What the IRS Tax-Filing Extension Means for You

April 28, 2020 | Indianapolis

In the light of the COVID-19 pandemic, the IRS has extended the due date for filing taxes to July 15. This gives businesses and individuals an additional 90 days to file and pay their 2019 taxes. At Brookside Accounting, we’re happy to do tax preparation for small businesses to make sure you have all the needed documentation in order by the new filing deadline. Here’s what you need to know about this extension.

Read More

3 Things to Know for Cryptocurrency Taxes

March 26, 2020 | Cryptocurrency

Cryptocurrencies, such as Bitcoin and other internet-based currencies, are new to the world of finance. Although some CPAs might balk in dealing with clients who trade or mine these currencies, Brookside Accounting is ready for it. Laws regulating cryptocurrencies are new, and the market continues to change, but here are three things to keep in mind at tax time. 

Read More

Year-End Tax Prep Steps You Can Take Now

December 1, 2019 | Fort Wayne

Whether you’re a small business or freelancer, it’s important to start preparing for tax season early. At Brookside Accounting, we know that springtime can get pretty busy, so take some time now to make sure that you’re prepared and organized for what’s ahead as you file your 2019 taxes. 

Read More

Freelancer? Here’s How You Can Pay Income Tax.

November 7, 2019 | Fort Wayne

The freelancing life offers many benefits: flexible hours and no boss lurking over your shoulder, just to name a couple. But being self-employed also comes with some added pressures. Things that were once taken care of by your employer now fall on your plate. Paying your income taxes, for example. Fortunately, Brookside Accounting is ready to help you take the guesswork out of this important part of freelancing. Here’s how you can make sure you’re set up to pay income tax as a freelancer. 

Read More