Portland City Arts Tax

In November 2012 Portland voters passed the Arts Education and Access Income Tax.  If you are a Portland resident over the age of 18 you must pay the $35 tax unless you have either no income or you are under the federal poverty level.    For more information and to pay the tax go here.

 

It’s Official!

As of February 13th I am now an Enrolled Agent.  This means that should you need representation in the case of an IRS audit, or if you simply don’t want to call the IRS in regards to a letter you received – little miss Magnolia Management can do it all for you!

Photos

Below are a handful of photos I’ve taken while visiting with clients over the past couple of months

a box of letters at Porch Light

a box of letters at Porch Light

a bright and beautiful sunbeam shines in at AK Vintage

a bright and beautiful sunbeam shines in at AK Vintage

Brooks Banjos' most recent completed work

Brooks Banjos’ most recent completed work

perfectly organized tools at Little Red Press

perfectly organized tools at Little Red Press

darling earrings at Twill

darling earrings at Twill

Trophies from the big hunt at Paxton Gate PDX

Trophies from the big hunt at Paxton Gate PDX

 

beautiful wood shelving display at Oko

beautiful wood shelving display at Oko

 

this guy lives a good life at Eden

this guy lives a good life at Eden

 

lovely flowers at Form and Flora

lovely flowers at Form and Flora

 

 

 

Happy New Year!

I just love the coming of a new year.  As a bookkeeper; it’s the time that I close out the books for all my clients.  We make sure everything is just right and tie it up into a pretty package with a bow and prepare for tax filings.  I like the closure it brings and the freshness of a new year.

2012 was a great year for me.  I studied hard and passed the 3 part exam to become an enrolled agent – I’m still waiting on my application to process with the IRS but I’m hopeful that within the month I’ll have my license.  Becoming an enrolled agent will allow me to serve my clients better – I’ll be able to represent a taxpayer in case of an audit or just to call the IRS on a taxpayer’s behalf.

For 2013 – my goals are to work hard, stay organized, spend more time in my garden and to remember to bring those damn reusable bags to the grocery store.

Year End Charitable Donations

Consider a tax deductible donation to one or more of the following organizations that are near and dear to my heart:

YU  A center for contemporary art in South East Portland. It is led by a desire to support emerging and under-acknowledged contemporary artists, propose new modes of production, and stimulate the ongoing public discourse around art.

PDX Pop Now! is dedicated to stimulating and expanding participation in Portland music. As an all-volunteer organization committed to being accessible, current, and local, we provide and support live performances and recorded materials. We aspire to advance a sustainable community which values inclusivity and a high caliber of artistry to enable a creative dialogue between artist and audience.

Siren Nation is a unique arts organization that showcases and creates performance and exhibition opportunities for women throughout the year. We are the only women’s collective that produces an annual festival showcasing the original work of women working in music, film, performance and visual art.

Mileage Tracking

With the new year fast approaching I’d like to encourage all you self employed folks out there to track your business mileage in the coming year. I’ve been using the iphone app Trip Miles but there is no shortage of apps out there.  With Trip Miles (and most other apps I’ve seen) you can email a handy dandy report to your tax preparer at the end of the year.    Also, a good ol’ notebook and pen kept in the console of your car works.

Mileage rates for 2013 are 56.5 cents for business miles; 24 cents for medical miles and 14 cents for miles driven in service of charitable organizations.