’s 80th birthday (a little early) — the real MVP 🥳

Thank you TF&O partners for making this fun afternoon outing possible!

Happy 4th of July from our TF&O family to yours! We hope everyone is staying safe and cool out there! 🇺🇸🎆😎
07/04/2025

Happy 4th of July from our TF&O family to yours! We hope everyone is staying safe and cool out there! 🇺🇸🎆😎

Happy Tax Tip Tuesday!!!! Follow along for more quick and easy tips!! You can also find us on Facebook @ Tull, Forsberg,...
07/01/2025

Happy Tax Tip Tuesday!!!!

Follow along for more quick and easy tips!! You can also find us on Facebook @ Tull, Forsberg, & Olson, PLC. 😊

If you’re expecting a tax refund, you have several options for how it can be handled.🔹 You can apply some or all of the ...
06/17/2025

If you’re expecting a tax refund, you have several options for how it can be handled.

🔹 You can apply some or all of the refund toward next year’s taxes. If you usually pay estimated taxes throughout the year, that can help cover the first quarterly installment.
🔹 The government can send you a paper check by mail or deposit the refund directly into your checking or savings account.
🔹 You can contribute some or all of your refund to certain types of accounts (IRAs, health savings, education savings accounts) or buy U.S. savings bonds through Treasury-Direct.

You can also split your refund among the direct deposit choices by completing Form 8888.

You’ll need to let your tax preparer know what you want to do so they can indicate it on your return.

Reach out to schedule an appointment at 602 277 5447.

🏦 Tips to Minimize Federal Estate Tax 🏦 Looking to safeguard your assets from hefty estate taxes? Here are some savvy st...
05/29/2025

🏦 Tips to Minimize Federal Estate Tax 🏦

Looking to safeguard your assets from hefty estate taxes? Here are some savvy strategies to consider:

1️⃣ Enjoy Your Wealth: If you’re financially secure and not worried about running out of money, feel free to indulge in your wealth during your lifetime.

2️⃣ Gift Giving: Spread the love by gifting a portion of your estate to your loved ones while you’re still here. Many states don’t tax gifts.

3️⃣ Charitable Donations: Leave a lasting legacy by donating property to qualifying charities. Not only does this benefit worthy causes, but it’s also deductible from your gross estate.

4️⃣ Asset Protection: Set up irrevocable trusts to shield some of your assets from state and federal estate taxes. This legal maneuver can help preserve your wealth for future generations.

5️⃣ Relocation: Consider moving to a state with more favorable tax laws. Since most states don’t impose an estate or inheritance tax, relocating could offer significant tax savings.

Ready to protect your property and minimize estate taxes? These tactics could be your ticket to financial security. 💼💰

Give us a call with more questions! 602 277 5447.

Address

5225 N. Central Avenue Suite 220
Phoenix, AZ
85012

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+16022775447

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