Brad WootenJan 14 min2021 Personal Budget ReviewEvery January 1st I look forward to sitting down and looking at our personal budget. Not everyone does it, but I think it's very informative
Brad WootenJan 28, 20214 minI got a letter from the IRS. Now what?So you have received a dreaded letter from the IRS. Now what? Don't panic and don't bury your head in the sand. There is a way forward.
Brad WootenJan 15, 20213 minAre you a year or more behind in filing your income tax returns?Whatever your situation, Wooten CPA is here for you when you are ready to get caught up, and the sooner, the better.
Brad WootenJan 1, 20213 min2020 Personal Budget ReviewEvery January 1st I look forward to sitting down and looking at our personal budget. Not everyone does it, but I think it's very informative
Brad WootenDec 15, 20204 min2020 year end tax planning tipsIf you wait until tax time, it's too late for the majority of your best tax savings strategies.
Brad WootenDec 14, 20203 minPick a fight with the IRS? Sure, why not?Many people think that the IRS has the final word, but that isn't exactly accurate.
Brad WootenDec 4, 20203 minIRS Notices: What do they mean?Many times, simply understanding the notice can alleviate a lot of stress.
Brad WootenNov 4, 20205 minIRS Collection Process: How does it work?If you want to know what the next step should be, it's very helpful to understand the process that the IRS is following.
Brad WootenOct 27, 20203 minWhat to do if you cannot pay the taxes?I have helped many clients through that exact scenario. Fear not, there is a light at the end of the tunnel.
Brad WootenOct 21, 20203 minSeriously, what are my chances of an IRS audit?There actually are some things that will increase your chance of an IRS audit. What are they?
Brad WootenOct 19, 20203 min5 common ways companies "cook the books"There are several ways companies go about doing this, below are some of the most common examples.
Brad WootenOct 14, 20204 minNonprofit Leader: 6 financial actions to take right nowYou have been entrusted not only with your people and the mission of your organization, but also with the financial resources.
Brad WootenOct 7, 20203 minAdditional tax saving tip for clergyOnly clergy benefit from this tax saving tip related to retirement contributions.
Brad WootenOct 5, 20203 min31 Ways to Get Money Fast in Your Small Business For many small businesses, it’s time to get scrappy and entrepreneurial when it comes to cash flow. Here are 31 ideas to make it through.
Brad WootenSep 30, 20205 minTrump Tax Returns... Did Trump pay only $750 in taxes?The headlines say Trump paid only $750 in taxes for 2016 and 2017. Is there political spin? What's the truth?
Brad WootenSep 28, 20203 minMost common types of tax fraudWhen done on purpose, these are acts of tax evasion and fraud. However, it is possible to commit some of these acts unintentionally.
Brad WootenSep 23, 20203 minIRS reminds taxpayers to take the home office deductionThe IRS wants individuals to consider taking the home office deduction. The benefit may allow taxpayers to deduct certain expenses.
Brad WootenSep 21, 20203 minBut I hired a tax professional...When you hire a tax preparer, you are still responsible for the return. As soon as you sign it, you are stating that it is true and accurate
Brad WootenSep 14, 20203 minBudget. It's not a 4 letter wordShow me someone "doing just fine" without a budget and I'll show you how they could be doing even better financially if they had one.
Brad WootenSep 10, 20204 minShould you be your own bookkeeper?Do you understand double entry accounting? Can you translate financial statements into business decisions? Is it really saving you money?