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…but you’re not a CPA!
There are many different credentials among tax and financial professionals, and even for a professional office like ours, the variety of credentials can get confusing. The CPA license is the most common among tax and accounting matters. It is widely recognizable, and...
Financial Fitness
With the New Year comes an opportunity for resolutions. Many of us make resolutions at thistime of year. Unfortunately, sometime during the New Year we tend to abandon or forget those resolutions.Two of the most popular New Years resolutions are to save money and get...
Deducting Disaster Losses
A question many Haywood County residents will be asking this tax season is whether a deduction is permissible for disaster losses. Today’s discussion will primarily be for individuals with losses to a primary residence and household furnishings. Disaster loss rules...
Cryptocurrency Taxation After The Jarrett Case
Blog post by R. Joseph Ritter, Jr. CFP® EA A client recently made me aware of a federal court case involving cryptocurrency taxation. This post will review how the case may impact the future of cryptocurrency taxation. In Jarrett v. USA, the taxpayers correctly...
From Passive to Non-Passive:
Real Estate Investments
Real estate by default is treated as a passive activity for income tax purposes. This means that passive income is included in Adjusted Gross Income, however, passive losses can only be offset by other passive income. In many cases, real estate investing can produce...
Can An S Corporation Shareholder Have an HRA?
This is a question I am receiving more frequently, and it seems fitting to address it in a blog post. There are also quite a few articles on this topic, but nearly all of them leave out important points and background information. The question is usually posed by a...
How Is Cryptocurrency Taxed?
Cryptocurrency is gaining more widespread acceptance as an alternative form of payment and transfer of assets. The question that invariably arises is how will cryptocurrency be taxed? The tax landscape is most likely subject to change, however, currently, there are...
Correcting a TIAA RMD Rollover
A client came recently with a TIAA 403(b) and traditional IRA seeking help correcting a TIAA RMD rollover mistake. For a number of years, the client had been able to roll taxable distributions from TIAA into the IRA. Each distribution contained both an RMD which the...
Premium Tax Credit Case: Part 1
https://youtu.be/POZ3Qtl7pHk R. Joseph Ritter Jr. CFP® EA discusses the ongoing saga of a premium tax credit case which involved mistakes by the Marketplace. #premiumtaxcredits #AffordableCareAct #marketplace #taxtips
Coaching for Startup Businesses
https://youtu.be/z0SIhRlaYJQ R. Joseph Ritter Jr. CFP® EA reviews the 2020 tax season after working with micro and small business startups. In this short coaching video, he discusses some basic tips for making your business venture profitable. #smallbusiness...
…but you’re not a CPA!
Jul 26, 2022 | Uncategorized
There are many different credentials among tax and financial professionals, and even for a professional office like ours, the variety of credentials can get confusing. The CPA license is the most common among tax and accounting matters. It is widely recognizable, and...
Financial Fitness
Dec 5, 2025 | Personal Finance
With the New Year comes an opportunity for resolutions. Many of us make resolutions at thistime of year. Unfortunately, sometime during the New Year we tend to abandon or forget those resolutions.Two of the most popular New Years resolutions are to save money and get...
Deducting Disaster Losses
Jan 17, 2025 | Natural Disasters
A question many Haywood County residents will be asking this tax season is whether a deduction is permissible for disaster losses. Today’s discussion will primarily be for individuals with losses to a primary residence and household furnishings. Disaster loss rules...
Cryptocurrency Taxation After The Jarrett Case
Nov 22, 2023 | Cryptocurrency
Blog post by R. Joseph Ritter, Jr. CFP® EA A client recently made me aware of a federal court case involving cryptocurrency taxation. This post will review how the case may impact the future of cryptocurrency taxation. In Jarrett v. USA, the taxpayers correctly...
From Passive to Non-Passive:
Real Estate Investments
Dec 22, 2022 | Uncategorized
Real estate by default is treated as a passive activity for income tax purposes. This means that passive income is included in Adjusted Gross Income, however, passive losses can only be offset by other passive income. In many cases, real estate investing can produce...
Can An S Corporation Shareholder Have an HRA?
Jun 28, 2022 | Uncategorized
This is a question I am receiving more frequently, and it seems fitting to address it in a blog post. There are also quite a few articles on this topic, but nearly all of them leave out important points and background information. The question is usually posed by a...
How Is Cryptocurrency Taxed?
Mar 8, 2022 | Uncategorized
Cryptocurrency is gaining more widespread acceptance as an alternative form of payment and transfer of assets. The question that invariably arises is how will cryptocurrency be taxed? The tax landscape is most likely subject to change, however, currently, there are...
Correcting a TIAA RMD Rollover
Nov 19, 2021 | Uncategorized
A client came recently with a TIAA 403(b) and traditional IRA seeking help correcting a TIAA RMD rollover mistake. For a number of years, the client had been able to roll taxable distributions from TIAA into the IRA. Each distribution contained both an RMD which the...
Premium Tax Credit Case: Part 1
Aug 27, 2021 | Uncategorized
https://youtu.be/POZ3Qtl7pHk R. Joseph Ritter Jr. CFP® EA discusses the ongoing saga of a premium tax credit case which involved mistakes by the Marketplace. #premiumtaxcredits #AffordableCareAct #marketplace #taxtips
Coaching for Startup Businesses
Aug 27, 2021 | Uncategorized
https://youtu.be/z0SIhRlaYJQ R. Joseph Ritter Jr. CFP® EA reviews the 2020 tax season after working with micro and small business startups. In this short coaching video, he discusses some basic tips for making your business venture profitable. #smallbusiness...
How to protect refunds from a spouse’s federal debt.
Aug 29, 2020 | Uncategorized
https://vimeo.com/426103239
Correcting an S-Corp Balance Sheet
Jul 30, 2020 | Uncategorized
https://vimeo.com/420098098