Eakes and Company Certified Public Accountants
So Much More Than Just a CPA Firm
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From Kittens to Investments…everything we care about

Accounting Software Tools

Accounting software sells itself as being much more than a simple spreadsheet or ledger. Is your system living up to the hype? If not, make sure you’re taking advantage of its full functionality. An on-staff champion may be able to share his or her knowledge, or you could engage a consultant to retrain employees.

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Amanda Rogers
Grow Your Investments

It’s a good time to review your portfolio for tax-saving strategies. The long-term capital gains tax rate is still historically low on appreciated securities that have been held for more than 12 months. The federal income tax rate on long-term capital gains recognized in 2019 is 15% for most taxpayers. However, the top rate of 20% plus the 3.8% net investment income tax (NIIT) can apply at higher income levels.

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Amanda Rogers
Vegas Baby!

If you’re lucky enough to be a winner at gambling or the lottery, congratulations! But be aware there are tax consequences. You must report 100% of your winnings as taxable income.

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Amanda Rogers
Nanny Taxes on Housekeepers?

You may have heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you. Hiring a housekeeper or other household employee (who isn’t an independent contractor) may make you liable for federal income tax, Social Security and Medicare (FICA) tax and federal unemployment tax.

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Amanda Rogers