Paccione CPA

08/21/2024

Accounting isn't just about numbers—it's the backbone of your business's financial stability, growth, and success.

01/12/2024

In parallel with stricter enforcement, the tax authority is improving service for taxpayers and tax pros, and working on its technology.

12/11/2023

2023 contribution limits are set for retirement plans. Now is a good time to plan for your upcoming retirement contributions.

02/18/2022

IRS turns off many automatic notices. Here is what you should know.

The IRS is temporarily suspending automated notices to taxpayers due to its backlog of unprocessed tax returns. Here is what you need to know.

02/11/2022

Avoid tax increase surprises at the filing deadline by reviewing these common causes now.

Too often we think our upcoming tax bill will be similar to the one last year. When it is not AND when it is a higher tax bill, the surprise can be problematic. Outlined here are some common areas that create these unpleasant surprises.

02/04/2022

Did you know you can rent your home or cabin tax-free for up to 14 days per year?

Did you know you can rent out your home or vacation property for up to 14 days and not need to claim the income? Here are some tips to take advantage of this opportunity.

02/02/2022

OUCH! Discover common areas that create a tax surprise, plus keep a special eye out for these unusual tax documents and discover hints to keep your home business running smoothly.

With tax season now officially underway, you’ll start seeing more and more tax documents show up in your inbox or mailbox. And this year, there are some unusual ones arriving, so outlined here is what to expect. Plus there is a great article discussing common areas of tax surprises plus a grea...

01/28/2022

Get organized or pay the price when filing your taxes. This year it is more important than ever.

If your tax records are a bit of a mess, here are some ideas to help to get better organized.

01/21/2022

Ouch! The Form 1099 you just received is wrong. Here's what you should do.

Vendors are not perfect. What should you do when you receive a tax form that is in error?