Tax Services

When it comes to the world of taxes, preparation and planning go a LONG way. We have the expertise and knowledge you are looking for in a tax professional and can help you navigate your options.

We’re happy to help you with any of these services:

Tax Preparation

Stop missing out on potential deductions that could be saving you big money!

Tax Planning

Real strategies and solutions to help you minimize your IRS liability.

5 Next Steps for Tax Return Review

5 Next Steps for Tax Return ReviewSoooooo, what now? I'm glad you (ahem) asked.Just because tax season is over, doesn’t mean we’re not still here for you.In fact, with the IRS experiencing a litany of problems right now, we’ll gently recommend a little tax return...

Factors Affecting Paducah Taxpayers’ 2021 Tax Refund

The world seems to be hanging on a razor's edge.There’s a lot of fear going around with Russia’s invasion of Ukraine last week. With a 24-hour news cycle, a heap of different internet sources, social media feeds, and more, it’s difficult to not give in to it all… and...

Infrastructure Act Tax Implications for Paducah Taxpayers

I don’t know about you, but I'm still over here digesting leftovers from last week’s festivities -- as well as the passage of that trillion dollar infrastructure act in Washington (more on that in a minute). But as November turns into December, I realize (and you...

The Joys Of Providing Professional Tax Services To Paducah

Well, our primary work for this tax season in Paducah has just about wrapped up. But notice I said "primary", there ... you see, unlike some professional tax services in Paducah, we make it a point to do a bit more than simply "fill out forms" on your behalf. I'll...

Dean Owen’s Insights on Good Debt Vs Bad Debt

Before I jump into outlining good debt vs bad debt for all those in Paducah trying to tackle their personal debt, let’s touch on some news from everyone’s not-so-favorite government agency. Late last week (Friday news dump?), ye olde Internal Revenue Service announced...

Effects of Inflation: Plan for This, Paducah Investors

A lot of us Paducah investors are feeling the effects of inflation.And I want to help you navigate through it as best I can. This week, I want to take some time to break down how it could be affecting your investment portfolio.(But Dean … I don’t HAVE an investing...

Retirement Contribution Tax Deductions for Paducah Filers

So, I’m not one for constant gloom-and-doom talk, but I do believe in giving it to you straight. And here it is:Things at the IRS are a maelstrom of hot mess. Some very serious voices are sounding the alarm of impending disaster at the agency ... and no one really...

Are You Paying To Much In Taxes In Retirement?

One of the hidden tax timebombs for retirees, and near retirees, that almost none consider, is managing the tax liability in their 401K and IRA.  Here is the problem, most financial advisors and tax professionals recommend paying the least amount of tax THIS YEAR. ...

Fixing Your Credit Score: How Paducah Spenders Can Build Better Credit

We’re nearing the end of "extension season" around here at M Dean Owen, CPA, PSC ... and it's been a doozy.With so many changes thrown at us, word on the tax professional street is there are going to be a lot of very tired and very grateful Paducah CPAs and tax pros...

Dean Owen’s Three Tips For Resisting Financial Process Automation

Did you see Google's demonstration of their new virtual assistant technology, Duplex, last week? If you did, like me, probably you were both amazed ... and a little bit terrified of the implications. Essentially, Google is close to figuring out how to make it so that...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.
But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!

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