Call Today: (202) 789 - 8898
Posted by: Charles P Myrick CPA Posted on: Aug 28 2018

Want to Avoid a Tax Audit? These Things Are Triggers

Summer is the season for tax audits. You may have forgotten all about the tax preparation process of last winter. Realistically, the chances for an individual audit are low - around 0.6 percent or about one in every 160 returns. However, tax preparers advise that it’s important for their clients to be aware of the triggers. Here are the things that the professionals pay attention to as they prepare your tax return:

Read More →
Posted by: Charles P Myrick CPA Posted on: Jul 25 2018

How to Go From Tax Planning to Wealth Building

The true key to building wealth lies in building assets. Regardless of how much money you make, you can build wealth over time through assets. Some people think that putting money in a savings account is a good as making an investment. However, it is impossible to build wealth if you just have money in a bank account. Bank accounts have low interest rates, so you will barely make any money. On the other hand, your money works for you when you invest it. 

Read More →