What? Are you saying taxes are stressful? You’re not alone. Why are taxes so stressful? Some people just don’t like doing the math, others may have a dislike of government authority, and WebMD says people who have been through an audit can actually suffer from posttraumatic stress syndrome during tax season. We know, the IRS sucks! But you shouldn’t have to let your tax stress…
Look, we get it. The IRS sucks and the whole idea of taxes is already stressful. Why is your accountant stressing you out more, sending emails about documents and deadlines? The whole reason you hired an accountant was so you could hand over a shoebox and not think about it again until next year in order to reduce tax stress. If only it were that…
Ahhh… the American Dream. Home ownership is a key element in the pursuit of the American Dream. It gives us stability, a place to plant our roots and be a part of a community. It’s also an investment. Paying a mortgage builds equity; paying rent just gives you a place to live for another month. But does buying a home help with taxes? Can buying…
The deadline to file your personal tax return was last Monday. You may not have filed yet and may be asking yourself, “Do I have to file?” Maybe you’ve run some numbers in your head and you’re pretty sure you wouldn’t owe this year. So, are there any valid reasons for not filing taxes? As a licensed CPA firm, we are obligated to tell you,…
The dreaded tax season is over. Tax Day has come and gone and the deadline to file and pay is now passed. But what the heck happens now if you missed the tax deadline? We’re talking specifically about federal income tax penalties here. You’ll need to look up your own state penalties as each state will be different. Minor Tangent We’re not getting into…
I recently watched a TED Talks video, Inside the Mind of a Master Procrastinator by Tim Urban. Procrastinators have this Instant Gratification Monkey in their mind that makes them easily distracted by everything else except for what actually needs to be done, and the only thing the Monkey is afraid of is the Panic Monster which only comes out when a deadline is involved. So,…
Incite Tax & Accounting is a Certified Public Accountant (CPA) firm with offices in Draper, Utah. With over 10 years of experience handling business taxes for large and small Utah companies, Incite Tax is one of the most qualified business CPA firms in all of Utah. No matter your tax needs, Incite Tax is the firm for the job.
Incite Tax believes in sticking it to the IRS. If you’re looking to better your financial situation contact us!
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