Hancock, Graham & Associates

05/25/2025

Thank you for your birthday wishes.

02/01/2023

Taxpayers shouldn't let gift card scammers ruin the holidays

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We provide accurate, real time accounting information that helps business make smart decisions. Visit https://www.yourtaxlady.com today.

Tax Tip 2022-181, November 28, 2022 — During the holiday season, taxpayers should be aware of gift card scams thieves commonly use this time of year. Con artists will target taxpayers by asking them to pay a fake tax bill with gift cards.

01/25/2023

There's more to determining filing status than being married or single

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We provide accurate, real time accounting information that helps business make smart decisions. Visit https://www.yourtaxlady.com today.

Tax Tip 2022-182, November 29, 2022 — Some taxpayers are eligible for more than one filing status. As they get ready for the upcoming filing season, taxpayers should carefully review their options to pick the filing status that makes the most sense for them.

01/19/2023

Tax Court Imposes Limit on Capital Losses

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We provide accurate, real time accounting information that helps business make smart decisions. Visit https://www.yourtaxlady.com today.

Notably, you may use a loss to offset a short-term gain realized earlier in the year that would otherwise be taxed at a high ordinary income tax rate.

12/09/2022

Announcing the new website

We are pleased to announce the launch of our new website. Visit us at https://www.yourtaxlady.com today!

12/07/2022

Not too much, not too little - taxpayers should check if their tax withholding is just right

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COVID Tax Tip 2022-168, November 2, 2022 — There are good surprises and there are bad surprises. Generally, a tax-related surprise is probably unwanted. To avoid tax surprises, people should review their tax withholding.

11/30/2022

Under the Taxpayer Bill of Rights, all taxpayers have the right to finality of IRS matters

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Tax Tip 2022-169, November 3, 2022 — By law, taxpayers interacting with the IRS have the right to finality. This right comes into play for taxpayers who are going through an audit.

11/23/2022

What Is Income Tax and How Are Different Types Calculated?

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Income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction.