msr-cpa.com RSS Feed https://msr-cpa.com/ Take a look at our recent blog posts and client newsletter articles. en-us Mon, 01 Mar 2021 09:00:00 -0600 Mon, 01 Mar 2021 09:00:00 -0600 Tax Breaks for Families With Children https://www.msr-cpa.com/newsletter.php#3 If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#3 Small Business Tax Roundup https://www.msr-cpa.com/newsletter.php#4 In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#4 Renting Out a Second Home https://www.msr-cpa.com/newsletter.php#2 Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#2 Capital Gains Tax on Sale of Stocks https://www.msr-cpa.com/newsletter.php#5 If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#5 Avoiding an IRS Tax Audit https://www.msr-cpa.com/newsletter.php#1 With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#1 What's New for 2020 Tax Returns https://www.msr-cpa.com/newsletter.php#2 Taxpayers should be aware of several key items involving credits, deductions, and refunds when filing their tax returns this year. Mon, 01 Feb 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#2 Taxable vs. Nontaxable Income https://www.msr-cpa.com/newsletter.php#5 Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick (and easy) answer is that all income is taxable unless the law specifically excludes it. Mon, 01 Feb 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#5 Tax Filing Season Starts February 12 https://www.msr-cpa.com/newsletter.php#1 The IRS begins accepting and processing 2020 tax year returns on Friday, February 12, 2021. Mon, 01 Feb 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#1 Social Security Benefits and Taxes: The Facts https://www.msr-cpa.com/newsletter.php#4 Generally, you pay federal income taxes on your Social Security income only if you have other substantial income in addition to your benefits. Mon, 01 Feb 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#4 Employer Tax Credit Extended for Payroll Workers https://www.msr-cpa.com/newsletter.php#3 Extended through June 30, 2020, the Employee Retention Credit helps businesses keep their employees on the payroll - despite the challenges posed by COVID-19. Mon, 01 Feb 2021 09:00:00 -0600 https://www.msr-cpa.com/newsletter.php#3 In the News https://msr-cpa.com/blog.php?id=1 MSR is rolling out our 2014 blog. Partners will be writing about current events and topics that which impact businesses and individuals. Thu, 05 May 2016 09:00:00 -0500 https://msr-cpa.com/blog.php?id=1 3 Things You Can do Today for Business Success https://msr-cpa.com/blog.php?id=4 Daily pressures of owning a business, left unchecked, can take a toll on business owners, their families and eventually their businesses. In this blog series, Dennis Toler, CPA and Partner at Moyer, Smith & Roller reflects on lessons learned from working with thousands of business owners. Dennis offers these first three suggestions: work/life balance, planning for success and charting a strategic path. Tue, 03 May 2016 09:00:00 -0500 https://msr-cpa.com/blog.php?id=4