Make the Most of Your 2019 Tax Refund

The refund on your 2018 tax return may be different than you expect unless you heeded the advice of the Internal Revenue Service. After the changes introduced by the 2017 Tax Cuts and Jobs Act, many people needed alterations to […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

IRS Waives Tax Withholding Penalties

As a taxpayer in the United States, you have a legal obligation to pay income tax throughout the year before settling your annual tax account through your 1040 return. If you’re an employee, this is done through withholding tax, while […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

Standard Mileage Rates for 2019

Typically, in late December, the Internal Revenue Service publishes standard mileage rates for use with tax calculations. Use of an automobile can be deductible under some situations, such as businesses or charities, or for personal situations such as transportation for […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

Start the New Year Right (Money-wise)

While it seems arbitrary to some, January 1 is a traditional reset point, a corner to turn away from bad habits and toward new aspirations. The top three resolutions worldwide come down to healthy eating, more exercise and saving more […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

Changes to Retirement Account Limits for 2019

On November 1, 2018, the Internal Revenue Service released cost of living adjustments for pensions as well as retirement related plans for the 2019 tax year.  Here, we’ll review the highlights of the changes. Contribution Limits for Employees For employees who […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

Your New Car: Wealth Killer!

Ah, new car smell. You may not know what’s in it, but who doesn’t love it? A new vehicle, fresh off the lot, is perhaps the number one symbol of American affluence. It’s a piece of the dream and a […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

Reduce Student Loan Debt – Before It Happens

Your worry over your child’s future likely began long before they arrived in the world. Concern over student loans may seem misplaced when you’re helping them navigate their first steps. However, since the power of compounding interest requires time, the […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

8 Tips for Claiming Summer Camp Expenses

Summer camps are a great way to keep the kids busy as well as wrapping up your day care needs if you’re at work during the school break. Though a summer camp may not technically be day care in the […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

Now’s the Time for a Paycheck Checkup

If you were out-of-pocket paying additional tax with your 2017 tax return, now is the best time to review your tax obligations for 2018 to prevent another payout next April. The Tax Cuts and Jobs Act legislation, passed in December, […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.

Things to Know About Checking Accounts

Though it’s no longer as necessary as it once was, most adult Americans have at least one checking account. Once, it was virtually the only cash-less way to move money. Now, with debit and credit cards, online payment systems and […]

About Paul Gaulkin CPA

Paul Gaulkin is a Certified Public Accountant and enrolled with the U.S. Treasury to practice before the IRS. Mr. Gaulkin possesses unique technical knowledge in the process of securing relief for taxpayers nationwide with IRS and State tax problems. With an accounting degree from Florida International University, he is able to transform complex tax and accounting problems into easy to understand solutions.