We have some GREAT news!!
We are excited to announce that we have been voted as THE BEST ACCOUNTING FIRM in Northern Virginia by Virginia Living!! I am humbled and sincerely grateful for your continued support and love! #bestofvirginia2020
Get ready for the week: Vienna Tax & Accounting Certified Public Accountants has motivation for your Monday.
Some insider tax knowledge from Vienna Tax & Accounting Certified Public Accountants.
No matter what the reason for your move may be, it's important to be aware of the implications for your taxes when you relocate to a new state. In this article, learn more about establishing residency, part-year tax returns, and more.
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How to File Taxes After Moving to a New State
If you have lost your job, there are a number of tax issues that you may encounter. They include severance pay, unemployment compensation, health insurance, pension plans and possibly a home sale. How you deal with these issues can profoundly impact your taxes and finances.
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Tax Consequences of Losing Your Job
It matters how you get there. Wednesday Wisdom from Vienna Tax & Accounting Certified Public Accountants
Health insurance premiums, including Medicare parts B, C, and D; hospitalization; long-term care; and dental costs are all tax deductible, and are subject to AGI limitations if you itemize your deductions. If you are self-employed, including some partners, or a more-than-2% S corporation shareholder, you may be able to deduct the premiums without itemizing and without AGI limitations.
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There is More to Deducting Health Insurance than Meets the Eye
Tap into your full potential. Wednesday Wisdom from Vienna Tax & Accounting Certified Public Accountants
The SBA has released yet another simplified application for PPP loan forgiveness: SBA Form 3508S. This form can only be used if the total PPP loan amount received by the borrower from their lender was $50,000 or less.
VIENNACPAS.COM
The SBA Issues a Simplified PPP Loan-Forgiveness Application
If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues can profoundly impact your taxes and finances. Watch this video to learn more about some typical issues.
Looking for a sign? Here's your Monday Motivation from Vienna based Vienna Tax & Accounting Certified Public Accountants
Excited to share that our founder, Manisha Elhance, has been elected as the Board Member of National Association of Tax Professionals (NATP) - VA chapter.
Many people are renting out their homes or vacation homes and are not aware of some special rules that apply to short-term rentals. Some of these rules can be beneficial, while others can be very detrimental.
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Renting Your Home or Vacation Home for Short Periods
Here is some midweek Wednesday Wisdom inspiration from your friends at Vienna Tax & Accounting Certified Public Accountants
To cope with inflation, the tax code requires the IRS to adjust the tax rates, standard deductions, and a variety of other tax related numbers each year, which they recently released for 2021.
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IRS Releases Inflation Adjustments for 2021
Set yourself up for success with Monday Motivation from Vienna Tax & Accounting Certified Public Accountants
Vienna Tax & Accounting Certified Public Accountants has a fun tax fact to share with you.
Learn about taxes from your friends at Vienna based Vienna Tax & Accounting Certified Public Accountants.
Great news for 2021 and 2022 only. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 allows businesses to deduct 100%, instead of just 50%, of business meal expenses meeting certain requirements.
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Increased Business Meal Deductions for 2021 and 2022
Are you planning to buy your first home, upgrade from your existing one, or refinance your mortgage? Let's take a look at some tax advantages and drawbacks of homeownership.
Get inspired. Some Wednesday Wisdom from Vienna based Vienna Tax & Accounting Certified Public Accountants
The Internal Revenue Service recently issued the 2021 optional standard cents-per-mile rates for business, medical and moving purposes. However, you may find it in your best interest to keep track of actual expenses for 2021.
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2021 Standard Mileage Rates Announced
We have been nominated again! Please vote for Vienna Tax and Accounting in category 92!!
Virginia Living Magazine
January 11 at 11:36 AM ·
It’s time for Best of Virginia! Support your favorite local businesses now at VirginiaLiving.com/vote2021/.
Vienna Tax & Accounting Certified Public Accountants has the motivation you need to get going this Monday.
Here are the business tax due dates for February 2021.
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February 2021 Business Due Dates
Here are the February 2021 individual tax due dates:
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February 2021 Individual Due Dates
Here's your tax fact of the week from your friends at Vienna Tax & Accounting Certified Public Accountants.
Between 2010 and 2018, about 0.6% of individual tax returns resulted in an audit (that's about 250,000 taxpayers). Here are some of the red flags that could cause the IRS to audit your tax return.
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Beware: These Tax Return Red Flags Could Catch the Eye of the IRS
