J. Scott Looney CPA, LLC

We understand the stress and complexity of dealing with IRS matters, and our team of experienced tax professionals is here to guide you every step of the way. Our approach ensures that each case receives personalized attention, maximizing your chances for a favorable resolution while safeguarding your financial well-being. Give us a call at 931-787-1068 to set up your consultation.

Good bookkeeping is the backbone of any successful business! Why? Because it helps track income and expenses to make informed decisions, ensures you’re prepared for tax season, and helps you to spot trends and identify areas where you can save or invest more. Let us handle the numbers so you can focus on growing your business! Contact us at 931-787-1068 for a free consultation!

Did you know that contributing to a retirement account can benefit you now and in the future? Start saving early to build a comfortable retirement fund – let us help you navigate your options and get the most out of your contributions! 931-787-1068

Innocent Spouse Relief is provided by the IRS as a means of financial relief to a spouse who has found themselves unfairly held responsible for errors in income reporting on a joint tax return. Because both spouses are typically responsible for taxes owed on joint returns, the Innocent Spouse Relief allows one to be relieved of the tax, interest, and penalties. In order to be eligible for the assistance, you must meet specific requirements. https://bit.ly/3TQseQ9 📞: 931-787-1068

Messy books can disrupt a business's growth and success. With our expertise, we can help clean up your books, create a reliable recordkeeping system, and set up checks and balances. That way you can focus on what really matters - running your business! Give us a call at 931-787-1068 to set up your first appointment with us today.

Tax season is around the corner – are you ready? Here are some quick tax tips to make filing easier! Looking to maximize your refund? Contact us at 931-787-1068 to schedule a tax consultation today!

Are YOU ready to take control of your finances? Our expert accountants are here to help you navigate tax season, manage your business’ books, and ensure you’re on the path to financial success! Contact us today for accounting services tailored to your specific needs. Call us at 931-787-1068 and let us handle the numbers while you focus on growing your business.

Is your business on track for growth? Check out this article and find out. https://bit.ly/3YMgyQB 📞: 931-787-1068

Each year, the IRS and the Social Security Administration make adjustments that affect taxes, benefits and retirement contributions. If you have any questions, feel free to contact us at 931-787-1068.

If in 2025 you give money or property worth more than the $19,000 annual gift tax exclusion to someone other than your spouse, you may have to pay gift tax. Your gift can still be tax-free if you haven’t used up your lifetime gift and estate tax exemption, which is $13.99 million for 2025. If gift tax is due, usually the giver is responsible for paying it rather than the recipient. Even though recipients aren’t subject to any immediate tax implications, they may have to pay capital gains tax if they sell their gifted property in the future. Need help? You came to the right place - 931-787-1068.