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Certified Public Accountants

Welcome 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 we 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.

Tax Alerts

Tax Briefing(s)

2024 Tax Year in Review 2024 Post-Election Tax Policy Update 2024 Post-Filing Season Update

IRS Warns Taxpayers to Watch Out for Common Tax Scams (IR-2025-26)
The IRS released its annual Dirty Dozen list of tax scams for 2025, cautioning taxpayers, businesses and tax professionals about schemes that threaten their financial and tax information. The IRS iden...

IRS Expands Individual Online Account to Simplify Tax Filing (IR-2025-28)
The IRS has expanded its Individual Online Account tool to include information return documents, simplifying tax filing for taxpayers. The first additions are Form W-2, Wage and Tax Statement, and F...

IRS Informs Taxpayers of ABLE Accounts for Disability-Related Savings
The IRS informed taxpayers that Achieving a Better Life Experience (ABLE) accounts allow individuals with disabilities and their families to save for qualified expenses without affecting eligibility...

IRS Encourages Taxpayers to Use Refund Tool (IR-2025-25)
The IRS urged taxpayers to use the “Where’s My Refund?” tool on IRS.gov to track their 2024 tax return status. Following are key details about the tool and the refund process:E-filers can chec...

IRS Releases Excludable or Deductible Foreign Housing Expenses for 2025 (Notice 2025-16)
The IRS has provided the foreign housing expense exclusion/deduction amounts for tax year 2025. Generally, a qualified individual whose entire tax year is within the applicable period is limited to ma...

AZ - Direct file now accepting retirement filings
The Arizona Department of Revenue is now accepting 1099-R Retirement filings through Direct File. It is relevant for those addressing personal income tax matters related to retirement. News Release, ...

CA - Tax refund action barred due to unpaid assessed tax amounts
A Califorina Court of Appeal affirmed a judgment of the Superior Court favoring the Franchise Tax Board (FTB) in a dispute regarding a tax refund for several specific years. The court applied the "pa...

CT - Municipalities may adopt modified depreciation schedule for vehicles; exemption for veterans modified
Legislation regarding Connecticut property taxes is enacted that: (1) creates an option for municipalities to adopt a modified depreciation schedule for vehicles; and (2) modifies the exemption for pe...

FL - Solid mineral tax rates for 2025 announced
Florida has released the severance tax rates on the production of heavy minerals and other solid minerals for 2025.Phosphate Rock ProducersFrom January 1, 2025, through December 31, 2025, the tax rate...

MD - Budget proposal includes income tax rate changes, cannabis rate change
Proposed tax changes in the Budget Reconciliation and Financing Act of 2025 (H.B. 352/S.B. 321), part of Maryland Governor Wes Moore's legislative agenda, include the following:Personal income tax pro...

NJ - Property tax credit guidance for 22/23 updated
New Jersey residents who typically do not file gross income tax returns may need to act to receive a property tax credit for 2022 and 2023 due to changes to the ANCHOR and Stay NJ property tax relief ...

NY - Individual entitled to earned income and child credits based on documents and testimony
An individual was eligible for the New York earned income credit (EIC) because credible testimony, combined with documents in the record, substantiated his reported income. In addition, a combination ...

VA - Expiration date provided for qualified equity and subordinated debt investments credit
Enacted Virginia legislation provides that the qualified equity and subordinated debt investments income tax credit expires after taxable year 2025. Previously, the credit had no expiration date. The ...