727·330·3500    ·    Denise Mensa-Cohen, Enrolled Agent    ·    Office Located in Clearwater, Florida
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Tax Relief to Drought-Stricken Farmers

Tax Relief to Drought-Stricken Farmers

The IRS has extended the time that farmers and ranchers have to replace livestock if they were forced to sell it due to exceptional, extreme, or severe drought. If you’re eligible, this may help you defer tax on any gains you received from the forced sales. The...
Tax Relief to Drought-Stricken Farmers

Three Most Common Budgeting Errors

When it comes to creating a budget, it’s essential to estimate your spending as realistically as possible. Here are three budget-related errors commonly made by small businesses, and some tips for avoiding them. Not Setting Goals. It’s almost impossible to...
Tax Relief to Drought-Stricken Farmers

Tips for Taxpayers with Foreign Income

If you are living or working outside the United States, you generally must file and pay your tax in the same way as people living in the U.S. This includes people with dual citizenship. If you’re a taxpayer with foreign income, here’s what you should know:...

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