Family: Married to Debi; two grown sons, Jason and Cody
Occupation: Certified public accountant, partner at McGuire,
Yuhas, Huffman & Buckley.
Education: Bachelor's degree in accounting from Southern
Illinois University at Carbondale and certified public
accountant.
My "I'd rather be ..." bumper sticker would read: "I'd rather be
fishing in Manitoba."Â
Hobbies/interests: Fishing, golf, traveling and motorcycle
riding.
My first job: Walking beans and bailing hay for a local
farmer.
Personal approaches to challenges:Â Try to come up with a
possible solution, and don't give up until you do.
Community involvement:Â I have been involved with Mount Zion
Youth Baseball and Basketball, United Cerebral Palsy, served as
Mount Zion Chamber of Commerce president and treasurer, and served
on finance and administrative councils of my church.
Everyone generally associates accountants with income taxes.
What other services do accountants provide? CPA's also do business
consulting, accounting, financial planning and auditing.
Who should consider having one? Anyone who wants to understand
or know what's happening in their taxes, business or finances.
Who should consider using a professional tax preparer and why? A
professional preparer can really help someone with a business or
properties or just a lot of things going on in their lives. The
problem generally is not knowing what you don't know.
What are some of the key deductions people should be on the look
out for? For 2009, they would be first- and second-time homeowner
credits, additional deductions for new vehicle purchases, the Make
Work Pay credit or, for businesses, the domestic production
activities deduction.
Is it really possible that the Making Work Pay tax credit could
come back to bite me this tax season? Yes. The Making Work Pay
credit is set up to offset the effect of lowered withholdings
throughout the year, but depending on income levels, it could have
a negative effect on refunds at tax time.
What should I be doing now to prepare for the 2010 tax season?
Organize your information as the year goes on, and touch base with
your tax return preparer as the year progresses if your financial
position or expected business results change. Many tax issues can
be altered or offset prior to the year's end. That becomes much
harder after the year ends.