Let's take a look at several key points that taxpayers should know about reporting cash transactions. #IRS #cashtransactions
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Cash Transaction Reports Can Be Filed Electronically | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Tax due dates for the month of October - what you need to know. #TaxDueDates
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Tax Due Dates for October 2020 | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
The IRS mails millions of notices and letters to taxpayers every year for a variety of reasons. If you receive correspondence from the IRS don't panic. Learn why by reading our article. #IRS #taxtips
BIT.LY
bit.ly
The key to avoiding headaches at tax time is keeping track of your receipts and other records throughout the year. Read our article for more information on what kinds of records you should keep. #taxtips #recordkeeping
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Recordkeeping Tips for Individuals and Businesses | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
If you're part of the gig economy, here's what you need to keep in mind regarding taxes. #gigeconomy #taxtips
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Tax Tips for Workers in the Gig Economy | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
As you approach retirement, it's vital to pay attention to several important financial matters to ensure a smooth transition. Here are five of them. #retirementplanning #financialplanning
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Preparing for a Successful Retirement | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Individual Taxpayers Identification Numbers (ITIN’s) expire and should be renewed as soon as possible to avoid unnecessary delays related to tax refunds next year. Learn how to renew and how to avoid common mistakes. #taxtips
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Avoid Refund Delays by Renewing Expiring ITINs Now | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Read our article to learn more about the 100% additional first-year depreciation deduction that allows businesses to write off the cost of most depreciable business assets in the year they are placed in service. #depreciation #taxtips
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Final Regulations for 100 Percent Bonus Depreciation | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Here are definitions of three key terms related to health coverage you might offer to employees. #affordablecareact #healthcoverage #employer
BPWCPA.COM
Health Coverage Terms Employers Should Know | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
If you're thinking about relocating to a different state when you retire, here are six things to consider before you make that move. #retirement #taxtips
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Choosing a Retirement Destination: Tax Considerations | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
While taking money out of a retirement fund before age 59 1/2 is generally not recommended, it is sometimes necessary, especially during times of economic crisis. If you need cash and have a retirement fund you can tap, here's what you need to know. #retirement #funds #taxtips
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Taking Early Withdrawals From Retirement Accounts | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Whether you've sold virtual currency for a profit or received it for services performed, you still need to report it on your tax return. #Bitcoin #virtualcurrency #taxtips
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Tax Treatment of Virtual Currency Transactions | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
It’s one of the most common issues related to the future of a family-owned business: How do the owners pass the business to their children? Moreover, how do they know if their children will even want to take over the business, let alone make it profitable for the long term? Read this article to learn more. #succession #businesstips
QUICKBOOKS.INTUIT.COM
Four considerations when passing the family business to the next generation - QuickBooks
On this day, we honor all current and former members of the Armed Services. Our country’s greatness is built on the foundation of your courage and sacrifice. Thank you! #veteransday2020
With the end of the year fast approaching, now is the time to take a closer look at tax planning strategies you can use to minimize your tax burden when you file your 2020 tax return. #taxplanning #2020
BPWCPA.COM
Individual Taxpayers: Year-End Tax Planning Strategies | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Created to spur economic development and job creation in distressed communities, Opportunity Zones also provide tax benefits to investors. Learn more by reading our article. #opportunityzones #taxbenefits
BPWCPA.COM
Investing in Opportunity Zones: The Facts | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
A comprehensive tax strategy should include both tax planning and tax preparation, but do you know the difference? #taxtips #taxstrategy
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Tax Preparation vs. Tax Planning | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
If you hire seasonal or holiday workers, here’s what you should know about how these employees are counted under the health care law. #seasonalworkers #holidayworkers #healthcare
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Seasonal Workers and the Healthcare Law | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Taxes are more complicated than ever. If you have any questions or concerns regarding tax filing this year, don't hesitate to contact the office at (502) 425-6002.
#taxfiling2020 #help
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Tax Filing Season Starts February 12 | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Tax due dates for the month of February 2021 - what you need to know. #TaxDueDates #February #2021
BPWCPA.COM
Tax Due Dates for February 2021 | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
There's a good chance the interest rate on your line of credit is based on an index called LIBOR. And it's going to be replaced. Don't get caught out by the change. #loans #interestrates
INC.COM
The End of LIBOR Could Raise Your Loan Payments. We'll Explain.
Prior to tax reform, an employee was able to deduct unreimbursed job expenses, along with certain other miscellaneous expenses. What has changed? Read our article to learn more.
#taxreform #nondeductibleexpenses #qualifiedexpenses
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Employee Business Expense Deductions: Who Qualifies? | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
An excise tax is a tax that is generally imposed on the sale of specific goods or services, or on certain uses. Read our article to learn what is taxed and how to file.
#ExciseTax #TaxTips
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Understanding the Excise Tax | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
Periodically reviewing your credit report is an effective way to prevent credit card fraud and could alert you to signs of identity theft. If you need help obtaining your credit reports or need assistance in understanding what your credit report means, don't hesitate to call the office at (502) 425-6002.
#creditreport #help
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Credit Reports: What You Should Know | Bechtler, Parker & WattsLouisville, KY CPA/ Bechtler, Parker & Watts
