House Approves Bipartisan IRS Reform Bill
The House on April 9 approved by voice vote a bipartisan, bicameral
IRS reform bill. The IRS bill, which now heads to the Senate, would
redesign the IRS for the first time in over 20 years....
Congress takes first steps to tax reform
Tax reform continues to be highly touted in Congress as lawmakers
from both parties call for simplification of countless complex
rules, overhaul of tax rates, and more. At times this year,
IRS focuses on new partnership audit rules
Legislation enacted in 2015 provides new rules for IRS partnership
audits. The new rules are a drastic departure from current rules
and the IRS is hopeful that the rules will simplify the audit
How do I? Set up a like-kind exchange
Under Code Sec. 1031, a taxpayer can make a tax-free exchange of
property held for productive use in a trade or business or for
investment. The exchange must be made for other property that the
Welcome to Rio Grande CPA, a full service accounting firm focusing on Tax, Accounting/Bookkeeping, and Consulting for individuals and small businesses. We can be your one stop shop for professional accounting services. We endeavor to provide the highest quality professional service and guidance you should expect of a CPA firm.
This website has been designed to become a helpful resource tool to our valued clients and visitors.
Check out the Information Center above for useful resources such as informative articles and interactive financial calculators. You can sign up for our monthly e-newsletter at the e-newletter icon below.
Have questions? View the Frequently Asked Question "FAQ" page or feel free to contact us. We would love to hear from you.
A public accounting firm headquartered in Taos, New Mexico, USA.