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
Have you heard of the Dirty Dozen? Well if not, it is a list of the most popular tax schemes for the year 2021 that was compiled by the IRS. Tax schemes include phishing, fake charities, social media scams and offshore accounting. The list keeps growing and the schemes get more complicated every year. Tax...Read More
Every business should want to lessen its tax liability. In doing so, your business will be able to reduce the amount of taxes you pay back to the government each year. Read More
Traditional, Roth, SEP, IRA; so many terms, types and forms can have you turned upside down in no time. But quiver not as I have the key that will decipher the jargon and give you a crystal-clear understanding.Read More
