Accounting News

TAX PLANNING FOR YEAR-END

Posted by:

Most taxpayers are calendar year-end taxpayers who have to “close” their records for the 2014 tax year in the very near future.  The biggest mistake many taxpayers make is waiting until the year-end has passed to do this.  By waiting too long, important tax benefits and tax savings can be lost.  Now is the time to start the process and to look for ways to save on your tax bill, whether you be an individual, an LLC, a corporation, a ...

Continue Reading →
0

Update on the merger

Posted by:

The Matts & Co. Accounting Professionals, LLC (“M&Co.”) merger into Atkinson & Co. Ltd (“Atco”) is now two weeks in the rear-view mirror and all indicators point to a successful transition.  Although there have been some technical speed bumps, these have been minor and plans are being followed through to address all problems that have arisen.  The vast majority of clients that we’ve had communications with since the merger have had very positive reactions to the news.  The ...

Continue Reading →
0

Merger Announcement

Posted by:

atkinson

Effective November 3rd

October 25, 2014

 

Dear Client:

 

Matts & Co. Accounting Professionals, LLC consistently seeks to provide our clients with high quality tax, accounting and consulting services for a reasonable charge. We are always looking for ways to improve the services we provide and to be better advisors to our clients. That said, I am pleased to announce our forthcoming merger with Atkinson & Co. Certified Public Accountants scheduled to occur on ...

Continue Reading →
0

New Mexico Tax and Rev Dept upgrades CRS Online Filing System

Posted by:

The New Mexico Taxation and Revenue Department has a new CRS e-filing system, Taxpayer Access Point (TAP), your online tax center. This system will be effective during the 2nd Quarter of 2014.

How does this affect you?

Effective now, as of the June 25th CRS deadline the new TAP system must be used to file CRS taxes.

You may need to register as a new user in the system. To register and for more details visit:

https://tap.state.nm.us

Continue Reading →
0

Upcoming Tax Season

Posted by:

There are a number of changes and challenges facing all of us in this upcoming tax season (whether you prepare your own taxes or have someone else prepare it for you).  These two articles that help you to be aware of these issues . . .

Article 1  >>

Article 2 >>

Continue Reading →
0

A Tax Payers Bill of Rights?

Posted by:

A Taxpayers’ Bill of Rights?  Nina E. Olson, a National Taxpayer Advocate has urged the IRS to adopt one in her annual report to Congress.  She believes it would increase trust in the IRS and improve on the agency’s ability to serve taxpayers and collect taxes.  Read on to learn more . . .  

Continue Reading →
0

Is your business an S corporation?

Posted by:

Is your business an S corporation?  Do you take draws from the company?  Do you know when those draws constitute taxable income?  Read on for important information that could save you taxes in the future . . .

Read more >>

Continue Reading →
0

IRS Increases Examinations of High-Income Taxpayers

Posted by:

The Internal Revenue Service has stepped up its examinations in the past year of taxpayers with high adjusted gross incomes, according to newly released IRS figures.

http://www.accountingtoday.com/news/IRS-Increases-Examinations-High-Income-Taxpayers-66157-1.html?ET=webcpa:e6862:420216a:&st=email

 

Continue Reading →
0

2013 automobile depreciation limits released

Posted by:

The IRS on Monday issued the 2013 inflation adjustments to the depreciation limitations and lease inclusion amounts for certain automobiles under Sec. 280F
http://www.journalofaccountancy.com/News/20137462.htm

Continue Reading →
0

2013 Tax Calendar

Posted by:

A tax calendar divides the year into quarters and provides the deadlines for filing and paying various taxes. This general tax calendar is provided by the IRS and includes due dates for individual taxpayers as well as businesses.

http://www.irs.com/articles/2013-tax-calendar

Continue Reading →
0
Page 1 of 2 12