TWILLEY, ROMMEL & STEPHENS P.A

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Heads up – New Security Measures at TRSCPA to Protect You!

10.01.2019
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Heads up!

This year Twilley, Rommel & Stephens, P.A. will be implementing an electronic signature process for tax returns and engagement letters. When your documents are available for signature, an automated email prompting you for an electronic signature will be coming from Carli Beauchamp (cbeauchamp@trscpa.com). This process is very secure and is one of the steps our firm is taking to protect your sensitive data. Further, once your returns are completed we will be uploading them to our Sharefile portal, which will allow you to securely access your tax return(s) via your own personal log-in […]

Tips on How to Cut Your Tax Bill by Dec. 31

17.12.2018
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Tips on How to Cut Your Tax Bill by Dec. 31

December 13, 2018 Justina Coronel
47 ABC – It may seem too early to start thinking about your tax return but holding off could actually cost you hundreds of dollars.

The quicker you get to work on your taxes, the better you’ll be for 2019.

There are simple steps that you can do to save some big bucks, as long as you do it by December 31st.

One way to cash in, move money into a 401K. CPA Thomas Hudson says, “Any contributions that you […]

3rd Quarter 2018 Tax News

17.07.2018
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This special edition Q3 2018 Tax Letter is full of investing and planning strategies that can help you with ongoing financial management and tax planning.  It contains information on:

Tax Planning under the Tax Cut and Jobs Act of 2017

Solving the annuity puzzle
The new tax law will change divorce tactics
No tax deductions for business entertaining
 Two five-year tests for Roth IRAs
 Insuring key people at small companies

 

CPA Client Tax Letter Q3 2018 from TR&S CPA 

Click to Read!

See Also: Citation and Resource Guide accompanying […]

Maryland’s New Minimum Wage Increase

5.07.2018
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As of July 1, 2017, the minimum wage in Maryland for most workers is $9.25 an hour, while the federally-mandated minimum wage remains at $7.25 an hour. For tipped employees, the Maryland minimum cash-wage is $3.63 an hour. On July 1, 2018, Maryland’s minimum wage will increase to $10.10 an hour.

https://msa.maryland.gov/msa/mdmanual/01glance/economy/html/wages.html […]

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