Jerry Jones CPA
Wouldn’t it be nice to have a CPA that you deal directly with, that understands your business, that works in all 50 states and is there for you when you need him?
"Jerry Jones, CPA has been successful in filing a 1045 loss on my 2008 tax return, resulting in getting my past five years of federal income taxes returned to me. I appreciate Jerry’s direct approach to the IRS tax laws and his professionalism, and knowledge in dealing with the IRS. Jerry has been a wonderful educator to me in IRS tax laws, and refund amounts available through new IRS rulings. I would strongly recommend Jerry to any Business owners or individuals requiring an in debt knowledge of the IRS laws and rulings. Thanks Jerry for getting my refunds for the past five years"!
Michael Goodwin

syber-crime-tax-adviceWhat You Need to Know to Protect Your Passwords

It's time to have a word about your password.

Many of us use the same sign-on and password over and over for our online accounts.

That's why phishing scams, which often seek password information, are so successful. Once a criminal has your password for one account, it's highly likely you've used the same sign-on information for other accounts.

tax mileage change2016 Standard Mileage Rates for Business, Medical and Moving Announced

WASHINGTON — The Internal Revenue Service today issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

IRS Tax Tips for Deducting Gifts to Charity

The holiday season often prompts people to give money or property to charity. If you plan to give and want to claim a tax deduction, there are a few tips you should know before you give. For instance, you must itemize your deductions. Here are six more tips that you should keep in mind:

3 Reasons You Might Get Audited by the IRS

Odds of a tax audit are actually quite low, but some things can raise them.

The odds of being audited by the IRS are low. Fewer than 1% of tax returns are singled out for review. Your chances can go up, though, if you raise certain red flags. Here are three of them.

Summary of Partnership Tax Changes in New Bipartisan Budget Act

Background

On 11/2/15, the Bipartisan Budget Act of 2015 (the Act) was signed into law. It includes some important new tax provisions dealing with partnership audits and family partnerships. The Act also eliminates some social security loopholes and repeals Section 1511 of the Affordable Care Act which required an employer with more than 200 employees to automatically enroll new full-time equivalents into a qualifying health plan if one is offered by the employer and to automatically continue enrollment of current employees. In addition, the Act includes several pension-related changes, and a host of other changes that will be of little interest to most tax professionals.

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