Abdiwali Mohamed, CPA, PLLC

02/21/2023

I agree with this study. I believe many married couples can benefit using a different filing status that is not MFJ or MFS.

Black married couples pay a larger marriage penalty on average than White married couples, according to a study from the Tax Policy Center. Here's why.

01/17/2023

Tax Season-E-Filing Starts Monday, January 23, 2023. Deadline April 18, 2023 for Individuals…most business March 15, 2023.

Our office is now open daily 10:00 a.m. to 8:00 p.m. We encourage you to gather your tax documents.

If you need assistance or an organizer to help you, please email to us at [email protected] and we will gladly email you a copy.

If you have questions or want to schedule an appointment, call Abdiwali at 2068491390 or Abdi Fayoke at 2063515107.

01/13/2023

If Turbotax is going to charge $999 for business returns, how much should CPAs with Masters in Taxation charge?

https://turbotax.intuit.com/personal-taxes/online/live/full-service/business-taxes/?fbclid=IwAR0lCNm6XzND_DQQxh765OamZs5s6GlGHmHjolky21Updkkfb838mgIf2m0

Full Service Business pairs you with your own, dedicated tax expert specialized in incorporated business tax to do your partnership (1065), S-corp (1120-S), and multi-member LLC taxes for you.

11/24/2022

Another reason why you should NOT prepare your taxes with online software.

https://www.theverge.com/2022/11/22/23471842/facebook-hr-block-taxact-taxslayer-info-sharing?fbclid=IwAR1750ux-Hx8OD9I1sozkTwnBr7wxuo798tmcMSXHDntsuf0aGUzE1-XZng&mibextid=Zxz2cZ

The Markup found that tax preparation services including TaxAct, TaxSlayer, and H&R Block have sent users’ personal financial information to Facebook through the Meta Pixel.

11/04/2022

In this video I will talk about why I love QuickBooks for myself and for my clients. My name is Abdiwali Mohamed and I've been a CPA for over 18 years.

For consultation or any questions, please contact me at [email protected] or visit our website at www.abdiwalicpa.com

10/28/2022

Understand the difference between employees and independent contractors.

For consultation or any questions, please contact me at [email protected] or visit our website at www.abdiwalicpa.com

10/28/2022

In Part 5 of our series, we'll be looking in-depth at businesses can understand the difference between employees and independent contractors.

For consultation or any questions, please contact me at [email protected] or visit our website at www.abdiwalicpa.com

10/22/2022

Out series of Accounting 101 continues. On this episode, I talk about importance of accounting system and how it can help your business.

10/22/2022

Part 4 of the accounting and taxation series, importance of accounting systems.

10/21/2022

In Part 4 of our series, we'll be looking in-depth at how to manage and track your business records such as income, expenses, and other financial activities.

For consultation or any questions, please contact me at [email protected] or visit our website at www.abdiwalicpa.com

10/14/2022

In Part 3 of our series, we'll be looking in-depth at how to read and analyze financial statements for your business.

For consultation or any questions, please contact me at [email protected] or visit our website at www.abdiwalicpa.com

10/14/2022

Take advantage of this credit if you are a business owner who paid wages in 2020 and 2021 (first 3 quarters).

Businesses can no longer pay wages to claim the Employee Retention Tax Credit, but they have until 2024 to do a look back on their payroll during the pandemic and retroactively claim the credit by filing an amended tax return.