International Business Travel in 2026: Deduct It (Without Drama)
Planning a business trip abroad in 2026? Great news: you can explore new markets, meet global partners, and deduct a good chunk of your travel…
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ABLE Accounts and the Saver’s Credit: A Practical Overview for People with Disabilities
Paying for disability-related expenses often involves long-term planning, especially when public benefits are part of the picture. Achieving a Better Life Experience accounts, commonly known…
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Smart Year-End Tax Planning for 2025 (With Less Stress and More Savings)
As 2025 winds down and everyone starts googling “Is it time for holiday lights?,” there’s one other thing worth turning on: your tax planning brain….
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Starting Fresh: A Year-End Tax Guide for the Newly Divorced
The first year after a divorce comes with plenty of adjustments, from scheduling holidays to figuring out which documents still have both names on them….
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Smart Tax Moves for Homeowners: Deductions to Know Before the Year Ends
Buying a home comes with plenty of decisions: paint colors, repairs, figuring out where the mysteriously slow Wi-Fi signal disappears. But as 2025 wraps up…
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Taking Clients to Lunch? Here’s What Still Counts as a Business Meal Deduction
With the new year around the corner, it is a good time to revisit the rules around business meals. You cannot claim every sandwich or…
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Accounting | News | Tax
Getting to Know Anastasiya Ellebrecht at Smith Patrick CPAs
At Smith Patrick CPAs, our team is the foundation of the service we provide, and we’re excited to introduce Anastasiya Ellebrecht, a CPA who has…
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Accounting | Consulting | Tax
Stretch the Sale, Shrink the Tax: How Installment Sales Work
Selling property or a business? Here’s a strategy that might keep both you and your buyer smiling: the installment sale. Instead of demanding one giant…
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Living Abroad, Taxing Consequences: Avoid These Common Expat Penalties
The expat dream is real: morning cappuccinos in Rome, weekend getaways to Barcelona, maybe even learning to surf in Bali. But here’s the plot twist:…
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Make Next Year’s Tax Season Easier: Simple Habits to Start Now
You’ve filed your taxes (or filed an extension)—and you’re ready to forget about it for another year. But a little bit of organization now can…
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How to Gift Money to Grads (Without Tax Surprises)
Graduation season is here, and if you’re wondering whether it’s okay to tuck a little cash into that card: yes, it is. Money is the…
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Graduating with Debt: Financial Tips for New Grads
You did it—diploma in hand, dreams ahead, and a student loan balance that might rival the GDP of a small country. Welcome to post-grad life,…
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The Dangers of TikTok Tax Tips
Bad advice travels fast—especially online. In the second article of our IRS Dirty Dozen series, we break down how viral tax myths can land you…
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How to Spend Your Tax Refund Wisely (Without Regret or Buyer’s Remorse)
Ah, tax season. That magical time of year when the IRS might just send you a check for overpaying them all year long. It’s like…
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Kicking Off Our IRS Dirty Dozen Series: Don’t Click That “IRS” Email
Email Phishing Scams: Don’t Take the Bait Every year, the IRS releases its Dirty Dozen list—a roundup of the top 12 scams targeting taxpayers, and…
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Dodging the Tax Traps: Common Expat Mistakes (and How to Avoid Them)
Moving abroad is an adventure—new culture, new cuisine, new… taxes? That last one isn’t exactly the highlight of anyone’s expat experience, but it’s crucial to…
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What U.S. Expats Should Know About Taxes Abroad
Sunsets in Spain. Pasta in Italy. Life abroad has plenty of perks—but tax season isn’t one of them. For U.S. citizens and Green Card holders,…
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Filing Last-Minute Taxes? Here’s How to Save—and Stay Sane
We’re in the final stretch of tax season. If you haven’t filed yet, you’re not alone. The IRS says about 25% of Americans wait until…
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How to Make Tax Season Less Painful (Yes, Really)
Tips for Getting Organized and Working with Your Accountant Tax season is back—cue the collective groan. But it doesn’t have to be a stressful, last-minute…
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Growing to Serve You: Meet the Team Enhancing Your Experience at Smith Patrick CPAs
At Smith Patrick CPAs, we know that a great firm is built on great people. That’s why we’re excited to introduce the newest members of…
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How Are Fractional CFOs Different from Accountants?
Imagine your financial team as a movie production. Accountants are like the editors—they piece together everything that’s already been shot, ensuring the final cut is…
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Accounting | Consulting | Tax
What is a Fractional CFO (and Do You Need One)?
Managing your business’s finances can feel like trying to assemble a puzzle without all the pieces. That’s where a fractional CFO comes in—someone who helps…
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Home Sale Taxes Explained: How Tax Basis Impacts What You Pay
With home prices continuing to rise, many homeowners are thinking about the tax implications of selling their property. One critical concept that often gets overlooked…
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Smith Patrick Participates in CPA Program: Experience, Learn, and Earn (ELE) by AICPA and NASBA
ELE: An Adaptable Approach to the CPA Journey The path to becoming a Certified Public Accountant (CPA) is known for its rigor, requiring a mix…
