Paccione CPA

Accounting isn't just about numbers—it's the backbone of your business's financial stability, growth, and success.

Better service ahead — and a better tax season, promises IRS In parallel with stricter enforcement, the tax authority is improving service for taxpayers and tax pros, and working on its technology.

Plan Your 2024 Retirement Contributions 2023 contribution limits are set for retirement plans. Now is a good time to plan for your upcoming retirement contributions.

IRS turns off many automatic notices. Here is what you should know.

Why is the IRS Sending Me This?!? - IRS turns off some notices The IRS is temporarily suspending automated notices to taxpayers due to its backlog of unprocessed tax returns. Here is what you need to know.

Avoid tax increase surprises at the filing deadline by reviewing these common causes now.

Common Tax Increase Surprises - I did not owe that last year! Too often we think our upcoming tax bill will be similar to the one last year. When it is not AND when it is a higher tax bill, the surprise can be problematic. Outlined here are some common areas that create these unpleasant surprises.

Did you know you can rent your home or cabin tax-free for up to 14 days per year?

Rent Your Property Tax-Free Did you know you can rent out your home or vacation property for up to 14 days and not need to claim the income? Here are some tips to take advantage of this opportunity.

OUCH! Discover common areas that create a tax surprise, plus keep a special eye out for these unusual tax documents and discover hints to keep your home business running smoothly.

Client Update Newsletter: February 2022 With tax season now officially underway, you’ll start seeing more and more tax documents show up in your inbox or mailbox. And this year, there are some unusual ones arriving, so outlined here is what to expect. Plus there is a great article discussing common areas of tax surprises plus a grea...

Get organized or pay the price when filing your taxes. This year it is more important than ever.

A Time to Organize - Diverse tax reporting makes this year a challenge If your tax records are a bit of a mess, here are some ideas to help to get better organized.

Ouch! The Form 1099 you just received is wrong. Here's what you should do.

What? This Form 1099 is Wrong! - What to do to fix this thorny problem Vendors are not perfect. What should you do when you receive a tax form that is in error?