Alicia Tuovila


Alicia Tuovila is an accounting and finance writer based in Tennessee. She holds an active Certified Public Accountant (CPA) license in the state of New Hampshire. Alicia has extensive experience in accounting, including budget preparation, month and year-end closing, financial statement preparation and review, and financial analysis. Previously, Alicia worked in public accounting in Florida and nonprofit accounting in New Hampshire. She has held roles from staff accountant to controller. As of 2019, Alicia has taken on independent accounting consulting and project work for nonprofits. Alicia earned her Master of Science in Accounting at University of Central Florida.

More From This Author

Does my business get a tax break for buying a car?

If you purchase a vehicle for your business, it pays to understand the nuances of current tax law. How can you use Section 179 and bonus depreciation…

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Commonly missed tax deductions for gig workers

Don't miss out on these tax deductions for gig workers.

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Sum of the years digits: A depreciation guide

How do you calculate the sum of the years' digits method of depreciation? What are the pros and cons of sum of the years' digits versus straight line…

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Double declining balance method: A depreciation guide

How do you calculate the double-declining balance method of depreciation? What are the pros and cons of using the double-declining balance method?…

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What happens if you miss the tax deadline? Penalties for late filing

If you miss the tax filing deadline, you will be subject to failure-to-file penalties. To avoid this, you should file an extension prior to the…

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How are incentive stock options taxed?

If you receive a stock option from your employer, the type of stock option determines the timing of income you must report for tax purposes. The…

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What is a 1031 exchange form? How to defer taxes on like-kind real estate

If you own business or investment real estate, a Section 1031 like kind exchange can provide you with the opportunity to upgrade into a larger or…

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How to pay taxes on side jobs

If you have a side job, be sure to pay your income tax throughout the year. Don't wait until tax season. You'll need to pay taxes directly to the IRS…

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How to track your state refund status

How do I track my state tax refund status? Each state governs their own refund, so you will need to go to your state's tax authority website. Find…

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1099 NEC vs. 1099 MISC

You may have noticed that independent contractor payments are now reported on the tax form 1099-NEC rather than the 1099-MISC. What prompted this…

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