tiltonco.com RSS Feed https://tiltonco.com/ Take a look at our recent blog posts and client newsletter articles. en-us Mon, 01 Feb 2021 09:00:00 -0600 Mon, 01 Feb 2021 09:00:00 -0600 What's New for 2020 Tax Returns https://www.tiltonco.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.tiltonco.com/newsletter.php#2 Taxable vs. Nontaxable Income https://www.tiltonco.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.tiltonco.com/newsletter.php#5 Tax Filing Season Starts February 12 https://www.tiltonco.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.tiltonco.com/newsletter.php#1 Social Security Benefits and Taxes: The Facts https://www.tiltonco.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.tiltonco.com/newsletter.php#4 Employer Tax Credit Extended for Payroll Workers https://www.tiltonco.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.tiltonco.com/newsletter.php#3 The COVID-related Tax Relief Act of 2020 https://www.tiltonco.com/newsletter.php#4 The Consolidated Appropriations Act, 2021, which was signed into law on December 27, 2020, contains a number of tax provisions - among them pandemic relief for businesses and individuals. Fri, 01 Jan 2021 09:00:00 -0600 https://www.tiltonco.com/newsletter.php#4 Important Tax Changes for Individuals and Businesses https://www.tiltonco.com/newsletter.php#1 Each year brings changes to current tax law, and this year is no different. From tax rate schedules to health savings accounts and adoption credits, here's what you need to know. Fri, 01 Jan 2021 09:00:00 -0600 https://www.tiltonco.com/newsletter.php#1 Identity Protection PIN Available To All Taxpayers https://www.tiltonco.com/newsletter.php#2 Starting in January 2021, the IRS Identity Protection PIN Opt-In Program will be expanded to include all taxpayers who can properly verify their identity. Fri, 01 Jan 2021 09:00:00 -0600 https://www.tiltonco.com/newsletter.php#2 Credit Reports: What You Should Know https://www.tiltonco.com/newsletter.php#3 Periodically reviewing your credit report is an effective way to prevent credit card fraud and could alert you to signs of identity theft. Fri, 01 Jan 2021 09:00:00 -0600 https://www.tiltonco.com/newsletter.php#3 Choosing the Right Business Formation: Sole Proprietorship (5 of 5) https://www.tiltonco.com/blog.php?id=15 Is a sole proprietorship right for you? Wed, 22 Oct 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=15 Choosing the Right Business Formation: Partnerships (4 of 5) https://www.tiltonco.com/blog.php?id=13 So far we've discussed some pros and cons of running your business as a C Corp, S Corp and LLC. Now we'll discuss a partnership, which can actually make the most sense for a business for more reasons than just having multiple owners. Thu, 18 Sep 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=13 AZ TPT Simplification and Changes https://www.tiltonco.com/blog.php?id=14 Wed, 17 Sep 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=14 Choosing the Right Business Formation: Limited Liability Company (LLC) (3 of 5) https://www.tiltonco.com/blog.php?id=12 So far we?ve discussed some pros and cons of running your business as a C Corp and as an S Corp. Now we?ll discuss an LLC, which has grown a lot in popularity over the last couple of decades due to its flexibility and legal protections. Wed, 06 Aug 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=12 QuickBooks Tutorial: Customizing & Displaying Account Balances on the Home Screen https://www.tiltonco.com/blog.php?id=11 How to customize and display account balances on the QuickBooks' home screen. Tue, 08 Jul 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=11 Choosing the Right Business Formation: S Corporations (2 of 5) https://www.tiltonco.com/blog.php?id=10 This is the 2nd of a series of 6 posts exploring the pros and cons of 6 of the most common business formations. This post focuses on S Corporations. Tue, 08 Jul 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=10 Choosing the Right Business Formation: C Corporations (1 of 5) https://www.tiltonco.com/blog.php?id=9 This is the first in a series of six blog posts that will explore pros and cons of 5 common business formations. This post will focus on C Corporations. Tue, 08 Jul 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=9 QuickBooks Tutorial: Profit & Loss Report https://www.tiltonco.com/blog.php?id=8 How to run a Profit & Loss Standard report in QuickBooks, plus customizing the report with a couple useful variations. Thu, 26 Jun 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=8 How to Check Your Credit Report and What to Look For https://www.tiltonco.com/blog.php?id=7 Do you know what's in your credit report? Learn how to get your free credit report and what to look for. Thu, 19 Jun 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=7 College Savings Plans https://www.tiltonco.com/blog.php?id=6 What is a college savings plan and why should I care? Fri, 06 Jun 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=6 Budgeting and Financial Planning https://www.tiltonco.com/blog.php?id=5 Budgets can be scary, especially when you're not sure exactly how much you are spending. Mon, 02 Jun 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=5 Accounting Fees - And 7 Ways to Reduce Them https://www.tiltonco.com/blog.php?id=3 Some things to remember both before and after you get a bill for professional services, and accounting fees in particular. Fri, 23 May 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=3 When Should You Choose a Roth IRA Over a Traditional IRA? https://www.tiltonco.com/blog.php?id=2 A Roth IRA and a Traditional IRA are treated quite differently for tax purposes. So which one should you choose? Wed, 21 May 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=2 Introduction of a CPA and Wealth Manager Experience https://www.tiltonco.com/blog.php?id=1 Experienced CPA using new technology Thu, 15 May 2014 09:00:00 -0500 https://www.tiltonco.com/blog.php?id=1