6 Steps to Take Toward Becoming Financially Stable

Financial stability is a dream goal for many. While it may not necessarily translate to being rich, it means you can comfortably handle your bills, pay your debts and have savings for emergencies and future endeavors. To achieve financial stability and live the lifestyle you desire, you have to cultivate healthy financial habits and put […]

How to Stay Financially Stable when Money’s Tight

When you’re on a tight budget, an unforeseen emergency or even a small, unexpected bill can create a major issue. With everything from housing and utilities to gas and groceries costing more than it used to, finding financial stability can sometimes feel like an uphill battle.  Taking the time to learn how to be financially […]

Tax Implications for Married Couples with Student Loans

Student loans have become a necessary aspect of earning a college degree for millions of students and graduates. For the last several years, college costs have continued a steady climb, leading to a need to rely heavily on borrowing to cover expenses. Student loans can be easy to get, evidenced by the more than 44 […]

New Tax Withholding Estimator

The IRS just released the new Tax Withholding Estimator that is intended to replace the old Withholding Calculator. The new Tax Withholding Estimator includes user-friendly features that is tailored to help retirees quickly and easily calculate the correct amount of tax that should be taken from their pension payments and Social Security benefits. The new […]

Understanding The Student Loan Interest Tax Deduction

Taxes are an inevitable part of everyone’s financial life, and they are often one of the more confusing topics to understand. The tax code is complex, consisting of many rules and guidelines for what’s taxable, what’s not, and what can be used to help reduce tax liabilities each year. However, it is essential to recognize […]

How To Adjust Tax Withholding In Light of The New Tax Law

Last week Gurian CPA was mentioned in an article in HuffPost, “How To Update Your Tax Withholding And Avoid A Surprise Tax Bill Next Year”. The information provided will help you understand how to adjust your tax withholding in light of the new tax law. Now that you’ve received your first tax return after the […]

Tax Scams To Be On The Lookout For

Receiving contact from the IRS can be enough to make your heart drop but being contacted from someone claiming to be from the IRS and falling into a tax scam can sometimes be even worse. The sad thing is that tax scams can happen any time of the year and not just around the tax […]

6 Tax Refund Myths

As tax season comes to a close it’s important to understand and debunk the tax myths that are focused around tax refunds. There are many myths that are focused around your tax refund and it’s always best to consult with your local CPA to understand tax laws and better prepare yourself to avoid penalties and […]

How To Survive An Audit

Getting news from the IRS that you’ve been selected for an audit can be extremely worrisome and overwhelming, even if you believe that you haven’t done anything wrong. When getting a notice from the IRS regarding an audit it is most likely not for a return that you’ve just filed. Generally the IRS has three […]

Love and Taxes

About 10 percent of people in the United States that are currently married said it all began with a Valentine’s day proposal. The vast majority of taxes collected by the IRS each year comes from married couples. Love and taxes go hand in hand, so if you’re a newly married couple or are planning on […]

Standard Mileage Rates For 2019

The IRS has issued the standard mileage rates for 2019. Do keep in mind since the new Tax Cuts & Job Act (TCJA) there have been changes to claiming certain travel and moving expenses. Starting January 1st , 2019 the standard mileage rate for the use of a car, pickup, panel truck or van are […]

Important Tax Deadlines For 2019

Instead of scrambling when tax season rolls around, trying to figure out and gather all of your required tax forms that must be filed, be prepared and keep your eye on upcoming tax deadlines for the 2019 tax season. Gurian CPA has provided all the important tax deadlines for 2019 to keep you informed for […]

10 Tax Terms To Get You Through Tax Season

Just like with every other field of business, the tax field has it’s own lingo, which can add to the complication of understanding how to file your taxes. Gurian CPA has provided a list of 10 tax terms that will get you through tax season and help you identify and understand certain tax phrases.

How To Maximize Your Tax Refund

Everyone knows that the best part of tax season is receiving your tax refund after you’ve filed.  Whether you’re using your tax refund to boost your saving, pay off debt, invest in the stock market or just buy yourself something nice! For the 2017 tax year the IRS collected more than $3.4 trillion, processed more […]

Filing Taxes For A Loved One That’s Passed Away

If a family member of someone close to you passes away, one of the last things on your mind is filing taxes on their behalf. Although, when someone passes away it is still necessary that their tax return be filed in the year that they passed away, as well as years prior that they might not have filed a return. Gurian CPA has provided some tips on filing a tax return on behalf of someone that has passed away before being able to file their taxes.

How to Avoid an Audit

One of many concerns you have while filing your tax return is raising a red flag to the IRS to be audited. You can’t 100 percent protect yourself from an audit because sometimes it’s just the luck of the draw, but you can lower your odds of being audited by following the provided tips below.

The Art to Being Financially Stable in 11 Easy Steps

If you’re working like crazy and still just squeezing by, living paycheck to paycheck. Don’t worry, you’re definitely not alone. An overwhelming 78% of the US population, those being full time employees share this in common with you. When you’re just starting off your career and learning to be independent, long-term financial planning and security is usually not your top priority. Paying rent and living expenses, chipping away at those student loans and credit card debt are usually the things that fall into your top priority. And, after that’s all been taken care of there’s not a lot left over to think about your future. But what if we told you that it doesn’t have to be this way, and there are ways that others are learning how to become more financially stable?

The 12 Tax Tips of Christmas

With Christmas in full view and tax season right around the corner, Gurian CPA has complied the 12 Tax Tips of Christmas to ensure that you’re fully prepared when it comes to filing your tax return for the upcoming tax season. This is an ongoing post with a Tax Tip of Christmas posted every business day until Christmas, so make sure that you stay tuned to make sure that you receive all 12 Tax Tips of Christmas!

Cyber Security Holiday Shopping Tips

December 3rd-7th 2018 is National Tax Security Awareness week. National Tax Security Awareness Week was created by the IRS, State Tax Agencies and Tax Industry to encourage both individual and business taxpayers to take steps to protect their tax data and identities in advance of the 2019 filing season. In light of the National Tax […]

Don’t Be A Turkey When It Comes To Taxes

Thanksgiving is tomorrow, and if that’s not exciting enough on its own, it’s also followed by two of the most popular days for all you shopaholics and bargain hunters.  It’s that time of year where everyone has been purging the internet and local catalogs looking for the ultimate deals for their loved ones Christmas gifts. […]