Dana J. Weber, CPA

01/26/2022

2021 Tax Return filing off to a shaky start? IRS announces that Child Tax Credit letters (from them) may have wrong information.

The letters that the Internal Revenue Service has been sending to taxpayers about the amounts they received on advance payments of the Child Tax Credit may have outdated information.

01/23/2022

Tax return filing time is here. The IRS will begin accepting 2021, tax returns tomorrow January 24, 2022. The tax laws are complicated with many opportunities to save money IF you know the ways to save on your taxes and know the rules that must be followed. One area that many taxpayers have questions about is the Home Office Deduction. Here is some information on that subject. Need help? Call and visit with one of our tax specialists to get answers.

In this program we will provide information from calculating and claiming the deduction for business activities in the home as well as business use of the home.

09/28/2021

Did you know that you can deduct certain donations to charitable organizations in 2021, even if you do not itemize deductions. Check out this information. If you need assistance in making this tax savings decision or want to discuss your taxes now before 2021, comes to a close, we would love to help. Call us today 308-635-3008.

COVID Tax Tip 2021-143, September 28, 2021

09/25/2021

How NOT to try deducting expenses for business use of your vehicle. Learn from the mistakes of others.

https://www.currentfederaltaxdevelopments.com/blog/2021/9/24/taxpayers-lose-on-multiple-issues-before-the-tax-court

We offer consulting services on how to minimize your tax bill AND records you should keep to support your deductions.

07/23/2021

Beware, the 2021 Child Tax Credits as changed by the American Rescue Plan Act may lead to unexpected results come next year when 2021 tax returns are filed. Make sure you know how these changes effect you.

The American Rescue Plan Act included changes to the child tax credit that were designed to benefit certain taxpayers; however, some of these changes are now causing confusion and anxiety for many. The American Institute of CPAs (AICPA) recognizes the ...