Auburn-Opelika (334) 887-7022 | Montgomery (334) 244-8900

Returning Value Blog

Lisa Albritton

Recent Posts

Tax Document Retention Guidelines for Small Businesses

Posted by Lisa Albritton on Apr 24, 2018

You may have breathed a sigh of relief after filing your 2017 income tax return (or requesting an extension). But if your office is strewn with reams of paper consisting of years’ worth of tax returns, receipts, canceled checks and other financial records (or your computer desktop is filled with a multitude of digital tax-related files), you probably want to get rid of what you can. Follow these retention guidelines as you clean up.

Full Story

Posted in Business Tax

Business or Hobby?  

Posted by Lisa Albritton on Mar 21, 2018

 

Under the new tax law, you can’t deduct hobby expenses.

Full Story

Posted in Individual Tax

The First Social Security Check Recipient

Posted by Lisa Albritton on Mar 06, 2018

Do you know who received the first Social Security check and for what amount?

Full Story

Posted in Individual Tax

Donors Can Get Emotional Satisfaction and Tax Benefits Through Their Giving.

Posted by Lisa Albritton on Feb 21, 2018

Which countries, states, and individuals give the most to charity?

Full Story

Posted in Individual Tax

Seven Steps for Tax Return Season

Posted by Lisa Albritton on Jan 11, 2018

One sure sign that spring is coming: It is time to prepare to file your annual tax return. You can alleviate some of the usual stress if you have your 2017 return professionally prepared, but you still have some work to do. Here are seven practical suggestions to help you spring into action: 

Full Story

Posted in Individual Tax

You Give Back. Now It's The IRS's Turn

Posted by Lisa Albritton on Dec 07, 2017

Volunteers can get a tax break for unreimbursed expenses.

Full Story

Posted in Individual Tax

Are You On The Hook For Unauthorized Charges?

Posted by Lisa Albritton on Nov 02, 2017

With the recent Equifax hack, it serves as a reminder of how easily your information can fall into the wrong hands. Here are some basic guidelines of just how liable you are for lost or stolen bank cards.

Full Story

Posted in Individual Tax

Tax Implications Of The Sharing Economy

Posted by Lisa Albritton on Oct 03, 2017

Do you provide car rides through a mobile app, rent out your spare room using an online platform or repair computers for local businesses on demand? If so, you may be considered part of the "sharing economy" also known as the Gig or on-demand economy.

Full Story

Posted in Individual Tax

Take The Lottery Money and Run?

Posted by Lisa Albritton on Sep 15, 2017

 

What to expect if you win the big lottery jackpot.

Full Story

Posted in Individual Tax

What Does It Cost To Raise A Child In The U.S.?

Posted by Lisa Albritton on Jun 29, 2017

Kids are expensive, but tax breaks can help parents.

Full Story

Posted in Individual Tax

Recent Posts

Returning_Value