bergelinmurphy.com RSS Feed http://bergelinmurphy.com/ Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Apr 2021 09:00:00 -0500 Thu, 01 Apr 2021 09:00:00 -0500 Q & A: The $10,200 Unemployment Tax Break http://www.bergelinmurphy.com/newsletter.php#4 A new tax break - in effect only for the 2020 tax year - allows you to exclude the first $10,200 of unemployment compensation from your taxable income. Thu, 01 Apr 2021 09:00:00 -0500 http://www.bergelinmurphy.com/newsletter.php#4 PPP Loan Deadline Extended Through May 31 http://www.bergelinmurphy.com/newsletter.php#5 The Paycheck Protection Program Extension Act of 2021 was signed into law on March 31, extending the deadline to apply for a loan by an additional 60 days. Thu, 01 Apr 2021 09:00:00 -0500 http://www.bergelinmurphy.com/newsletter.php#5 Highlights of the American Rescue Plan Act http://www.bergelinmurphy.com/newsletter.php#2 Signed into law on March 11, the American Rescue Plan Act of 2021 contains several tax provisions affecting individuals and families. Thu, 01 Apr 2021 09:00:00 -0500 http://www.bergelinmurphy.com/newsletter.php#2 Federal Tax Deadline Extended To May 17 http://www.bergelinmurphy.com/newsletter.php#1 The federal income tax filing due date for individual taxpayers, including those who pay self-employment tax, has been extended to Monday, May 17, 2021. Thu, 01 Apr 2021 09:00:00 -0500 http://www.bergelinmurphy.com/newsletter.php#1 Economic Impact Payments: Round Three http://www.bergelinmurphy.com/newsletter.php#3 Starting March 12, the IRS began sending out the third round of economic impact payments via direct deposit, paper checks, and EIP Cards. Thu, 01 Apr 2021 09:00:00 -0500 http://www.bergelinmurphy.com/newsletter.php#3 Tax Breaks for Families With Children http://www.bergelinmurphy.com/newsletter.php#3 If you have children, one or more of these tax credits and deductions could help your family reduce the amount of tax owed. Mon, 01 Mar 2021 09:00:00 -0600 http://www.bergelinmurphy.com/newsletter.php#3 Small Business Tax Roundup http://www.bergelinmurphy.com/newsletter.php#4 In 2020, the IRS issued a number of guidance documents as well as final rules and regulations that clarified several tax provisions affecting businesses. Mon, 01 Mar 2021 09:00:00 -0600 http://www.bergelinmurphy.com/newsletter.php#4 Renting Out a Second Home http://www.bergelinmurphy.com/newsletter.php#2 Tax rules on rental income from second homes can be confusing, especially if you rent the home out for several months of the year and also use the home yourself. Mon, 01 Mar 2021 09:00:00 -0600 http://www.bergelinmurphy.com/newsletter.php#2 Capital Gains Tax on Sale of Stocks http://www.bergelinmurphy.com/newsletter.php#5 If you made money last year buying and selling stocks, you may owe capital gains tax. Mon, 01 Mar 2021 09:00:00 -0600 http://www.bergelinmurphy.com/newsletter.php#5 Avoiding an IRS Tax Audit http://www.bergelinmurphy.com/newsletter.php#1 With taxes becoming more complicated every year, there is an even greater possibility of tax confusion turning into a tax mistake and an IRS audit. Avoiding "red flags" like these could help. Mon, 01 Mar 2021 09:00:00 -0600 http://www.bergelinmurphy.com/newsletter.php#1 PPP Loans - what comes next? http://www.bergelinmurphy.com/blog.php?id=27 You received your PPP funds, the next step is for forgiveness. Sat, 30 May 2020 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=27 Business - Tax Cuts and & Jobs Act Planning Opportunities http://www.bergelinmurphy.com/blog.php?id=26 Business Tax Cuts & Job Act (TCJA) Strategy Thu, 01 Nov 2018 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=26 Multiple Rental Properties / Part-time Real Estate professional / qualified real estate professional? http://www.bergelinmurphy.com/blog.php?id=25 Multiple Rental Properties / Part-time Real Estate professional / qualified real estate professional? Fri, 28 Sep 2018 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=25 QBO Tips and Tricks - QBO vs Desktop http://www.bergelinmurphy.com/blog.php?id=20 QBO Tips and Tricks - QBO vs Desktop Thu, 19 Jul 2018 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=20 Dealing with IRS http://www.bergelinmurphy.com/blog.php?id=19 Dealing with an IRS revenue agent or revenue officer Wed, 18 Oct 2017 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=19 Another taxpayer who relied on TurboTax loses in tax court. http://www.bergelinmurphy.com/blog.php?id=18 Another taxpayer who relied on TurboTax loses in tax court. Tue, 22 Aug 2017 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=18 IRS Audit, Tax Bill, Lien or Levy.... http://www.bergelinmurphy.com/blog.php?id=17 IRS Audit, Tax Bill, Lien or Levy.... Wed, 09 Aug 2017 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=17 Unfiled tax returns or a tax levy? http://www.bergelinmurphy.com/blog.php?id=14 Resolving IRS issues Wed, 05 Jul 2017 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=14 IRS has new collection procedures http://www.bergelinmurphy.com/blog.php?id=13 IRS collections Tue, 20 Jun 2017 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=13 How do people get in trouble with the IRS? http://www.bergelinmurphy.com/blog.php?id=12 IRS Issues Thu, 25 May 2017 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=12 Start your return http://www.bergelinmurphy.com/blog.php?id=11 Gathering items to prepare your tax return Mon, 13 Feb 2017 09:00:00 -0600 http://www.bergelinmurphy.com/blog.php?id=11 Are you ready http://www.bergelinmurphy.com/blog.php?id=10 Accumulating information Mon, 16 Jan 2017 09:00:00 -0600 http://www.bergelinmurphy.com/blog.php?id=10 http://www.bergelinmurphy.com/blog.php?id=9 Video produced by DW Video & Multimedia, LLC Thu, 29 Jan 2015 09:00:00 -0600 http://www.bergelinmurphy.com/blog.php?id=9 Have you heard from the IRS? http://www.bergelinmurphy.com/blog.php?id=7 Are you dealing with the IRS? This article is for you. After you read it, give us a call. We have many years of experience in dealing with the IRS. Let us represent you. Tue, 29 Jul 2014 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=7 The numbers your business needs to know http://www.bergelinmurphy.com/blog.php?id=6 Without knowing how your business is doing on a regular basis, it is impossible to plan. While many good business people have a ?feel? for their business, here are some numbers that will confirm your instinct Mon, 29 Apr 2013 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=6 If you turned 70 ½ in 2012, don't be an April Fool http://www.bergelinmurphy.com/blog.php?id=5 If you turned 70 ½ in 2012, don?t be an April Fool remember to take your RMD Thu, 21 Mar 2013 09:00:00 -0500 http://www.bergelinmurphy.com/blog.php?id=5 Do you barter for what you need? If so, here are the rules. http://www.bergelinmurphy.com/blog.php?id=2 In today's economy, many people are bartering to get what they need. Yes, bartering is legal, but you need to play by the rules. Here is what the IRS has to say: Fri, 08 Mar 2013 09:00:00 -0600 http://www.bergelinmurphy.com/blog.php?id=2