Precision Accounting & Tax Preparation LLC

If you haven't heard about the new forms K-2 & K-3, be warned, they are a nightmare and will be extremely costly for those who are caught in the cross hairs! Here are some tips to make for certain your not required to file these forms! For more questions on the latest tax updated, see your friendly local tax professional at Precision Accounting & Tax Preparation LLC! 573-668-0077

Don't forget to bring your form 6419 to do your taxes!

Filing season starts 1/24/22, get ready, we are!

Watch your mail! These documents are critical to am accurate return!

IRS issued standard mileage rates for 202258.5 cents per mile driven for business use. The optional standard mileage rates are used to calculate the deductible... costs of operating a car for business, charitable, medical or moving purposes. To learn more, click here: https://go.usa.gov/xetnV

The IRS has over 2.7 million unprocessed amended returns. While all delays can't be avoided, your local tax professional can help avoid many common delays!