The Tax Deadline is a fact of life. Today’s procrastination can transform into tomorrow’s tax fraud. The April 17 Deadline is about to descend on us. The cut-off for filing is less than a month away. Yet some taxpayers are still avoiding the inevitable. As we recently heard one millennial say to his Dad, “Pay [...]
Scam warnings from the IRS are red hot right now. Now scam artists are targeting your entire tax return. The IRS says the "entire tax preparation community must be on high alert this filing season..." Their reasoning is as obvious as last year's news; we must take extra care to protect our data "because of [...]
Deductions have really changed under the new Tax Code. Two Roads Symbolize Two Big Choices in Filing Income Tax: Taking the Standard Deduction or itemizing in spite of the new Laws? We are more enthralled with this phenomenon than with the new tax brackets and rates. In any tax year, you face a [...]
Bitcoin and how to pay taxes on it is one of the biggest tax issues of the season. We are answering Bitcoin questions from anxious cryptocurrency owners just about 24/7 at AP Accounting and Tax Services here in Sanford, Florida. Do I Really Need to Pay Taxes on My Bitcoins? Cryptocurrency & Bitcoin Experts: [...]
Many of us know about the recent tax law passing known as the Tax Cuts and Jobs Act of 2017. The tax law will change but will not impact your 2017 tax return filings but will impact your 2018 tax return filings next tax season. It is important to understand some of the key differences [...]
This is our official blog for A.P. Accounting and Tax Services, PL. We are excited to announce that our firm has a new re-designed website. The new website is mobile-friendly for clients and visitors. Please stop by often for news and views related to our industry. We look forward to talking to you this year [...]
