To our wonderful Clients, Friends, and Family, Tax season is upon us! Please take a moment to review the precautions we here at Senter, CPA are taking to ensure a safe and efficient tax season. To adhere to the social distancing mandate, and to limit the amount of...
We always like to say “Don’t be charitable ONLY for the tax deduction.” However, we also know there is an incentive to do so, especially when receiving a tax deduction. That doesn’t mean we don’t want you to maximize your tax benefit; we...
The Most Common (& Expensive) Bookkeeping Mistakes: Incorrect Payroll Reporting: If you currently have employees and/or plan on having them in the future, then you will need to become very familiar with payroll taxes, inclusive of the various tax forms and...
As tax and accounting professionals in the financial industry, we here at Senter CPA recieve lots of questions during our client consultations and reviews. Providing thoughtful advice taylored specifically to our client is our expertise. We take much pride in...
An IRS audit takes place when the Internal Revenue Service (IRS) chooses to investigate a taxpayer to ensure that tax laws are being followed. Filing your tax return entirely, accurately and truthfully will reduce the odds of being audited and increase the likelihood...
Unsure how to make your upcoming estimated tax payment? Here’s how. Most folks don’t like to pay taxes, nor pay them quarterly, especially if they’re experiencing economic hardships due to COVID-19. However, you don’t want to end up paying...
