Our Blog & News

This Month’s Posts:

Are you a Locum Tenens physician?

Are you wondering how to navigate tax season as an independent contractor? It’s important to understand the specifics of handling your unique tax situation. Our Andrew Schwartz, CPA, recently presented a webinar for Barton Associates that covers many great tips to...

SECURE Act Deadline Reminder

By Alex E. Oliver, Wealth Manager, First National Corporation The SECURE Act changed the deadline for establishing a profit sharing plan or cash balance plan in order for employer contributions to be made for the 2021 tax year. Previously, this would have been...

Reminders For the Upcoming Tax Season

The tax rules continue to evolve at a record pace.  Below are some reminders for you as we enter the 2022 tax filing season. Advance Child Tax Credit Payments. For qualified taxpayers that will receive advance Child Tax Credit payments from July - December 2021, the...

IRS Issues Standard Mileage Rates for 2022

IR-2021-251, December 17, 2021 WASHINGTON — The Internal Revenue Service today issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.  Beginning on January...

RE: 2022

Personal financial planning is an ongoing process. Financially speaking, 2021 was another good year for most of us even as the Covid-19 pandemic continues to affect all our lives. The stock markets set new all-time highs. Real estate prices around the country continue...

Last Month’s Posts:

Ten Tips to Cut Your 2021 Taxes

As the year winds down, now is the time to take steps to cut your 2021 tax bill while also not pushing too much taxable income into 2022 in anticipation of higher tax rates. Practice owners should begin by finalizing their plans to replenish their supplies and pay...