Blog
Understanding Your Birmingham Airbnb And Taxes
As of this writing, the federal government is still in a "partial shutdown", and things are starting to fray around the edges, even for those whose paychecks aren't being affected. Already, it's the longest in history.Which, for a media starving for any kind of...
What Do I Need To File My Taxes For 2019? Here’s Randall Hancock’s Checklist
Oh, you thought that calendar on your phone was accurate, did you? You thought 2018 was DONE WITH. OVER. (Hurrah)?Whoops. The fact is that over the following weeks and months, you will be reliving all of your financial decisions from 2018 while we put together your...
Randall Hancock’s Take On Bad Predictions By Experts
Well, we're staring into the fresh light of 2019 -- and that means that we can now take a good, dispassionate look back at our progress towards what we were aiming for in 2018. Which leads to the big question: How was your 2018?I often believe that reviewing your year...
Randall M. Hancock CPA, PC’s Holiday Prayer
As you probably know if you are paying any kind of attention to events OUTSIDE of Birmingham (which, this week, you'd certainly be sane if you DIDN'T pay attention to the national news), the government is in "shutdown mode".This means that unless the President and...
The Art of Connecting With Influencers by Randall Hancock
Hanukkah is behind us, and Christmas (with its associated slowdown) is just about a week away.The world seems to quiet around that time, no matter your faith tradition, but here at Randall M. Hancock CPA, PC, these "holidays" are a bit of a misnomer. That's because...
Six Key Year-End Tax Moves That Birmingham Folks Should Consider
Do you see that train barrelling towards the station? The one with "2018" all over it? This calendar year is about to change in under three weeks, and most people I know couldn't be happier about the fact.But what that means for our Birmingham clients and friends here...
2018 Tax Planning Strategies Questionnaire For Birmingham Taxpayers
Wait, you thought I meant the holidays?Ha. As much as I love Andy Williams, what I REALLY mean is tax planning season. That is to say, year-end moves. :)And next week, I'll give you some generalized moves you can make that can affect your tax bill (in positive ways...
Randall Hancock’s Nine Can’t Miss Questions For Year-End Tax Planning
With the Thanksgiving leftovers mostly consumed by this point, we are turning our eyes to year-end matters.And this year, there are LOTS of things to consider as we approach 12-31-18.Because yes -- the standard deduction this year has been significantly increased, and...
Randall Hancock’s Reflections On Lincoln’s Thanksgiving Proclamation While Our Country Is In Chaos
Is it just me, or does it feel like Thanksgiving week arrived suddenly this year? And how did it get here so fast?With so many momentous events over the past few weeks (elections, shootings, wildfires, and more), it feels a bit surreal -- and incongruous, even -- to...
One Significant Habit Of The Wealthy In Birmingham — Generous Charitable Contributions
Now that we have a divided Congress again, we can all sit back and enjoy the gridlock that is headed our way.Or something.I don't blame you if you tune out from politics -- and I also don't blame you if you find yourself jumping more intentionally into the fray....
What To Do When You Experience A Sudden Income Increase In Birmingham
I don't know about you, but I am *celebrating* the end of all of the automated phone calls and ads, now that this election is behind us. And no matter how you feel about the results, I hope we can all agree that it's good to put all the shouting behind us.Er, well ......
Randall M. Hancock CPA, PC’s Guide to Nailing this Year’s Holiday Budget
Plans, plans, plans.We're all about those plans.These days, we're working with a fair number of our Birmingham clients to get ahead of all of the changes to the tax code. Yes, there's a larger standard deduction next year, and that might make sense for you.But I'll...