Current Office Status

Begining on May 24, 2024, we will be closing our office at 12:00pm on Friday. This will remain in effect until August 30, 2024 (Labor Day Weekend).

Welcome to Don Brooks & Associates, Inc. Online Office

Spend Some Time

Explore our Online Office. There are many different ways to use the services here. You can:

  • Learn about the services we offer.
  • Stay Alert to tax and accounting news.
  • Link to a variety of news and other helpful sites.
  • Take Advantage of numerous tax tips.

Please browse the pages of this site and feel free to e-mail any questions, suggestions or other feedback. This web site is meant to be an extension of services provided to you.

Visit often as additional news and helpful information will be continually added in an effort to serve you better.

Announcements

Tax Quiz - Is It Taxable?

The IRS seems to always have a surprise up its sleeve for the unsuspecting taxpayer. Here's a fun True or False quiz to test your knowledge of what's taxable. Enjoy!

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Important Moves to Consider When Interest Rates Change

A domino effect occurs each time the Federal Reserve changes interest rates. An increase leads to higher rates for consumers when they borrow, while paving the way to better returns for savings accounts. A decrease results in paying less interest when borrowing money, but also causes a drop in how much your savings can earn.

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Avoid a Penalty and Tax Surprise when Withdrawing from Retirement Accounts

Retirement accounts that provide tax breaks have very specific rules that must be followed if you want to enjoy the financial rewards of those tax breaks.

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Yes! You Owe Tax on That

6 Surprising Taxable Items

If something of value changes hands, you can bet the IRS considers a way to tax it. Here are six taxable items that might surprise you:

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News

Keep Track of Home Improvements

The large gain exclusion creates a tax risk

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Audit Proof Your Tax Return

No one likes the stress involved when your tax return is under the audit spotlight. Here are some ideas to avoid some of the more common audit triggers.

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Homeowner Alert! Review Your Tax Forms

New tax rules are creating confusion

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Common Missing Items = DELAYS

Review these common causes of filing delays

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Wednesday, 24th July 2024
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