Schultz CPA, LLC

07/27/2022

Now Might Be a Good Time for a Roth Conversion. One silver lining in the current bear market is that this could be a good time to convert assets from a traditional IRA to a Roth IRA. Converted assets are subject to federal income tax in the year of conversion, which might be a substantial tax bill. However, if assets in your traditional IRA have lost value, you will pay taxes on a lower asset base when you convert.

One silver lining in the current bear market is that this could be a good time to convert assets from a traditional IRA to a Roth IRA. Converted assets are subject to federal income tax in the year of conversion, which might be a substantial tax bill. However, if assets in your traditional IRA have

01/29/2022

As a tax intern, you will work directly with the CPA owner and other professional tax preparers. Your primary duties include reviewing client information, preparing tax returns in our tax software, and performing quality checks to ensure information is presented accurately on federal, state, and local tax returns.

01/29/2022

As a tax preparer, you will work directly with the CPA owner and other professional tax preparers. Your primary duties include reviewing client information, preparing tax returns in our tax software, and performing quality checks to ensure information is presented accurately on federal, state, and local tax returns.

01/29/2022

We're hiring! Apply now. https://www.columbusaccountants.com/careers/

03/15/2021

While the COVID-19 pandemic is finally slowing down, the economic damage that it caused lingers on. In order to relieve the financial burdens facing many taxpayers and accelerate recovery, Congress has passed the American Rescue Plan Act (the Act). The Act is a $1.9 trillion relief package that will affect millions of individuals and businesses.

A summary of the Act's key tax provisions follows.

While the COVID-19 pandemic is finally slowing down, the economic damage that it caused lingers on. In order to relieve the financial burdens facing many taxpayers and accelerate recovery, Congress has passed the American Rescue Plan Act (the Act). The Act is a $1.9 trillion relief package that will