Bradstreet CPAs

Bradstreet CPAs Timely, relevant bursts of tax nuggets.

What To Do If The IRS Knocks On Your Door? -
07/24/2024

What To Do If The IRS Knocks On Your Door? -

“If opportunity doesn't knock, build a door.”                                   -Milton Berle, Comedian Should you chat with an IRS agent who knocks on your door?    Yes.  Be very polite while saying…” here is the contact information for my CPA firm or attorney.  Please ...

Questions Potential Business Partners Should Ask Themselves -
07/17/2024

Questions Potential Business Partners Should Ask Themselves -

“Some people want it to happen, some wish it would happen, others make it happen."       - Michael Jordan  You and a friend have a can’t-miss idea for a new business. You’ve got a great name, and the logo is perfect. It is time to ask each other some hard questions. Talking up front about ...

IRS Warns of 'Wildly Inaccurate Tax Advice' on Social Media -
07/03/2024

IRS Warns of 'Wildly Inaccurate Tax Advice' on Social Media -

Bogus claims on social media are nothing new. But when it comes to taxes, misleading information on social media can lead to financial or even legal problems, the IRS warns. Social media—things like Facebook, Instagram and TikTok—can be used to circulate “wildly inaccurate tax advice,” th...

Here’s What Happens at the IRS After You File Your Taxes. -
06/19/2024

Here’s What Happens at the IRS After You File Your Taxes. -

“Positive thinking will let you do everything better than negative thinking will”                                   -Zig Ziglar, Author Jonathan Amy, a 74-year-old semiretired neurologist in McLean, Va., is still waiting for a nearly $10,000 refund on his 2020 taxes. His account...

Retiring Before 65? Make Sure to Know Your Healthcare Options -
05/29/2024

Retiring Before 65? Make Sure to Know Your Healthcare Options -

“We must believe that we are gifted for something and that this thing must be attained”                                   - Marie Curie Retiring before 65, whether by design or dictated by circumstance, is a reality for many Americans. And health insurance for these early retire...

Monthly Bookkeeping -
05/22/2024

Monthly Bookkeeping -

“Alone, we can do so little.  Together we can do so much”                                   - Helen Keller We have started using a new feature where we can send out reminders for needed information in order to service our clients timely. In order for our office to keep up with ...

IRS plans to increase audit rates of wealthy taxpayers by 50% -
05/22/2024

IRS plans to increase audit rates of wealthy taxpayers by 50% -

“Alone, we can do so little.  Together we can do so much”                                   - Helen Keller The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations, using funds provided by the De...

Seeking Student-Loan Relief? Here Are 6 Options to Consider -
05/08/2024

Seeking Student-Loan Relief? Here Are 6 Options to Consider -

“How wonderful it is that nobody need wait a single moment before starting to improve the world”                                   - Anne Frank For the 43.2 million student-loan borrowers owing a collective $1.6 trillion, holding out for broad-based forgiveness from the governm...

The New Math on Inheriting Your Parent's House -
05/01/2024

The New Math on Inheriting Your Parent's House -

“A truly happy person is one who can enjoy the scenery while on a detour”                                   - Anonymous One of the first things many people do when they inherit their parents’ home these days is put up a for-sale sign.

How To Reap Tax Breaks From Your HSA -
04/17/2024

How To Reap Tax Breaks From Your HSA -

“The struggle you're in today is developing the strength you need tomorrow”                                   - Robert Tew, Writer Health-savings accounts offer remarkable benefits. But the nuts and bolts of using them are often confusing.

5 years before and 5 years after retirement: 5 steps to take -
04/10/2024

5 years before and 5 years after retirement: 5 steps to take -

As a CPA nearing the end of his time helping with the transition following the sale of his firm, Ted Sarenski finds himself at a crossroads.

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388 Regency Ridge Drive
Dayton, OH
45459

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Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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