As 2022 approaches, it’s time to turn your attention to your financial health goals for the coming year. Your financial health is more than your bank statement - it encompasses everything from your budget and taxes, to insurance. Here are the top five reasons, from the professionals, why you should conduct a financial review before [...]
Tax season means business owners are looking for ways to minimize burdensome tax liabilities. Before you speak with a tax professional, there are some things to consider that might affect your business’ finances, when it comes to your tax payments. Here are five tax-prep tips to consider if you own a business. 1. Review Your [...]
When it comes to filing your taxes, are you scrambling a few days or perhaps the night before they are due? Hey, there is no judgement over here - we get that life happens and filing could easily be pushed off. We know you already know this, but… there is a better way. In fact, [...]
There are many reasons why the IRS may mail you a letter - oftentimes people jump to conclusions and think the worst. After all, receiving a letter or notice in the mail from the IRS is enough to upset anyone, as it can be scary to think you have done something that might threaten your [...]
Let’s face it, most people don’t exactly look forward to tax season. In fact, research shows a sizable percentage of Americans find it downright stressful and anxiety-inducing. Whether you fall into this category or close to it: don’t stress - our team of tax filing professionals are here to help. Preparing now and doing your [...]
So many people have questions this year regarding tax returns - both personal and business alike, and it should come to no surprise, given the many challenges that the pandemic has brought on. Let’s be honest, filing taxes in general can give anyone a headache, but submitting pertinent information for your 2020 taxes can raise [...]
For business owners across this great Country, there’s one thing for certain... we’ve had to get creative when it comes to navigating these uncharted and turbulent waters over the last 12 months. As a small business owner in general, you may often be pulling off complex balancing acts with your budget, and often it can [...]
In Trump Tax Plan, a Windfall for Businesses Large and Small A lower tax rate for corporations. Reduced taxes for partnerships like law firms. An easy way to bring overseas profits back to the United States without being taxed. Corporate America had a long wish list when it came to tax reform, and on Wednesday, [...]
How tax reform could hit charitable giving Plenty of factors can motivate charitable giving: Moral obligation, religious tithing, a desire to improve the world or leave a legacy. But another factor -- the tax benefits for giving -- could soon change if lawmakers push through tax reform. Few people donate simply because of the tax [...]
US tax reform hopes become mired in foreign cash piles Republican attempts to make progress on tax reform after the party's failure on healthcare are being undermined by a lack of consensus on handling US companies' offshore earnings, an issue set to spark fierce lobbying and discord. The White House and Republican lawmakers want to [...]
