Mark S Gleason CPAOct 10, 20211 minWhat to do with a loan to you that has gone bad? What to do with a loan to you that has gone bad? Question: I made a loan to a relative that will never be repaid. Can I take a deduction...
Mark S Gleason CPASep 26, 20212 minI Need a Copy of My Tax ReturnI Need a Copy of My Tax Return Retaining copies of your federal tax return is important. Not only will you need the return in case of...
Mark S Gleason CPASep 19, 20212 minHow to Defend Your DeductionsHow to Defend Your Deductions Helping make the IRS auditor say yes When faced with questions on your tax return deductions, it is getting...
Mark S Gleason CPASep 12, 20212 min I'm Being Audited! Less than 2% of over 145 million individual tax returns filed will be selected for audit. The percentage increases for higher income...
Mark S Gleason CPAAug 16, 20211 minWhy do I need a tax professional when I can buy tax prep software?Question: Why do I need a tax professional when I can buy tax preparation software? Answer: Tax software producers claim their products...
Mark Gleason, President & CPADec 27, 20202 minHow Does an Employer Substantiate Eligibility for COVID-related Sick and Family Leave Credits?Section 286 of the COVID-related Tax Relief Act of 2020 (passed by Congress on December 21, 2020 but not yet signed into law by the ...