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 & CPAFeb 6, 20212 minThe IRS is Broken: People are UpsetMy friend Art called me last week to tell me that he received a notice from the IRS demanding that he file his 2019 tax return. Art ...
Mark Gleason, President & CPADec 26, 20201 minAnother Round of Cash Stimulus PaymentsEligible individuals will receive $600 ($1,200 for a married couple) plus $600 for each qualifying child. Eligibility phases out for...
