Privacy Policy

We value your trust and confidence and we want to assure you your personal and business information is kept completely confidential by us. As Certified Public Accountants we adhere to the highest level of professional ethical responsibility and obligations to protect the confidentiality of all client information.

This Privacy Policy is to help you understand what information we collect about you, the limited times we may share it with others, and what measures we take to protect your privacy.

Continue reading Privacy Policy

What Income is Taxable?

While most income you receive is generally considered taxable, there are some situations when certain types of income are partially taxed or not taxed at all.
Some common examples of items that are not included in your income are:

  • Adoption Expense Reimbursements for qualifying expenses
  • Child support payments
  • Gifts, bequests and inheritances
  • Workers’ compensation benefits
  • Meals and Lodging for the convenience of your employer
  • Compensatory Damages awarded for physical injury or physical sickness
  • Welfare Benefits
  • Cash Rebates from a dealer or manufacturer
  • Economic Stimulus Payment received in 2008

Continue reading What Income is Taxable?

Picture Credit

The picture of Las Vegas is attributed to http://en.wikipedia.org/wiki/File:Las_Vegas_Strip.png

This Blog is being Developed

Karl is converting his website over to a complete wiki/blog in order to create more ease of use for his clients and himself. Stay tuned, his web developer, Jay Allen, will be working on it throughout the weekend.