Category Archives: Taxing Matters

Taxing Matters with Jim Wilson, CPA

Jim Wilson - Taxing Matters

The sign on my friend’s desk says: “Do It Now!”

Do it now is good advice.  The Internal Revenue Service issued IR-2017-185 on Nov. 7, 2017.  The message was loud and clear and was meant to initiate a response.  The…

Jim Wilson - Taxing Matters

Important Facts about Filing Late and Paying Penalties

April 18 was this year’s deadline for most people to file their federal tax return and pay any tax they owe. If taxpayers are due a refund, there is no…

Taxing Matters Jim Wilson CPA

P#55w0rD5 are important! But, they are not enough!

The latest incident of computer breach has people talking and asking, “How can I protect my computer from hackers?”  One way to protect your data is to use passwords on…

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How Do You Spell Relief? Divorce?

In my opinion, divorce should not be the first consideration and certainly not a threat tool for shaping a marriage.  I do not know of anything that can be more…

Jim Wilson - Taxing Matters

Eclipse and taxes: Both happen

I am writing this article just minutes before the August 21, 2017 eclipse.  The city is in a massive frenzy over the moon and the sun.  I wish they were  …

Jim Wilson - Taxing Matters

Tax Law: Should We File Jointly?

Peter J Reilly is a Contributor to Forbes Magazine.  He writes about taxes and business. He wrote an article entitled; “Take Care If Filing Jointly With A Financially Irresponsible Spouse”…

Jim Wilson - Taxing Matters

What Do You Want? Really?!

You are walking along a deserted beach and you stumble upon what appears to be an urn.  Picking up the urn and brushing away the sand, you encounter a genie. …

Jim Wilson - Taxing Matters

Erroneous Accounting Data is worse than No Data

The introduction of Quick- Books and other accounting software has greatly expanded, and in some cases enhanced the availability of accounting information.  However, the programs will post exactly what is…

Jim Wilson - Taxing Matters

The Most Precious Possession

If someone should ask you, “What is the most precious asset you own?” What would your answer be?  No doubt you might say one of the following:  My home, my…

Jim Wilson - Taxing Matters

Putting the “Spin” on Your Financial Future

Are you bothered by inertia? Inertia is what makes spinning a raw egg on its top or bottom impossible. Why? The yoke is not attached to the shell and creates…