Blog
How McMinnville Taxpayers Can Craft Their 2024 Tax Planning Strategy
The Super Bowl seems to turn into a bigger deal every single year. Not just the cost of commercials, which are astronomical, but also all the lead-up to it. The Pro Bowl, the player interviews, the photo shoots, the practices, the celebrity appearances, the glitz and...
What IRS Auditors Can & Can’t Do to McMinnville Taxpayers
The IRS is delivering on their December promises to ramp up compliance and collection efforts with big hitters on the tax side of things (high-income individuals, complex partnerships, and large corporations). This comes as the result of unbelievably high...
5 Estate Planning Strategies for McMinnville Taxpayers in 2024
Here at the beginning of 2024 (okay, a month in) as you consider this year’s goals, might I posit “Save money on taxes” as one of them?We are facing another tax filing season (Jan 29 - April 15), and the dread of owing the government. It’s a real thing for a lot...
Lisa Heckman’s Top 2024 Financial Strategies
The official tax season start date has landed—JANUARY 29th. That’s next week.This is your cue to start gathering everything you need for your tax appointment. (Speaking of… have you booked yours with us yet? It’s early so there are still plenty of spots open, but...
How McMinnville Businesses Can Avoid IRS Trouble in 2024
“The difference between tax avoidance and tax evasion is the thickness of a prison wall." — Denis HealeyI bring this quote up today to say, the IRS isn’t messing around lately. They're cracking down on businesses playing fast and loose with their tax obligations.Now,...
What McMinnville Taxpayers Should Know About IRS Property Seizure
The start of the year is almost here, and with that comes a shifted mindset toward new beginnings. New year, fresh start. But, that doesn’t mean wiping the slate on everything in 2023, and that includes any tax debt you’ve piled up and haven’t dealt with. So if...
2024 Tax Credits & Deductions for McMinnville Taxpayers
To all our valued Above All Accounting clients and friends,We enjoyed yet another year of working alongside our clients to assist with tax filings, bookkeeping, payroll, and all the projects in between. We are already looking forward to 2024 which will mark the 30th...
Heckman’s Guide to Small Business Deductions
As a tax professional, I've seen it all when it comes to tax deductions – from the ordinary to the, well, let's say 'creatively ambitious' when it comes to small business deductions — like claiming a pet as a 'security expense' or insisting that a daily cappuccino is...
Lisa Heckman’s Simple Steps Toward Minimizing Debt
Often, when you're faced with IRS debt, there are other nasty little financial problems that can crop up.I have to tell you though, as I sat down to write this, it made me think about some McMinnville clients that I've walked with over the years who fought their way...
Non-filing Isn’t a Good Option for McMinnville Taxpayers
The events of 2020 were both a reprieve for Yamhill County taxpayers (like you) and a nightmare for tax pros (like me). And the complications of that year and the one following created a backlog for the IRS. That’s one of the reasons they shut off the reminder notices...
Lisa Heckman’s Tips to Avert Financial Crisis
I gotta say, every time I hear a new disaster being reported on the news, I am struck by how different my daily existence is from the devastation I see in the photos in my feed.I must confess to feeling some "disaster fatigue" setting in.It’s hard to see hard things...
Heckman’s Taxpayer Bill of Rights Breakdown
This is the week when tax filing mess-ups hit the fan again. The tax extension deadline on Monday, October 16 will still see McMinnville people not filing (even though they did file an extension request and get approved). And in preparing things, it will reveal bigger...