Unusual tax deductions, like guard dog expenses and cat food for mousing, have mixed success. Research and professional advice ensure your deductions are legitimate—Genovations Accounting can help.

Even if you don’t have knowledge of how to do your own taxes, there are free services that make it easy. So, the question becomes, when should you seek assistance from a professional tax preparer?

We often get the question: “How do I calculate my Tennessee franchise and excise taxes?”. So, in this post, we quickly break down the details and calculations surrounding franchise and excise tax in Tennessee.

There are many financial documents you will need when preparing or providing information for your taxes–one set of those being your bank statements. Your bank statements are incredibly useful supporting documents to help track various areas of your financial situation.

At Genovations Accounting, we talk a lot about our use of IRS Enrolled Agents to handle your tax returns…but just what is an IRS Enrolled Agent? Read on for a detailed summary.

While you can file your taxes on your own, there are still common mistakes that individuals often make when preparing their tax returns without professional assistance. Here are the top 3 mistakes.