Articles

Small Business Accounting and Tax Practices

Article: Small Business Accounting and Tax Practices—Pitfalls to avoid Category: 1040 Income Tax Small Business Accounting and Tax Practices—or what pitfalls to avoid May 21st, 2020 Jessica I. Marschall, CEO, Marschall Accounting Services LLC Over the past nineteen years of being a CPA providing tax consultation services to small businesses, I have seen the good, […]

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Tax Season 2021 Recap-Relevant Tax Issues And How To (Hopefully)

Article: Tax Season 2021 Recap-Relevant Tax Issues and How to (Hopefully) Category: 1040 income tax, Charitable Donations, Itemized deductoins Jessica I. Marschall, CPA, President Marschall Accounting Services LLC August, 2022 One: What Went So Wrong with Federal Withholdings? Were you in for a huge shock when you finished taxes and owed a huge debt to […]

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Tax Court Disallows a Charitable Donation on a Technicality

Article: Tax Court Disallows a Charitable Donation on a Technicality Category: Charitable Donations Jessica I. Marschall, CPA, ISA AM, AAA Associate Member President & CEO Marschall Accounting Service, The Green Mission Inc., and Probity Appraisal Group August 15th, 2022 The US Tax Court has delivered yet another loss of a non-cash charitable contribution, this time […]

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IRS Increased Funding-What This Means For Taxpayers

Article: IRS Increased Funding-What This Means for Taxpayers Category: IRS Fearmongering language has been popping up from some public figures regarding the new Congressional bill allotting $79.6 million dollars to the IRS. We will outline what this bill does and, more importantly, does not mean. One: The IRS is Not Bringing Guns to Middle Income […]

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Tax Season 2021: An Even Crazier Version Of 2020

Article: Tax Season 2021: An Even Crazier Version of 2020 Jessica I. Marschall, CPA President & CEO Marschall Accounting Services LLC Hold on tight—this is a long article. Skip around for sections pertaining to your personal tax situation or read in its entirety, possibly at bedtime to combat insomnia. Many CPA and tax firms have closed […]

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