Blog
A COVID-Related Development for 2020 Individual Tax Returns
At Maicher CPA Pllc, we provide a full range of tax services to help clients reduce taxes. There is an important COVID-related development along with other developments affecting 2020 individual tax returns. The IRS has extended the deadline for filing 2020 individual federal income tax returns to May 17, 2021. This extension includes tax […]
Important Ways to Minimize Your Income Tax
At Maicher CPA Pllc, we provide a full range of tax services to help clients reduce taxes. There are some key rules concerning deductions for the 2020 tax year which can save individual taxpayers big dollars. Maicher guides you as to what deductions are best in your own situation and then will prepare and file […]
What Is Meant by the “Marginal Tax Rate?”
Maicher CPA Pllc provides a full range of tax preparation services to help businesses and individuals succeed. There are some key tax terms everyone should know. “Marginal Tax Rate” is one of them because it will help you to properly adjust your withholding taxes, or your tax estimates if you’re self- employed. What Is […]
How Identity Theft Threatens Your Tax Refunds
At Maicher CPA Pllc, we provide comprehensive tax services to help individuals and businesses reduce taxes and promptly receive tax refunds. However, every year, the IRS pays out billions in refunds to identity thieves who file fake returns, including 3 million such returns for 2019. Theft victims will wait several months for claim resolution – […]
MONEY SAVING TIPS FOR 2020 TAX PREPARATION
At Maicher CPA Pllc, we help clients reduce taxes. The end of the 2020 tax year is upon us Want to minimize taxable income, maximize deductions, avoid amended tax returns, and speed up a refund? Here are some useful tips: Make Sure Your W-2s and 1099s Are Accurate. By the end of […]
Beware of the Tax Aspects of Some Key COVID-19 Programs
Maicher CPA Pllc provides tax preparation services to help businesses and individuals succeed. COVID-19 has spawned several government programs to relieve financial hardship. While these programs have been essential for those hit worse by the pandemic, these programs each have their own unique tax consequences. Maicher’s professionals are staying on top of these developments and […]
Tax Tips for Students Who Work
Maicher CPA Pllc provides tax preparation services to help businesses and individuals of all ages to succeed. Many young people have gone back to school and for many of them it also means working to pay those tuition bills. Despite some common misconceptions, students who generate income have certain tax obligations which need to be […]
Is Your Tax Return Late? File As Soon As Possible!
Save Dollars and Worry By Filing As Soon As Possible. Our experienced tax professionals at Maicher CPA Pllc provide tax services to help you succeed. Failure to timely file federal tax returns can result in interest, penalty fees, and even potential criminal prosecution. Similar consequences often apply to late-filed state tax returns. Here are […]
Independent Financial Audits – Critically Important to Your Business
When was your last independent financial audit? Why are such audits important to your business? The experienced accountants and other professionals at Maicher CPA Pllc provide a full range of audit services to help your business succeed. What are independent financial audits? First, the word “independent” generally means an audit done by a party (e.g. […]
MONEY SAVING TIPS FOR TAX RETURNS
At Maicher CPA Pllc, our tax preparation professionals are committed to minimizing your taxable income and preparing tax returns which reduce the risk of audits. There are several proactive things you can do as a client to promote these objectives: Review Your W-2s and 1099s. W-2/1099s reports are usually received by employees/contractors by […]