Blog

Get the Latest Tax and Accounting News on the TAG Blog

At The Accounting Guys, we strive to stay up to date on the latest tax law changes, accounting best practices, and other important news that might impact our clients and their businesses—and we pass that information on to you through the TAG blog. Check out the articles below to get the latest tips and information about tax law, bookkeeping, accounting, and more.

What Eligible Medical Expenses Are Tax Deductible?

What Expenses Are Deductible?  When determining whether or not you qualify for the medical expenses deduction, it’s important that you know which expenses can be counted towards your total medical...

What Eligible Medical Expenses Are Tax Deductible?

Read More

What Expenses Are Deductible?  When determining whether or not you qualify for the medical expenses deduction, it’s important that you know which expenses can be counted towards your total medical...

6 Ways To Verify A Reliable Tax Preparer

1. Ask for Their PTIN  Anyone who is paid to prepare federal tax returns is required to have a Preparer Tax Identification Number, or PTIN. Be sure to ask anyone...

6 Ways To Verify A Reliable Tax Preparer

Read More

1. Ask for Their PTIN  Anyone who is paid to prepare federal tax returns is required to have a Preparer Tax Identification Number, or PTIN. Be sure to ask anyone...

Claiming Education Tax Credits Return

The American Opportunity Credit  The American Opportunity credit replaced the Hope Scholarship credit in 2009 and offers a more generous benefit to those who qualify. This credit covers 100% of...

Claiming Education Tax Credits Return

Read More

The American Opportunity Credit  The American Opportunity credit replaced the Hope Scholarship credit in 2009 and offers a more generous benefit to those who qualify. This credit covers 100% of...

5 Important Tax Considerations For Engaged Couples

Filing Status  The most obvious change to your taxes will be that you will no longer be filing as an individual. However, it’s important to note that your filing status...

5 Important Tax Considerations For Engaged Couples

Read More

Filing Status  The most obvious change to your taxes will be that you will no longer be filing as an individual. However, it’s important to note that your filing status...

How To Secure Personal Information Offline

Lock Up Important Documents  Any important documents in your home should be locked in a safe place that is not easily accessible. Be sure it is protected from roommates, repairmen,...

How To Secure Personal Information Offline

Read More

Lock Up Important Documents  Any important documents in your home should be locked in a safe place that is not easily accessible. Be sure it is protected from roommates, repairmen,...

5 Benefits Of Outsourcing Business Payroll

1. Cost Reduction  For those who believe doing your payroll in-house is going to save you money, this might come as a surprise. But the fact of the matter is,...

5 Benefits Of Outsourcing Business Payroll

Read More

1. Cost Reduction  For those who believe doing your payroll in-house is going to save you money, this might come as a surprise. But the fact of the matter is,...

New Child Tax Credits Will Impact Utah Tax Return

What’s Included in the Tax Bill?  Few details on the new Utah tax bill have been made available yet, but the tax cut for families will come in the form...

New Child Tax Credits Will Impact Utah Tax Return

Read More

What’s Included in the Tax Bill?  Few details on the new Utah tax bill have been made available yet, but the tax cut for families will come in the form...