The October 15th Tax Deadline: Why It Matters and What You Need to Know
The October 15th deadline applies to those who filed an extension, live abroad, or are in eligible military service. It extends your filing time, NOT your payment deadline. Penalties for missing it are steep, so e-file by the deadline, pay what you can if unable to file, or contact the IRS for help.
Conquering Tax Season: A Tennessee Realtor's Guide
Tennessee realtors are self-employed and responsible for their own taxes. They can deduct business expenses like mileage, marketing, and home office costs to reduce their tax burden. Keeping good records and consulting a tax professional can make tax filing easier.
Should You Hire a Tax Professional?
Hiring a tax professional offers expertise, stress reduction, and audit protection, but costs money and requires finding the right person. Consider professional help if your taxes are complex, you had life changes, faced past issues, or simply need peace of mind.
Understanding the Difference Between CPA Compilation and Review Services
CPA compilations organize financial data without assurance, suitable for internal use and cost-effective. CPA reviews provide limited assurance through analytical procedures, ideal for external reporting and enhanced credibility. Choose based on purpose, budget, stakeholder requirements, and business complexity.
Callison CPA Opens New Office in CBL Center
Callison CPA has opened a new office at CBL Center in Chattanooga, Tennessee. Our firm offers a ful range of services, including personal and business tax preparation and filing, bookkeeping and payroll, and business advisory services.
All content on this blog is intended for general informational purposes only and does not constitute legal or professional advice. Please contact a member of our team for accounting advice specific to your situation or needs.