July 23, 2022

Does Your Business Have Unpaid Payroll Tax?

For years, the IRS responded to delinquent business payroll tax payments by assessing civil penalties and interest. Due to recent changes in tax legislation...
June 21, 2018

U.S. Supreme Court over-rules itself –

In a rare decision, the U.S. Supreme Court essentially over-ruled itself. Get ready to pay sales tax on internet orders from out of state companies...
November 28, 2015

Wealthy Americans:
Reduce your exposure to the 3.8% tax on unearned income

Also called the unearned income Medicare contribution tax or the net investment income tax; this tax impacts more taxpayers than you might think.
September 28, 2015

International Financing for Green Cards?

Many U.S. businesses get their funding from local banks or private U.S. investors. Sometimes, however, there is an opportunity to get financing from abroad on more […]
August 31, 2015

The Kiddie Tax – Part One

Internal revenue code section 1(g) taxes unearned children’s income as if it belonged to the parents. This is known as the Kiddie tax. This income is […]
March 13, 2014

Common Mistakes Made by Taxpayers with Form 1099

Tax season has now arrived, and taxpayers are hurrying to get their returns completed in time. However, for those who receive Form 1099, they need to […]
February 19, 2014

2014 Tax Savings Tips

As tax season approaches, most taxpayers are concerned about finding ways to decrease their taxable income and increase tax savings. Utilizing these tax sheltering tips can […]
July 23, 2013

What to do if You Get a CP21B or CP21C Notice From the IRS

Whenever you get a notice from the IRS, the first thing to do is read it! And read it carefully. After doing so, if you agree […]
July 15, 2013

Have You Received a Notice From the IRS?

One of the scariest moments is going to the mailbox and finding a notice from the IRS. The worst thing to do is to throw it […]
June 7, 2013

4 Business Lessons You Can Teach Your Student/Employee This Summer

If you’re hiring a student as an employee this summer, the best lesson you can give them is how the business world works. This lesson...
May 18, 2013

6 Ways to Make Your 2013 Tax Season Easier

No one likes unplanned tax surprises, especially when you owe. Now is the time to start your tax planning for next year by looking at these 6 areas...
March 20, 2013

Are you thinking of setting up a business?

If you are a serious entrepreneur, start your business out right by talking with an attorney about the many facets involved in starting your venture...