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

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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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Tax deductions for travel expenses: How to turn your business trip into a tax deductible getaway

Learn how you can use tax deductions for travel expenses to turn your trip into a tax-deductible getaway.

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What does the payroll tax deferral mean for self-employed people?

The CARES Act allowed self-employed people to defer paying certain Social Security taxes in tax year 2020. Half of the deferred tax was due by Jan. 3…

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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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How to get an EIN number

An EIN is a number assigned by the IRS to track your business tax account. For certain independent contractors and small business owners, the IRS…

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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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Green energy credits for business

If your business invests in solar energy property, fuel cells, small wind turbines, you may qualify for federal renewable energy tax credits.…

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