https://youtu.be/7Dfa864BIS0 Did you know that the IRS has published a checklist guide on choosing a good tax preparer? Watch the video to learn more about this checklist to see what questions you should be asking. The Infrastructure Bill, signed into law by President Biden in the Fall of 2021, contains numerous tax changes that will affect the majority of Americans. From Tax Credits to crypto currency, A CPA firm continues to monitor the updates and changes and how these will affect their clients. No matter who prepares your tax return, the responsibility for its accuracy falls to the taxpayer. Give me [...]
https://youtu.be/zrTcp4gIgbg Have you ever wondered what types of questions other curious people have for their CPA? Perhaps you have felt a bit intimidated to ask certain questions? Watch this video as Lynn Spencer of Killingsworth Spencer CPAs tackles some of the most frequent topics from potential clients looking for a new CPA firm. Here are a few examples of what you will discover: Learn how doing your Bookkeeping and financial reporting correctly will save you money in the long run and why a chart of accounts is so vital to the owners of a financial enterprise How the proper tax structure [...]
https://www.youtube.com/watch?v=7Dfa864BIS0 Did you know that the IRS has published a checklist guide on choosing a good tax preparer? Watch the video to learn more about this checklist to see what questions you should be asking. If they cannot answer YES to these critical questions, you should look elsewhere. No matter who prepares your tax return, the responsibility for its accuracy falls to the taxpayer. Give me a call at 770-552-8286 to learn more about Killingsworth Spencer CPAs.
If you are a business owner in the Latino community and you need help with your business bookkeeping, then look no further than Killingsworth Spencer CPAs. My name is Geirson Bejarano, and I am a Senior Staff Accountant with Killingsworth Spencer. I take calls every week from frustrated business owners because they do not understand what their financials mean. Some are making money, but they don’t know it. Others are losing money when they believe they are making a lot of it. Sometimes we get a referral from a banker who tells us their client could qualify for a business loan [...]
https://www.youtube.com/watch?v=KZwfgY___l0 Our economy is reliant upon service businesses more than ever before. We have all come to realize that we can do our best work when we specialize. Killingsworth Spencer CPAs is here to help you understand what is behind the numbers in your family business so you can make informed decisions regarding the future of your enterprise. Our clients enjoy that they are free to call us anytime to answer simple questions without being charged. To find out more, give me a call at 770-552-8286.
I am Geirson Bejarano of Killingsworth Spencer CPAs. I am a Senior Staff Accountant and am studying for my Enrolled Agent (EA) license later this year. I am also working towards earning my CPA license by the end of next year. https://www.youtube.com/watch?v=xrezOskQrLA If you are a business owner in the Latino community and become frustrated because you cannot locate an excellent company to do your tax work at a reasonable price, then look no further than Killingsworth Spencer CPAs. We have an outstanding tax department, and we are bilingual. We offer our clients a unique service: proper training on critical [...]
Lynn Spencer here with Killingsworth Spencer CPAs. Today I want to present a special SHOUT-OUT to two very important people on our staff who make it possible for us to spend more time “helping our clients understand the choices that matter”™. When you call our office during the week, you will hear the familiar voice of either Ann Drury or Sheldon Sickles; they listen and promptly respond to your requests enabling our accounting staff to work efficiently. Ann has been with us for almost two years and is our Firm Administrator; she exudes positive energy throughout our office. She is happily [...]
Did you know that you can use GA Film Tax Credits to actually reduce the effective state income tax rate? Click on the video and in 90 seconds you will discover how the process works. https://www.youtube.com/watch?v=E_ox7TWC8L8 Killingsworth Spencer CPAs is your go to source to learn how the GA Film tax credits work for Georgia residents. Give us a call at 770-552-8286
Advanced Child Tax Credits – What are they and who gets them? by Lynn Spencer Beginning July 15, 2021, and continuing for the remainder of this year, the IRS will send advanced Child Tax Credits (CTC) to eligible families via direct deposit, check, or debit card. Monthly payments will be $250 per child ages 6 to 17, and $300 for children 5 and under. To qualify, married filing joint households must have modified AGI of $150,000 or less, Head of Household under $112,500 and less than $75,000 if filing alone. Higher income amounts will result in phaseouts of the credit. Past [...]
Employee Retention Tax Credits – does your business qualify for this substantial tax credit? by Lynn Spencer Business owners may be eligible for a very significant tax break, the Employee Retention Tax Credit (ERTC). It was first introduced in March 2020, under the CARES Act, but has since expanded twice in eligibility and tax credit and extended through December 31, 2021. Eligible businesses can deduct up to 70% of up to $10,000 in qualified wages paid, per employee, per qualifying quarter, which is a potential credit of $28,000 per employee in 2021, up from $5,000 per employee in 2020 (most businesses [...]