Are Your Charitable Receipts Adequate?

The IRS has recently placed increased emphasis on proper documentation of charitable giving by individuals.  Several high-profile cases have produced rather surprising and worrisome results for the taxpayer.  Both cases have centered upon the receipt that the charity...

The Math of Social Security

In today’s low yield world, you’ll earn little interest by keeping your money in a bank account, a money market fund, or a high quality bond. Nevertheless, certain individuals can earn 8% a year, guaranteed by the federal government. If you are between age...

Firm Promotions and New Hires

TJT is proud to announce several promotions as of January 1st, 2013.  Geri Lail, CPA and Amanda Habich, CPA have been promoted to Senior Manager.  Geri works with our tax team and Amanda works with the audit team.  Crystal Cox, CPA has been promoted to Tax Manager. ...

S-Corporation Tax Planning Tips

Small business owners may choose S corporation status. As long as certain criteria are met (see the Trusted Advice column in this issue on “S Corp Criteria” for further information), the S corporation election will be recognized, and corporate income tax will be...