Tax and Bookkeeping Services Specialists Serving Phoenixville and Wayne Areas Suggest Getting A Head-Start on Planning for the 2015 Tax Year

Written by Ed Caine, CPA on . Posted in Blog

EP Caine & Associates CPA, LLC serve residents and businesses in the areas around Phoenixville and Wayne and are experts with providing tax and bookkeeping services. They solve all tax needs for individuals, corporations and non-profits. EP Caine & Associates LLC can help maximize your refund through their extensive knowledge of the tax code. Did you know that the tax code has undergone more than 4,500 changes since 2001? Edward Caine and Steve Mankowski are two CPA’s that are experts at understanding all of the nuances in an often confusing tax environment. EP Caine & Associates CPA, LLC also has comprehensive[...]

Five Reasons to Use Wayne Area EP Caine & Associates CPA LLC for Tax and Bookkeeping Services

Written by Ed Caine, CPA on . Posted in Blog

1. Using software to file taxes yourself can be complicated and it is possible to run into technical or other difficulties. Individuals may file electronically using tax software. However, it can be confusing and lead to technical difficulties. The popular Turbo Tax Software had fraud concerns and shut down the filing of state taxes for a period of time. Using a CPA for tax and bookkeeping services can help minimize these concerns and make filing a much simpler technical task for you. 2. If you experienced a major life change in the last year, such as moving to or working in another[...]

Malvern Area Residents Can Look to EP Caine & Associates CPA, LLC for Tax and Financial Services Regarding Issues With 2014 Tax Forms

Written by Ed Caine, CPA on . Posted in Blog

Residents in the Malvern area, concerned about information regarding their 2015 taxes, can look to EP Caine & Associates CPA, LLC for solutions and tax and financial services. When presented with an issue such as not receiving your tax forms, or discovering incorrect information on tax forms, it is challenging to decide what is the next step. Ed Caine discusses what actions need to be taken should you find yourself in this situation. The Internal Revenue Service (IRS) provides advice on their website should you have not yet received tax information, or your corrected tax information. You should have received all[...]

Specializing in Accounting and Tax Services in the Wayne Area, Caine CPA Discusses the Implications of the Affordable Health Care Act on Taxpayers in 2015

Written by Ed Caine, CPA on . Posted in Blog

Wayne area specialist in Accounting and Tax Services, Ed Caine, of EP Caine & Associates CPA, LLC describes the implications that not carrying a health insurance policy will have on taxpayers in the 2015 year. The Affordable Health Care Act (also known as “Obamacare”) requires that all taxpayers report health insurance coverage, or else be subject to paying a tax penalty in 2015. If you and your family carry a health insurance policy and are covered medically, you simply will check a box on your tax return indicating so, and your online tax solution will guide you through the simple process[...]

2013 Tax Statistics

Written by Ed Caine, CPA on . Posted in Blog

Specializing in tax and bookkeeping services and serving Wayne, Bryn Mawr and the entire Main Line, EP Caine & Associates CPA, LLC will prepare your taxes for the 2014 year in an affordable and efficient manner. We have a strong team of accounting professionals whom all have the same goal; providing expert solutions to individuals and businesses alike. Our firm is small enough so that you feel welcome and at-home when you are with us; we form a relationship with you as your trusted adviser. With the 2014 tax season approaching, it is time to start your tax planning. We realize[...]

Planning Ahead

Written by Ed Caine, CPA on . Posted in Blog

Serving the Phoenixville Area; EP Caine & Associates CPA, LLC Provides Expertise in Accounting and Tax Services to Help You Plan Your 2014 Taxes Ahead of Schedule Planning your taxes ahead of time can help save last-minute stress and allow you time to determine all possible deductions. EP Caine & Associates CPA, LLC specializes in accounting and tax services in the Phoenixville area and will help you receive the maximum refund on your tax return. Contrastingly, should you be in the situation where you end up owing money to the IRS, this will allow you time to plan to save the[...]

Tax Cheating Statistics

Written by Ed Caine, CPA on . Posted in Blog

With an estimated 1.6 million people who cheat on their taxes, it may come as a surprise that only a small percentage of taxpayers are convicted of tax crimes every year. In fact, the number of convictions for tax crimes has decreased over the past decade. According to the Tax Foundation, Pew Research, 79% percent of people think that it is morally wrong to cheat on their taxes. According to the IRS, individual taxpayers do 75% of the cheating – mostly middle-income earners. So how do people cheat on their taxes? Most people deliberately underreport income. This is called tax evasion. Others,[...]

Keeping Current with Tax and Accounting Services

Written by Ed Caine, CPA on . Posted in Blog

As CPAs, we have a responsibility to the public, to our clients, and most importantly to ourselves to stay current on the various tax and accounting services and audit changes in our profession. This is part of the trust that we accepted when we decided to obtain our CPA license. This is part of the trust we accepted no matter which state issued that license. Typically, each of us takes at least 40 hours of continuing professional education, or CPE, each year. CPE courses include topics as diverse as Accounting and Audit, Management Accounting Practices (MAP), Federal and state taxation, and[...]

Accounting and Tax Services Explained

Written by Ed Caine, CPA on . Posted in Blog

EP Caine & Associates’ Guide to Tax Extenders Ending December 31, 2013 EP Caine & Associates explains intricacies of accounting and tax services to clients so they’re never caught off guard at the year’s end. Some think that there will be no changes to expiring taxes code; that there are no accounting and tax services that individuals and businesses need to be concerned about, or need to be asking their CPA about. Think again, says Ed Caine. There are plenty of tax and accounting issues to plan for as we near the end of 2013. And we are not discussing the Alternative[...]

Accounting and Tax Services

Written by Ed Caine, CPA on . Posted in Blog

Choosing the Right Firm for Accounting and Tax Services When evaluating a firm to assist with your accounting and tax services, individuals and corporations need to make sure that the firm has the breadth, skill sets, knowledge, and a down to earth way to communicate results. When making this decision that will impact your finances ask yourself; ask the firm, does the CPA firm understand: S Corps LLCs Partnerships, and Sole Proprietorships and how to explain the differences among them? One should look for a firm that can recommend a specific structure depending upon the goals of the shareholders/owner, a firm that has the experience to recommend[...]