News & Resources

The Hultquist Blog

Relying on Just Your Profit and Loss Statement Will Make You Broke

As a CPA, I meet with a lot of business owners, and it never surprises me when I hear them say “we have a profit, but I never have any cash!” It’s definitely a real concern…and there’s a relatively simple solution. First off, make sure your accounting is right. As the old saying goes, garbage […]

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5 Common Tax Return Preparation Mistakes

Greenville, South Carolina is such a great place to live – this part of the country is beautiful and the people here are absolutely fantastic.  And I consider it a blessing to be able to help these people navigate the complex system called the tax code. And for those we don’t have the privilege of […]

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IMPORTANT Message From The Hultquist Firm

While the formal announcement of an exciting new addition to The Hultquist Group of Companies is not scheduled until the New Year, it seems timely to let you know about a powerful financial planning and investment advisory solution to be offered to our tax/consulting clients and their families. For years I have been frustrated with […]

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Social Security Wage Base Increases for 2013

The Social Security Administration (SSA) has announced that the maximum amount of earnings subject to Social Security will be $113,700 for 2013, up from $110,100 for 2012. SSA also reported that the so-called “nanny tax” threshold remains at $1,800 for 2013. On October 19, Rep. Steny Hoyer, D-Md., House Minority Whip, urged Congress to consider […]

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I Got An IRS Notice!! What Do I Do?

It’s a moment every person dreads. You pick up the mail and there is an envelope from the IRS and it’s NOT a refund check. It’s an IRS Notice….What do you do? Well first, DON’T PANIC… Each year, the IRS sends out millions of “correspondence audits” to taxpayers to request payment of taxes, notify them […]

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