Documenting Fiduciary Accounting Practices
Fiduciary accounting, which is also referred to as court accounting, is a way to document and report financial activity during a discrete period of time for legal entities, such as a conservatorship, estate, trust or guardianship.It's meant to give adequate notice to all relevant parties when it comes to every consequential financial activity impacting the administration
Considerations For Paying Off a Mortgage Early
For many, buying a home is the biggest asset they will ever own. However, you aren’t able to fully benefit from that asset until you pay off the mortgage; until then it is technically a liability. The most common length of a mortgage loan is 30 years, but most people either sell their home, refinance their
Latest News From Our Blog
Do I need to file a return this year?
Most people file a tax return because they have to, but even if you don't, there are times when
Covid-19 Tax Resource
Click here to access the latest Covid-19 Tax resources including SBA loan documents, news articles, and more....
PPP LOAN FORGIVENESS AND TAXES
The IRS released Rev. Rul. 2020-27, which holds that taxpayers should not deduct PPP funded expenses in the year the expense was paid or incurred regardless of whether the taxpayer has sought forgiveness on the loan.
New Edmond Office Location
We are on the move again. This time in Edmond. Our new office is at: 16307 Sonoma Park Dr. Suite
Voted Yukon’s Best CPA Again for 2017!!
We want to thank all of the Yukon readers of the Yukon Review for voting Joseph P. Norman as the Best in Yukon for 2015.
Tax Affect of Health Care Laws 2014
The Affordable Care Act, or health care law, contains health insurance coverage and financial assistance options for individuals and families. The IRS administers the tax provisions included in the law.
WE HAVE MOVED YUKON OFFICES
New Yukon location on Garth Brooks.
Refund Loans & Anticipation Checks
At Joseph P. Norman CPA we do not offer any refund loans or similar products. We do not feel they are appropriate and the fees typically charged by preparers are exorbitant.
Where’s My Refund
Check the status of your federal or state refund here.
