Burkhart, Peterson & Company PLLC

Burkhart, Peterson & Company PLLC Accounting, Tax Resolution, Insurance & Retirement Planning Burkhart, Peterson & Company is a Certified Public Accounting firm focusing on accounting, bookkeeping, and tax resolution that employs professional CPAs, Attorneys, and Enrolled Agents to manage your case.
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Although we employ tax attorneys we are not a law firm. Our primary focus is to provide our clients with exceptional accounting, tax and representation services. The exceptional service we strive to provide our clients is based on our dedication to the three underlying principles: professionalism; responsiveness; and quality.

Although we employ tax attorneys we are not a law firm. Our primary focus is to provide our clients with exceptional accounting, tax and representation services. The exceptional service we strive to provide our clients is based on our dedication to the three underlying principles: professionalism; responsiveness; and quality.

Operating as usual

Burkhart, Peterson & Company PLLC's cover photo
02/06/2014

Burkhart, Peterson & Company PLLC's cover photo

Burkhart, Peterson & Company PLLC's cover photo
02/06/2014

Burkhart, Peterson & Company PLLC's cover photo

02/06/2014

State and Local Sales Taxes

ATRA also extended, through 2013, (and retroactive to 2012) the tax provision that allows taxpayers who itemize deductions the option to deduct state and local general sales and use taxes instead of state and local income taxes.

02/06/2014

Mortgage Insurance Deductible as Qualified Interest

ATRA extended, through 2013 (and retroactive to 2012), a tax provision that expired in 2011 that allows taxpayers to deduct mortgage insurance premiums as qualified residence interest. As such, taxpayers can deduct, as qualified residence interest, mortgage insurance premiums paid or accrued before Jan. 1, 2014, subject to a phase-out based on the taxpayer's AGI.

02/06/2014

Limited Non-Business Energy Property Credits

Non-business energy credits expired in 2011, but were extended (retroactive to 2012) through 2013 by ATRA. For 2013 (as in 2011 and 2012), this credit generally equals 10 percent of what a homeowner spends on eligible energy-saving improvements, up to a maximum tax credit of $500 (down significantly from the $1,500 combined limit that applied for 2009 and 2010).

Because of the way the credit is figured however, in many cases, it may only be helpful to people who made energy-saving home improvements for the first time in 2013. That's because homeowners must first subtract any non-business energy property credits claimed on their 2006, 2007, 2009, 2010, 2011, and 2012 returns before claiming this credit for 2013. In other words, if a taxpayer claimed a credit of $450 in 2012, the maximum credit that can be claimed in 2013 is $50 (for an aggregate of $500).

The cost of certain high-efficiency heating and air conditioning systems, water heaters and stoves that burn biomass all qualify, along with labor costs for installing these items. In addition, the cost of energy-efficient windows and skylights, energy-efficient doors, qualifying insulation and certain roofs also qualify for the credit, though the cost of installing these items do not.

Burkhart, Peterson & Company PLLC's cover photo
02/06/2014

Burkhart, Peterson & Company PLLC's cover photo

Address

17422 Oconnor Rd
San Antonio, TX
78247

Opening Hours

Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00
Saturday 08:00 - 17:00

Telephone

(210) 377-3311

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