McCullough & Associates Blog

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2nd Annual Charity Shred Event

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Are you expecting a tax refund and would like to be able to track it?

The IRS is offering it's "Where's My Refund" tracking tools again this year.  There are two ways you can track your refund:

• IRS2GO Mobile App (

Most people agree that insurance is a must. But did you know your credit score may affect your rates? We thought you might like to know more.

Does Your Credit Score Affect Your Insurance Rates?

One landmark study found that credit-based insurance scores are used by about 95 percent of all auto and home insurers in calculating the cost of insurance to individuals.¹

While…

We thought you might be interested to learn more about insurance for gun owners. Here's an article We found informative.

Gun Ownership and Your Homeowners Policy

If you own a gun, you need to consider whether you are covered in the event the gun is stolen or destroyed and protected against any potential liability should your firearm cause an injury.

Gun ownership is a big…

We thought you might find the following information useful as it explains noteworthy changes to Social Security that both retirees as well as those currently paying into Social Security can expect in 2017.

• Cost-Of-Living Adjustment – Based on an increase in the Consumer Price Index over the last two years, a Cost-Of-Living Adjustment (or COLA) will be implemented…

During this tax filing season, more and more states are requiring tax return preparers to include driver's license numbers (or another form of state-issued identification) for e-filing of tax returns, as a measure to help combat identity and refund theft. Although Missouri has not yet mandated this security feature, it is likely to happen soon as identity and refund theft become more of an…

Just like so many people vow to commit to exercise and dieting as a New Year’s resolution, it’s also not a bad idea to take stock of your financial situation and throw in some fiscal goals. Taking a good look into your overall savings plan, wasteful spending and debt can help you get your financial health in tip top shape and increase your prosperity.

Here’s a list of five valuable…

The Internal Revenue Service has issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on January 1, 2017, the standard mileage rates for the use of a car, van, pickup or panel truck will be:

• 53.5 cents per mile for business miles driven, down from 54…

Missouri's minimum wage increased to $7.70 per hour, effective January 1, 2017.  All businesses are required to pay at minimum, the $7.70 per hour rate, except retail and service businesses whose annual gross sales are less than $500,000.  In addition, overtime compensation must also be paid at a rate not less than one and one-half times a covered employee's regular rate for all hours works…

New regulations now require the e-filing of all 2016 W-2s and 1099-MISC on or before January 31, 2017.

Therefore, it is important that we receive your year-end earnings information early in order to e-file these forms in a timely manner and help you to avoid possible penalties.…