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Accounting and Accountability

Jul 26, 2024

In this episode:

  • Former President Trump’s proposed tax bills.
  • New reporting of digital assets.
  • Bi-Partisan House Bill consolidates corporate filing process, changes tax due dates and treats e-file payment as filed timely regardless of when the payment clears.
  • Reminder that only alimony paid pre-2019 is deductible.


Feb 23, 2024

In this episode:

  • A breakdown of medical expense deductions.
  • Tax strategies for charitable giving.
  • Tax package passes in House but remains in Senate.
  • You can check on your federal tax refund at any time by visiting IRS.gov.

We are visited by Michele L. Reynolds, CEO of Shelly Sons Electrical and author of “


Feb 9, 2024

In this episode:

  • The filing of the digital asset Form 3800 has been delayed.
  • A review of Shareholder Basis and what the IRS is focusing on.
  • What happens if you miss the Required Minimum Distribution (RMD) deadline.
  • A refresher of Net Investment Income Tax (NIIT).
  • Reminder that there is no statute of limitations on...


Jul 28, 2023

In this episode:

  • Inherited IRAs - Different rules on distribution requirements.
  • New IRS targets for LLCs and LLPs. 
  • Mortgage interest limitations on personal residence and secondary homes.
  • New IRS scam arriving in the mail. 
  • IRS says they will no longer be conducting surprise on-site visits. 

We are also joined in the...


Nov 4, 2022

In this episode: 

  • Tax Planning tips for the end of 2022.
    • Charitable giving for tax savings.
    • Opportunities to offset tax on stock gains.
  • Inflationary increases for retirement plans have been released. 

We also hear the story of Nathan Mueller, who after a year of temptation, succumbed to the draw of stealing from...