It’s time to file your taxes, but you feel rushed. Filing a tax extension may be your best option. While any monies owed to the IRS are required to be paid on April 15, 2024, you will have comfort knowing that you have six more months to file. This blogs provides more information about tax...Read More
Could your small business benefit from tax savings? Discover how S Corp strategies, such as salary-dividend optimization and employing family, might help. Dive into maximizing deductions and retirement contributions for potential financial gains. Understanding S Corp advantages can guide your approach to smarter tax planning.Read More
Forming an S Corp can offer CRNAs and Anesthesiologists tax benefits, liability protection, and efficient income management, advised by consulting financial planners and tax advisors for optimal outcomes. This structure allows for pass-through taxation and potential savings on self-employment taxes.Read More
You don’t necessarily have to pay the full amount of tax owed to the government. Tax deductions enable you to lower your taxable income by subtracting eligible expenses from your total income.Read More
It’s no secret that high net-worth individuals pay a significant amount of money in taxes. Few things are more frustrating than paying a large share of your hard-earned money in taxes. The good news is that these individuals can benefit from strategic tax planning to reduce their overall tax liability.Read More
As a solo attorney, you have a lot to do – from serving clients to running your practice. One task that should never be overlooked is filing tax returns for your law firm. Incomplete or inaccurate returns can lead to an IRS audit, which can be time-consuming, expensive, and stressful. In this blog post, we’ll...Read More
The IRS allows an extension to individual taxpayers, businesses, and estates that need more time to file their taxes. Taxpayers requesting a tax extension get an additional six months to file their returns. However, it is important to note that deferring payment without paying what you owe could result in interest charges and fees from...Read More
With the start of every new year, it always brings about feelings of renewed hopes, goals and dreams. Planning ahead for all future possibilities and outcomes can be a very fun and exciting time. Since we are living in the gilded and advanced tech-age, there are so many different avenues to invest your money.Read More
