American Opportunity Credit

For tax years beginning in 2009 and 2010, the Stimulus Act includes taxpayer-friendly modifications to the Hope Scholarship higher education tax credit (Hope Credit).  The Hope Credit is also temporarily renamed the American Opportunity Credit (Opportunity Credit).  Under the revamped rules, the Opportunity Credit equals 100% of the first $2,000 of qualified post-secondary education expenses

Why Online Access Makes Sense

You are probably used to accessing much of your critical information online – your bank account and financial information, for example. Online access to information is critical these days, allowing instant access to data and documents when you need them — the ultimate in convenience. At our accounting firm, we provide our clients with the

President’s Plan for Overhauling

On February 22, the Treasury Department released a document called “The President’s Framework for Business Tax Reform.” It carries a rough blueprint for the President’s plan to cut corporate tax rates, simplify corporate tax rules, and reform the international tax rules. It also carries some proposals for simplifying and reducing the tax burden for small

Compare Accounting Professionals

We are frequently asked how a Certified Public Accountant (CPA) is different than a bookkeeper, accountant, or Enrolled Agent (EA). It is a very important question, and you need to have a clear understanding of the differences so you can make the right decision on who will best serve you and or your business. Bookkeeper