Year-end developments impact 2014 filing season
Tax season is scheduled to begin shortly and, as in past years,
there are some possible glitches to be mindful of. Already, the IRS
has alerted taxpayers that the start of filing season will be
How do I? Time year-end bonuses for tax purposes
Taxpayers generally prefer to accelerate deductions to reduce their
current year income and taxes. In some situations, the tax code's
accounting rules allow an accrual-basis employer to deduct a ye...
FAQs: How do I time a year-end stock sale?
Stock held by an investor is a capital asset under the tax law.
Gain from the sale of stock held for more than a year qualifies as
long-term capital gain, taxed at a reduced rate (zero, 15 or 20
December 2013 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important tax reporting and filing data for individu...
FAQ: The "nanny - housekeeper" tax
Q. My husband and I have a housekeeper come in to clean once a
week; and someone watches our children for about 10 hours over the
course of each week to free up our time for chores...
How do I? Compute my net worth
How much am I really worth? This is a question that has run through
most of our minds at one time or another. However, if you aren't an
Welcome to Gallagher & Associates CPAs, PLC and thank you for visiting our Website. In addition to providing you with a profile of our firm and the services we provide, this Website has been designed to become a helpful resource tool to you, our valued clients and visitors. Our dedication to superior client service has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance.
As you browse through our Website, you will see that not only have we highlighted background information on our firm and the services we provide, but have also included useful resources such as informative articles (in our Newsletter section) and interactive financial calculators (in our Financial Tools section). In addition, we have taken the time to gather many links to external Websites that we felt would be of interest to our clients and visitors (in our Internet Links section).
While browsing through our Website, please feel free to contact us with any questions or comments you may have - we'd love to hear from you. We pride ourselves on being proactive and responsive to our clients' inquiries and suggestions.
Michelle F. Gallagher, CPA/ABV/CFF
Gallagher & Associates CPAs, PLC * Certified Public Accountants
Accounting, Tax, Business Valuation, Expert Witness & Forensic Accounting Services.