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GP CPA has an affinity for all things current events, and sometimes, just sometimes, they are not even tax-related.
We are currently subscribed to a few different local/national emails that we actually open and read
most of the time. In no particular order:
- Charlotte Five – Since we live and work in Charlotte, NC, this covers a lot of the local happenings. It’s even better when we see our clients mentioned in it!
- The Morning Brew – This financial markets newsletter keeps tabs on the big picture without taking aside. There is also a puzzle at the end of a letter to incentivize the reader to finish. Google helps us a lot.
- Next Draft – Kinda like The Onion, but it’s all real news. And not too much strangeness from Florida….
- Quartz – Thoughtful, well-researched articles about complex subjects.
- Stephen King’s Twitter – Justin’s favorite author. The Tower above all!
- CPA Letter Daily – When you just can’t get to sleep and don’t want to medicate….
- Xero Blog – Just in case you weren’t already in the know.
Are we missing any? Please let us know in the comments.
Premiums for Medicare health insurance can add up to a substantial sum. That’s especially true if: you have a high income, and you’re married and both you and your spouse are paying premiums.
Before the Tax Cuts and Jobs Act (TCJA), your purchase of the vehicle you were leasing did not qualify for either Section 179 expensing or bonus depreciation. But times have changed.
When possible, you want to claim that your office in your home qualifies as a principal place of business because of this classification gives you the home-office deduction, andeliminates commuting from your home to your regular office.
While it may not feel like Fall is anywhere close by, the date tells us that we have barely 100 days left in the year.
IRS has begun sending letters to virtual currency owners advising them to pay back taxes, file amended returns; part of agency’s larger efforts
IRS has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and pay the resulting tax from virtual currency transactions.