Jerry Jones CPA
Wouldn’t it be nice to have a CPA that you deal directly with, that knows the Self Storage business, that works in all 50 states and is there for you when you need him?
In addition to being the best tax advisor I have had the pleasure of working with, Jerry is first and foremost a wonderful person. Building my first storage facility and being a rookie to the industry, I was nervous on what I could expect in my first year of development. With all of the ups and downs of this first year all I can say is I had absolutely no worries when it came to the the most important part of our business - the numbers. Jerry Jones took the time to answer every question or concern we had when going though this process. If you are in the storage business give yourself a leg up and apply Jerry’s experience and expertise of this expanding and ever changing industry. You will be thankful you did.
Bill Pederson
Lock it and Leave it storage

'We Could Not Deliver Your Parcel' email could be scam

deliver-parcel-scam-fraud-CPA-taxElizabeth Weise , USATODAY

SAN FRANCISCO — As Christmas approaches, experts suggest an extra dollop of caution before clicking on email package delivery notices. Fake notifications are proliferating, bringing not holiday cheer — but holiday ransomware.

The holiday phishing season began just before Thanksgiving and will likely extend until after Christmas, said Caleb Barlow, vice president for IBM Security.

“This is a $445 billion business. These are campaigns, run by the criminal equivalent of marketers,” he said.

Security company FireEye sees a significant increase in fake package email alerts beginning in November, an almost 100% increase from the average of September-October.

Common subject lines the company has been tracking include:

IRS, Partners Urge Strong Passwords Help Protect Identities at Tax Time and Beyond

password-protection-IRS-Jerry-Jones-CPAThe Internal Revenue Services and its partners, in the fight against identity theft, urge computer users to strengthen their passwords.

The password serves as the first line of defense to stop hackers and identity thieves from accessing your computer, mobile phone and other internet-accessible devices.

The IRS, state tax agencies and the tax professional industry are asking for your help in their effort to combat identity theft and fraudulent tax returns. Working in partnership with you, we can make a difference.

Tax Planning for Aging Clients: Medical Expense Deduction for Home Improvements

tax-planning-medical-expense-wheel-chairBy Martin M. Shenkman, CPA/PFS, AEP, J.D.
Editor: Theodore J. Sarenski, CPA/PFS, CFP, AEP

Tax practitioners are well aware that the population is aging. The U.S. Census Bureau estimates those age 85 and older could number 18 million by 2050. Aging often brings increased health and mobility challenges. The U.S. Department of Health and Human Services Administration for Community Living projects the number of moderately or severely disabled elderly persons will grow to 22.6 million by 2040.Approximately 79% of people who require long-term care live in their homes, according to the Family Caregiver Alliance. This will necessitate additional home modifications to make homes more accessible, safer, or capable of addressing specific health issues. Many clients making these improvements, with guidance and planning, may qualify for valuable home improvement medical expense deductions. These deductions can be substantial and, thus, of interest to even wealthy clients.

Planning for this deduction can create an opportunity for CPA firms to offer aging clients a range of planning and other services. For example, CPAs as trusted advisers can help aging clients safeguard and manage their financial assets by monitoring their bank, brokerage, and other statements. In addition, at some age or level of incapacity, these clients will need someone to provide bill-paying and related services. Few, if any, people are more qualified to provide these services than CPAs.

IRS, Partners Warn of Online Threats; Protect Personal Computers

Jerry-Jones-Warn-online-threatThe Internal Revenue Service, states and the tax industry remind you that online threats and annoyances abound. There are viruses, worms, Trojans, bots, spyware and adware – all fall under the malicious programs (malware) umbrella.

How do you protect your computer from hackers and identity thieves? You need security software and to keep it turned on. You also need security on all of your digital devices, including laptops, tablets and mobile phones.

The IRS, state tax agencies and the tax professional industry are asking for your help in their effort to combat identity theft and fraudulent returns. Working in partnership with you, we can make a difference.

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