News Releases | Industry Updates
In the vast world of property management, whether you’re managing AirBnBs, long-term rentals, or temporary stays, the software with which you management your business can make all the difference in the level of success that you achieve.
The Doty Group has recently welcomed Tax Supervisor David Volkert to the team. David's focus is in taxation with a specific expertise in state and local tax (SALT).
Reviewing withholding is especially important if people did a Paycheck Checkup in 2018 and adjusted their withholding during the middle or late in the year. Another review early this year can help make sure they’re having the right amount withheld for the rest of 2019.
Anyone with a traditional IRA may be eligible for a tax credit or deduction on their 2018 tax return if they make contributions by April 15, 2019.
Kicking off the annual “Dirty Dozen” list of tax scams, the Internal Revenue Service today warned taxpayers of the ongoing threat of internet phishing scams that lead to tax-related fraud and identity theft.
Her presentation provided a “focus on the unique aspects of business valuation in the context of marital dissolution — the applicable standard of value, what methods should be used, what methods should be avoided, and why.”
In the latest ‘Tax Tips’ update released by the IRS, they provided some valuable insight on methods to keep your data safe from cyber criminals. Most commonly, thieves are using data they steal to file fake tax returns or commit crimes while impersonating their victims. Below are the steps that the IRS has shared.
The IRS works with local community groups to certify thousands of volunteers who are trained in the latest tax law. Eligible taxpayers should consider taking advantage of these free programs. This includes people with disabilities and people who speak limited English. Here are some additional details about these two programs.
Running out of money is the top financial concern of clients planning for retirement, cited by 30 percent of CPA financial planners. This reflects an improvement from the AICPA’s 2016 survey, which found 41 percent of clients listing it as a top concern.
The Doty Group would like to congratulate several members of our team on their promotions within the firm!
If you need your prior-year tax records to complete your 2018 return or to validate your income, the IRS has a transcript service available on their website where you can request a copy online or request delivery by mail.
On Friday, February 8, 2019, The Doty Group was presented with two awards from the Tacoma-Pierce County Chamber at their annual WorkWell Award luncheon.
National Taxpayer Advocate Nina E. Olson today released her 2018 Annual Report to Congress, describing challenges the IRS is facing as a result of the recent government shutdown and recommending that Congress provide the IRS with additional multi-year funding to replace its core IT systems.
The Northwest Spay and Neuter Center (NWSNC) is pleased to announce that planning efforts are well underway for their 2019 Whiskers Wine & Dine gala, which will be held Saturday, March 9 th at the McGavick Conference Center on the Clover Park Technical College campus.
The Doty Group, P.S. is pleased to announce a new member of their organization, Alexandra Marler, CPA, MBA.
Don’t miss these 1099-Misc deadlines in February!
Under Federal law, most employee benefit plans with 100 or more participants must submit audited plan financial statements when they file an annual return/report (commonly called the “Form 5500”)1 . If your employee benefit plan must have an annual audit, hiring an independent qualified public accountant is one of the plan administrator’s most important fiduciary responsibilities.
Despite the 35-day partial government shutdown, tax refunds are expected to be issued timely this year. To that end, Treasury and the IRS are prepared for the 2019 tax filing season, which began on January 28, according to Treasury Secretary Steven Mnuchin.
The Treasury Department and the Internal Revenue Service issued final regulations and three related pieces of guidance, implementing the new qualified business income (QBI) deduction (section 199A deduction).