Category Archives: Uncategorized

Tax Scams

Tax Scams/Consumer Alerts IRS-Impersonation Telephone Scam An aggressive and sophisticated phone scam targeting taxpayers, including recent immigrants, has been making the rounds throughout the country. Callers claim to be employees of the IRS, but are not. These con artists can … Continue reading

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2014 Tax Season to Start Later Following Government Closure

2014 Tax Season to Start Later Following Government Closure; IRS Sees Heavy Demand As Operations Resume IR-2013-82, Oct. 22, 2013 WASHINGTON — The Internal Revenue Service today announced a delay of approximately one to two weeks to the start of … Continue reading

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IRS Announces Tax Season Begins

IRS ANNOUNCES TAX SEASON BEGINS AND DETAILS FORMS STILL SUBJECT TO DELAYED FILING IRS has announced that the 2013 filing season opens on January 30, and on its website detailed the Forms that could be only filed at a later … Continue reading

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Safe Harbor Provides Simplifies Option for Claiming Home Office Deduction

Rev Proc 2013-13, 2013-6 IRB, IR 2013-5 In a Revenue Procedure, IRS has provided an optional safe harbor method that individuals can use to determine the amount of their deductible home office expenses, effective for tax years beginning on or … Continue reading

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Payroll tax changes

The temporary payroll tax cut will no longer apply. The two percentage point cut in employee OASDI tax under FICA (from 6.2% to 4.2%) and in the self employed OASDI tax rate under SECA (from 12.4% to 10.4%) expires at … Continue reading

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Tax Planning Basics

3 Ways to Reduce Your Taxes The goal of tax planning is to arrange your financial affairs so as to minimize your taxes. There are three basic ways to reduce your taxes, and each basic method might have several variations. … Continue reading

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QuickBooks Class Testimonial

Great way to learn the fundamentals of Quickbooks The small class makes it easy to ask questions and I felt like I got more one on one experience. Best of all I learned how to reconcile bank accounts and track … Continue reading

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Start Planning Now for Next Year’s Tax Return

At Bagby, Johnson and Associates, AC this year’s tax season went off without a hitch. Now is the time to use this year’s tax return as a road map for next year. Did you owe? Did you get a large … Continue reading

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Do you owe the IRS Money?

IRS Offers New Penalty Relief and Expanded Installment Agreements to Taxpayers under Expanded Fresh Start Initiative March 7, 2012 WASHINGTON — The Internal Revenue Service today announced a major expansion of its “Fresh Start” initiative to help struggling taxpayers by … Continue reading

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On January 1, 2012, the City of Huntington will begin imposing a Municipal Sales and Use Tax

On January 1, 2012, the City of Huntington will begin imposing a Municipal Sales and Use Tax (hereinafter referred to as “Municipal Tax”) at the rate of 1%. This 1% Municipal tax will be in addition to the West Virginia … Continue reading

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