Juanita Farmer, CPA

This year’s tax deadline may have come and gone, but it’s never too early to start planning for next year. With that in mind, here are five things you can… Read More

According to the US Small Business Administration, small businesses employ half of all private-sector employees in the United States. However, a majority of small businesses do not offer their workers… Read More

If you’re looking to sell your home this year, then it may be time to take a closer look at the exclusion rules and cost basis of your home to… Read More

Key tax provisions in the American Rescue Plan Act of 2021 could affect your tax situation. Here’s what you need to know: Child and Dependent Care Credit Increased for 2021… Read More

While the Net Investment Income Tax (NIIT) tends to affect wealthier individuals most often, in certain circumstances, it can also affect moderate-income taxpayers whose income increases significantly in a given… Read More

Employees and small business owners often have questions about what to do with an employee’s home – and what the tax consequences might be – when they move to a… Read More

Federal law requires most employers to withhold federal taxes from their employees’ wages. Whether you’re a small business owner who is just starting or one who has been in business… Read More

It’s never too late to start, but the sooner you begin saving, the more time your money has to grow. Gains each year build on the prior year’s gains –… Read More

If your child is a student with a summer job, your child’s wages over the summer are considered taxable income. Here’s what they should know: Form W-4. When anyone gets a… Read More

If you’ve given money or property to someone as a gift, you may owe federal gift tax, but in many cases, you will not. For example, there is usually no… Read More

One of the most important questions you face when changing job is what to do with the money in your 401(k) because making the wrong move could cost you thousands… Read More

Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences. If you’re thinking about selling your business the first… Read More