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Anthony, here is your Newsletter for Wednesday, October 07, 2020. We hope you enjoy these articles!
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Meet Anthony Brunson, CPA

It's time to meet the brains behind the operation, Anthony “Tony” Brunson, CEO of Anthony Brunson P.A. Click image or title to learn more. 

Disaster Relief Payments: A Simple Way To Help Employees

There's an underrated benefit flying under the radar as the COVID-19 pandemic rages on — and it comes in the form of tax-free disaster relief payments. Click image or title for insight into this simple, tax-advantaged program.

What is a Levy? IRS and Other Asset Levies Explained

Falling behind on your debts is never a fun place to be. It’s less fun when a levy is placed on your assets. In this article, we take a look at what an IRS levy is, why it happens, and what you can do about it. Click image or title to learn more. 

The Percentage-Withholding Method: How It Works

The calculations surrounding withholding can get very complicated, and the redesigned Form W-4 added additional wrinkles.  For a look at the bracket vs. percentage methods, and how the math plays out, click image or title. 

Know How To File Interest and Dividends

Do you have interests and dividends? Then you'll need to learn about Schedule B, which helps compute the income tax due on these. For an introduction to the types of interest subject to federal income tax, click image or title to learn more.

Can Trump write off $70K in haircuts? IRS allows tax deductions for highly unusual expenses — including fertility treatment, vasectomies and rehab

The Internal Revenue Service is not as punitive on tax write-offs as some people might think. Click image or title to read more. 

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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