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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.

How To Qualify Tax Exclusions On A Sold Home

Requirements to Qualify  The IRS allows up to $250,000 of profit on a home’s sale to be excluded from your tax return. For married couples filing jointly, that amount is...

How To Qualify Tax Exclusions On A Sold Home

Requirements to Qualify  The IRS allows up to $250,000 of profit on a home’s sale to be excluded from your tax return. For married couples filing jointly, that amount is...

What To Know On Paying Taxes For Cryptocurrency

Don’t Treat It Like Cash  Cryptocurrency creates a bit of a blurred line between cash assets and investments. While it is possible in many places to use cryptocurrencies like cash,...

What To Know On Paying Taxes For Cryptocurrency

Don’t Treat It Like Cash  Cryptocurrency creates a bit of a blurred line between cash assets and investments. While it is possible in many places to use cryptocurrencies like cash,...

Deductin Vehicles Purcahses For Business Use In...

Changes to Limits  In the past, the limits for the amount you could deduct on a vehicle purchase differed depending the type of vehicle you bought—passenger vehicle, or a truck...

Deductin Vehicles Purcahses For Business Use In...

Changes to Limits  In the past, the limits for the amount you could deduct on a vehicle purchase differed depending the type of vehicle you bought—passenger vehicle, or a truck...

Understanding Estimated Tax Payments: Who, When...

Who Needs to Pay?  As mentioned above, anyone with a source of income that is not taxed upfront should be making estimated payments. This includes:  Sole proprietors or partners in...

Understanding Estimated Tax Payments: Who, When...

Who Needs to Pay?  As mentioned above, anyone with a source of income that is not taxed upfront should be making estimated payments. This includes:  Sole proprietors or partners in...

Signs You're A Victim Of Tax Related Identity T...

Signs You’re a Victim  First, it’s important to know the signs of tax-related identity theft. If your Provo tax professional or the IRS contacts you regarding any of the following...

Signs You're A Victim Of Tax Related Identity T...

Signs You’re a Victim  First, it’s important to know the signs of tax-related identity theft. If your Provo tax professional or the IRS contacts you regarding any of the following...

Streamline Your Business Finances with Professi...

Professional Bookkeeping Services  In addition to our tax professionals, we have a number of expert bookkeepers on staff who can help to maintain your business’s books. We’ll ensure that your...

Streamline Your Business Finances with Professi...

Professional Bookkeeping Services  In addition to our tax professionals, we have a number of expert bookkeepers on staff who can help to maintain your business’s books. We’ll ensure that your...

Charitable Contributions For Non-Cash Items Cla...

Determining the Value  The first step in claiming a non-cash donation on your tax return is to calculate the fair market value (FMV) of the item or items that you...

Charitable Contributions For Non-Cash Items Cla...

Determining the Value  The first step in claiming a non-cash donation on your tax return is to calculate the fair market value (FMV) of the item or items that you...