by Mike Kramer | Dec 3, 2020 | Moceri Minute
Moceri Minute The IRS has made changes for reporting Non-Employee Compensation for 2020. There is a new form, 1099-NEC that will be used to report Non-Employee compensation as well as any payments made to an attorney; you will no longer use Form...
by Mike Kramer | Nov 19, 2020 | Moceri Minute
Moceri Minute Are you thinking about purchasing new equipment for your business? You should consider making the purchase prior to the end of the year. Section 179 allows a business to expense the cost of the tangible property used in their business...
by Mike Kramer | Nov 4, 2020 | Moceri Minute
Moceri Minute Did you send a check to the IRS and it has not cleared your bank account? Don’t cancel the payment or send in another check! The IRS is still behind on processing the mail that has piled up due to COVID-19. There is no need to...
by Mike Kramer | Oct 29, 2020 | Monthly Tax Alerts
Moceri Minute November Newsletter Update: We will not be publishing a November Newsletter. Instead, we have available to anyone that is interested in a special publication entitled “Tax Planning Newsletter 2020”. If you would like to have...
by Mike Kramer | Oct 22, 2020 | Moceri Minute
Moceri Minute Have you started thinking of your 2020 income tax situation? Now that the 2019 tax filing deadline has officially passed, it is a good time to review your 2020 income tax situation. We will be contacting many clients in the coming weeks...
by Mike Kramer | Oct 15, 2020 | Moceri Minute
Moceri Minute RMD Reminder: If you were over 70 1/2 at December 31, 2019, you won’t have to take your required minimum distribution (RMD) in 2020. If your retirement assets have taken a hit, not having to take an RMD may allow those assets to...
by Mike Kramer | Oct 8, 2020 | Moceri Minute
Moceri Minute Individual Tax Returns Are Due! Individual Income Tax Returns are due in 1 week. If you have not filed your 2019 Personal Income Tax Return (Form 1040), you only have 1 more week to file. Please contact our office immediately so we can...
by Mike Kramer | Sep 28, 2020 | Monthly Tax Alerts
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by Mike Kramer | Sep 24, 2020 | Moceri Minute
Moceri Minute The final deadline to file your personal income tax return for 2019 is quickly approaching. If you have not filed your 2019 personal income tax return and would like our assistance, please gather your information and send it to our...
by Mike Kramer | Sep 17, 2020 | Moceri Minute
Moceri Minute A Charitable Deduction available to all! Usually, you can only write off tax-deductible donations to charity on your federal tax return if you itemize your deductions rather than take the standard deduction. But in an effort to...
