Prime CPA

Are you planning to buy your first home, upgrade from your existing one, or refinance your mortgage? Let's take a look at some tax advantages and drawbacks of homeownership.

Wednesday Wisdom and Prime CPA = Success

The Internal Revenue Service recently issued the 2021 optional standard cents-per-mile rates for business, medical and moving purposes. However, you may find it in your best interest to keep track of actual expenses for 2021.

Set yourself up for success with Monday Motivation from Prime CPA

Midweek Wednesday Wisdom from Prime CPA

The IRS has warned taxpayers of a clever scheme by internet scammers to dupe taxpayers into revealing their bank account information under the guise of receiving the $1,200 Economic Impact Payment.

Looking for a sign? Here's your Monday Motivation from Alpharetta based Prime CPA

Prime CPA - Some Friday tax knowledge for our friends and colleagues.

To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement. However, 2020 gives rise to more than the usual tax planning opportunities. Watch this video to learn about these possibilities.

Many people are renting out their homes or vacation homes and are not aware of some special rules that apply to short-term rentals. Some of these rules can be beneficial, while others can be very detrimental.

It matters how you get there. Wednesday Wisdom from Prime CPA

To cope with inflation, the tax code requires the IRS to adjust the tax rates, standard deductions, and a variety of other tax related numbers each year, which they recently released for 2021.

Here's some motivation for your Monday from Prime CPA

End of week tax fact from Prime CPA

A frequent question is whether inherited assets are taxable. Generally, they are not until they are sold, and then only to the extent that the sales price exceeds the fair market value of the asset at the time of the decedent's death. There are exceptions to this rule, such as traditional IRAs and other deferred untaxed income of the decedent.

Some Wednesday Wisdom from your friends at Alpharetta based Prime CPA