KAFM Money Tips: Selling a Home with Stefanie Avila, Realtor

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Welcome to my blog!

During the slow time in my office, I decided to start a blog.  I've always enjoyed writing and want to incorporate some of my tax expertise into my professional 'marketing' strategy for myself. A little about me, professionally: I've been a tax preparer with CSD & Co. since January 2009.  I earned my CPA certification, after a grueling exam, plus education and experience requirements, in June of 2010.  I am uniquely suited to this type of work, with an analytical mind and a penchant for solving problems.  Working in a small city, most of my clients are small businesses or individuals whose complexity of investments have exceeded their ability or willingness to prepare their own taxes. I am most certainly your typical accountant-type.  I have moments of social awkwardness and tend towards the introverted.  However, I did, at some point in my adult life, learn how to talk to other adults and I strive to be approachable, friendly, and comprehensible....
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August Tax Saving Tips

Convert Your Personal Vehicle to Business and Deduct up to 100 Percent You probably like your personal vehicle just as it is. But wouldn’t you like it far better if it were producing tax deductions? Perhaps big deductions, immediately. And the Tax Cuts and Jobs Act gives you the tax reform road map on how to do this. Of course, to make this happen, you need to strip your personal vehicle of its personal status and re-dress it as a business vehicle. This is not difficult. In its new business dress, your former personal vehicle can qualify for up to 100 percent bonus depreciation. Example. Sam has a personal vehicle with a tax basis for depreciation of $31,000. With 70 percent business use on this 100 percent bonus depreciation–qualifying vehicle, Sam has a new $21,700 tax deduction for this year ($31,000 x 70 percent). Tax Implications of Goodwill Here’s a primer to help you avoid confusion about goodwill: ·         As the sel...
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Tax Savings Tips: April 2023

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