Doing It Yourself (DIY) can and will destroy your business! Dangers exist all around you when you try to do everything yourself. I meet small business owners daily. When I ask them how their business is going; most of them will say the same thing. “I’m overworked and the rewards of owning a business aren’t […]
5 Ways DIY Will Destroy Your Business Read More »
Social Security Scams; all taxpayers should beware of them! They are well planned by equal opportunity scammers who are everywhere. And as a result, certain to greet you in many forms. By Mail, email, phone, and text. So, communication methods aside, they are all after the same thing! Most upsetting is that criminals target people
Taxpayers Beware Of Latest Social Security Scams! Read More »
Do you know how to find a tax accountant to keep your business finances on track? Finding the best tax accountant is a critical responsibility, especially if you’re unable to manage financial challenges on your own. You want the assurance you can rely on a local accountant that stays on top of the latest tax
7 Key Tips to Find a Tax Accountant Read More »
Timely Tax Tips and the Spirit of Giving, seem to fit nicely as the holiday season approaches. Though the year is close to ending; you still have plenty of time to use the helpful tax tips outlined in this blog. As a result, planning now can benefit you in a big way when tax time
Timely Tax Tips Make Your Holidays Blissful Read More »
It’s more important now more than ever for you to know how to prevent the IRS from targeting your business! According to Donald T. Williamson, a professor of taxation at American University’s Kogod School of Business; “The “random” audits of small businesses and their owners’ tax returns by the U.S. Internal Revenue Service (IRS) to
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Like most entities, the IRS has issues and each year; and the most serious IRS problems revealed are the ones you need to know about! With each passing year the National Taxpayer Advocate’s Annual Report to the U.S. Congress lists twenty or more of the nation’s most serious tax problems. These issues can range from
7 IRS Problems Revealed That You Need To Know Read More »
Knowing how to properly file your tax return in 2019 should be a high priority for you. I came across an article the other day about two expatriates who suffered financial loss due to confusion on their part. They failed to properly file their tax returns. The IRS has expatriation tax provisions in place; and
How to Properly File Your Tax Return Read More »
As a taxpayer you need to know that you have rights; rights existing in Taxpayer Your Bill of Rights, designed to help you when having to deal with the IRS. You have the right to know what you need to do in order to comply with tax laws. This means you’re entitled to clear outlines,
Why You Need To Know Your Taxpayer Bill Of Rights Read More »
The lines can get muddied from time to time, regarding personal and business expenses. What you or someone at your company may consider to be a business expense, may not meet the standards or requirements of the IRS. Regarding personal versus business expenses; the IRS states that you cannot deduct personal, living or family expenses.
How to Avoid the Danger of Expense Confusion Read More »
Since the major economic crisis of 2008 and 2009, many countries have turned their efforts toward gambling as a way of bolstering their economies. According to The American Gaming Association, the gambling industry here in the United States is worth over 261 billion dollars! The gambling industry; casinos, state and multi-state lotteries, sportsbooks, racebooks, licensed online casinos,
How to Protect Yourself: Gambling, Winnings, and the IRS Read More »
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