Waving the Red Flag - Common IRS Audit Triggers

It’s that time of year again. Time to gather up all the W-2s, 1099 interest and dividend statements, K-1s from pass-through entities, charitable donations, etc. Yes, it’s tax season once again. Whether you are filing business or personal tax returns for the 2017 season it may be a good time to remind you that the IRS is watching, not literally, but it will be paying attention....

March 2, 2017 by The Rodman Team
Tax Deductions vs. Tax Credits

Individual taxpayers can reduce their tax liability, e.g. tax they pay, through both tax deductions and tax credits. These items are both beneficial, however they have different impacts on a taxpayer’s tax return....

March 2, 2017 by The Rodman Team
MA Solar Production Tariff Proposal

With the expiration of SREC II, Massachusetts' solar incentive program that uses solar renewable energy credits, a new program has been proposed, which replaces SRECs with tariffs....

February 9, 2017 by The Rodman Team
Using Custom Fields and Classes in QuickBooks Online

QBO’s tools are generic enough that myriad businesses can use it. But custom fields and classes help you shape it to meet your specific needs....

February 9, 2017 by The Rodman Team
Use Recurring Transactions in QuickBooks Online

Save time and ensure that repeating transactions are processed as scheduled....

January 12, 2017 by The Rodman Team
Blog Archive