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Tax Tips for Self-Employed Taxpayers

For more than 10% of the population, tax season arrives with the daunting task of accounting for their small business as a self-employed taxpayer.  What is and isn’t deductible is the source of much confusion.  Here are a few tips to help guide the self-employed. One of the most commonly asked questions is “Can I […]

Delayed Refunds for Many 2016 Tax Returns

There are some important changes that will impact your individual income tax return for tax year 2016.  The changes range from refund delays, due diligence requirements and updated exemption and deduction amounts. Any tax return that claims the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) will be delayed beginning with […]

Thank you, Lakeside!

  Lakeside will forever hold a place in my heart.  My dad, Earl W Moore, started this business 30 years ago in The Hub shopping center and we have called The Hub home ever since. In 2008, I stepped in to help run the business as Dad battled Leukemia. After he passed and I took […]

The next chapter

Exciting changes are taking place at E. W. Moore & Company, Inc.!  As a valued client, I want to take this opportunity to share our news with you. For 30 years, my family has served you from the Hub Shopping Center on Lakeside Avenue, including 20 years in our present location.  With your loyalty, we […]

Home Office Deduction

You’ve decided to start a small business working out of your home. Life is great and you can’t beat the commute. Now, how will this affect your income taxes? Can you deduct expenses for use of your home? The answer is that it depends…on a lot of things. First of all, the business must be […]

What is a 1095?

The most asked question this tax season is “What is a 1095”?  A 1095 is a form that outlines your health insurance coverage for you and your dependents.  It comes in 3 variations: 1095-A, 1095-B and 1095-C. If you obtained your health insurance through the health care marketplace, you will receive a form 1095-A.  This […]

The PATH to a better tax season

On December 18, 2015, the Protecting Americans from Tax Hikes Act of 2015 (PATH) was officially signed into law.  This law extended several deductions and credits that expired at the end of 2014 for individuals and businesses.  The law extended some of the tax breaks temporarily while some of the tax breaks were made permanent. […]

I’m not an employer…or am I?

Most people don’t think of themselves as an employer but if you have a nanny to help with the kids or a caregiver to help with elderly family members, you just might be an employer.   Do you have to do anything special if you hire a nanny or a caregiver? The IRS and the state […]

Heading off to College

Are you or one of your dependents headed off to college this fall?  If so, the IRS provides several education tax credits that will help offset some of the cost.  Here is a brief description of the two most common credits. The first credit is the American Opportunity Credit.  This credit is available only during […]

Data Breach at the IRS

On June 2, 2015, IRS Commissioner Koskinen testified that the IRS suffered a data breach to its “Get Transcript” application.  The data breach occurred between mid-February and mid-May.  Approximately 200,000 accounts were targeted with approximately 104,000 of those targets being successful. What is the “Get Transcript” application?  It is an online program at www.irs.gov that […]