BE CONNECTED Focuses on Retirement Planning
PKS & Company, P.A. Hosts Another Success Women’s Networking & Business Workshop Sponsored by PKS & Company, P.A., BE CONNECTED brought together more than 75 local professional women...
View ArticleIRS Warns of Numerous Tax Scams
IRS Warns Taxpayers of Numerous Tax Scams Nationwide; Provides Summary of Most Recent Schemes IR-2016-164, Dec. 8, 2016 Español...
View ArticleWill You Have to Pay Tax on Social Security Benefits?
Some people are under the misconception that Social Security benefits are always free from federal income tax. However, depending on how much income you have from other sources, you may have to report...
View ArticleAnnual Service Award Recipients
Congratulations to all employees who have reached service milestones in 2016! At PKS, our employees are our most valuable resource. We appreciate and thank everyone for their continued hard work and...
View ArticleRecently Promoted Senior Accountants
We are pleased to announce the promotion of Kevin I. Taylor, Ankit Harkhani, Jerry Rawlings and Jessica M. Mill. Please join us in congratulating all of our newly promoted Senior Accountants! The...
View ArticleCongratulations to the Newest PKS Supervisors
We are pleased to announce the promotion of: Lana Kazlova, MBA, CPA, Mark A. Reynolds, CPA, Leslie N. Aguillon, CPA and Julie M. Wiltbank. Please join us in congratulating all of our newly promoted...
View Article10 Important Tax-Related Developments for 2016
Several significant tax developments happened last year that may affect federal income tax returns that individual and business taxpayers file in 2017. Here’s a quick look at 10 key changes that you...
View ArticleSeniors: Consider These Tax Breaks When Filing for 2016
Are you an “experienced” taxpayer? Here are a couple of age-based tax breaks that seniors shouldn’t overlook when filing their 2016 returns. 1. Claim Your Rightful Medical Expense Deductions If...
View ArticleA Business Plan Can Be Your Guide to Growth
Whether you’re a current business owner or a budding entrepreneur burning with the next great idea, one of the most important steps you can take on your road to success is creating a business plan....
View ArticleNew Additions to the PKS Team
We are constantly seeking professional people who compliment the needs of our clients and share the philosophy of PKS & Company, P.A. Please join us in welcoming our interns: Cari L. Parks, David...
View ArticleUpdate on Home Mortgage Interest Deductions
If you own a home with a mortgage, you should receive an IRS form from your lender each year with information that is used to claim an itemized deduction for qualified residence interest. For 2016,...
View ArticlePKS is Pleased to Announce Our New Partner!
E. Lee McCabe, CPA, CVA PKS & Company, P.A., Certified Public Accountants and Advisors to Business, is pleased to announce the continued growth of the firm with the promotion of E. Lee McCabe,...
View ArticleTax Consequences of Borrowing From a Retirement Plan
If you participate in a qualified retirement plan through your job or self employment — such as a 401(k), profit-sharing, or Keogh plan — you might be allowed to borrow from the account. (The...
View ArticleRenting Out Your Vacation Home? Anticipate the Tax Impact
When buying a vacation home, the primary objective is usually to provide a place for many years of happy memories. But you might also view the property as an income-producing investment and choose to...
View ArticleIRS Cautions Taxpayers of Summertime Scams
IRS Cautions Taxpayers to Watch for Summertime Scams IR-2017-112, June 26, 2017 Español WASHINGTON – The Internal...
View ArticleIs it really the IRS? Don’t get scammed!
How to know it’s really the IRS calling or knocking on your door. Many taxpayers have encountered individuals impersonating IRS officials – in person, over the telephone and via email. Don’t get...
View ArticleKnow the Rules for Amending a Federal Income Tax Return
What should you do if you discover an error on a previously filed individual tax return? For example, you might have missed some tax-saving deductions and credits on your 2016 personal federal income...
View ArticleUnderstand Your Social Security Retirement Benefits
For years, people have questioned the viability of the Social Security system going forward. In July, the Social Security Board of Trustees released its annual report on the long-term financial status...
View ArticleIRS: Beware of Charity Scams Related to Hurricane Harvey
The IRS is warning about possible fake charity scams that are emerging due to Hurricane Harvey. Taxpayers who want to help should seek out recognized charitable groups to make donations. “While there...
View ArticleEquifax Data Breach: What Happened & How To Respond
Equifax, one of the nation’s three major credit reporting agencies, recently reported a massive data breach. Are you among the 143 million U.S. consumers whose personal information was hacked? Here’s...
View Article