R&A CPAs blog

Preparing for an Audit

The word ‘audit’ can invoke images of piles of paperwork, discovery of horrible mistakes, and endless email chains in our mind’s eye. For auditees, exhaustion can creep in before the…

Tax Planning Strategies for Multi-State Real Estate Investors

In today’s market, investing in real estate across state lines has become an increasingly accessible and effective way to build a diversified portfolio and tap into areas that show strong…

How Do You Know When Your Business Is Ready for a CFO?

One of the biggest challenges in running a successful company is managing growth. Not having the right skill set in place is like having the bat boy fill in as…

Tax Harvesting Strategies: How to Make Gains and Losses Work in Your Favor

Learn tax-gain and tax-loss harvesting strategies for 2025. Maximize investments, reduce tax liability, and plan year-end tax positions with proven tactics.

December 2025 Newsletter

Arizona Tax Credits for Individuals – 2025

Discover Arizona tax credits for 2025: charitable donations, foster care, school tuition, and military family relief. Learn limits and filing deadlines for maximum savings.

Can I Claim a Tax Deduction for that Donation?

Clarify which donations are tax-deductible. Understand 501(c)(3), churches, schools, and other exempt organizations. Know what qualifies for your tax deduction.

Taxpayer Right to Representation in IRS Matters

Understand your right to IRS representation. Learn how CPAs and authorized representatives help with audits, negotiations, and IRS compliance to protect your interests.

No More Paper Tax Refund Checks

Paper tax refund checks ended September 30, 2025. Learn about direct deposit, digital payment options, and how to ensure faster refunds with electronic filing.

November 2025 Newsletter

IRS Announces New Automatic Exemption from Penalty Program

August 26, 2026

The IRS’s Automatic Exemption from Penalty (AEP) program simplifies tax relief by automatically waiving failure-to-file, failure-to-pay, and failure-to-deposit penalties for compliant taxpayers. Replacing the manual First Time Abate process, the automated system evaluates eligibility during return processing—waiving penalties for individuals and businesses with three years of clean compliance history—without requiring formal requests or phone calls.

Estate Planning is Changing: What Families Should Revisit Now

August 26, 2026

Shifting tax exemption thresholds, evolving retirement account rules, and changing family dynamics make static estate plans a risk. Families should revisit their plans now to update beneficiary designations, review trusts, refresh health care and financial powers of attorney, and adjust wealth transfer strategies to ensure their assets remain protected and align with their current intentions.

What to Consider When Selling Your Business to Employees

August 26, 2026

Selling your business to employees through an ESOP, cooperative, or management buyout preserves your company’s legacy and rewards your team, but it requires careful planning. Success hinges on choosing the right ownership structure, securing realistic financing (often involving seller notes), obtaining an independent valuation, and preparing strong leaders to handle daily operations after the transition.

The State of Construction Bonding in 2026: What Contractors Need to Know About Financial Reporting

August 26, 2026

Navigating the 2026 bonding landscape requires contractors to treat financial reporting as a strategic tool rather than a routine compliance exercise. With surety carriers tightening underwriting standards following elevated project complexities, labor costs, and recent severe claims, securing maximum bonding capacity hinges on transparency and financial discipline.

July 2026 Newsletter

July 30, 2026

Caught In Prescott – Lessons in Fraud Prevention and Monitoring

July 30, 2026

Fraud in Prescott – lessons in fraud prevention and monitoring for your business.

IRS Makes Rare Midyear Change to Mileage Rates

July 30, 2026

A break for many who have been hit by high gas prices: The IRS has quietly announced a revision to the optional standard mileage rates for computing the allowable deductible costs of operating an automobile. Click through to see what has changed—and what hasn’t.

The Purpose of Form I-9: What Employers Need to Know

July 30, 2026

Every employer needs to complete Form I-9 for their employees. It is an important compliance document. Here is what you need to know.

Meet Junna Stockwell, CPA, Supervisor – Assurance

July 30, 2026

Junna is a supervisor in our Assurance department. In her role, she solves financial problems and helps provide accurate financial reporting for our clients.