Looking Ahead to 2019 Taxes

Looking Ahead to 2019 Taxes: You have your 2018 tax return filed, or perhaps on extension, and now it is time to look forward to the changes that will impact your 2019 return when

Thinking of Tapping Your Retirement Funds Early? What You Need To Know

Thinking of Tapping Your Retirement Funds Early? What You Need To Know: If you are suddenly in need of a substantial amount of cash, probably the last thing you should do is tap your retirement funds. They are the key to a

IRA Withdrawals that Escape the 10% Tax Penalty

IRA Withdrawals that Escape the 10% Tax Penalty: The list of IRA withdrawals that may be taken without incurring a 10% early penalty has grown.

Tax Debt Relief Services

Tax Debt Relief Services: The IRS will almost always accept some type of payment arrangement for past due taxes. In order to qualify for a payment plan with the IRS you must me

How to Solve IRS Problems

How to Solve IRS Problems: IRS Problems Have a Way of Ruining All Aspects Of Your Life. They Take A Toll On You Financially, Physically, and Emotionally. You Can Never Really Fo

Tax Reform: Before and After

Tax Reform: Before and After: What did the 2017 Tax Cuts and Jobs Act change? Here's a quick snapshot.

IRA Frequently Asked Questions

IRA Frequently Asked Questions: These answers are informational only and are not intended to address all possible situations that might arise with respect to the question asked.

Choosing a Legal Entity for Your Business

Choosing a Legal Entity for Your Business: If you've decided to start a business, one of the most important decisions you'll need to make is choosing a legal entity. It's a decision that impact

When to Call a Tax Relief Service

When to Call a Tax Relief Service: A tax relief service is a tax firm that specializes in the area of tax problem resolution. Tax attorneys, CPAs or Enrolled Agents are the only designa

Gift Tax Treatment of Tuition Plans

Gift Tax Treatment of Tuition Plans: Qualified tuition plans (QTPs) provide a means for family members and others to save for the future educational needs of children. Investment earnings

All taxpayers should check their withholding ASAP

All taxpayers should check their withholding ASAP: All taxpayers should check their withholding – also known as doing a Paycheck Checkup – as soon as possible. They should do a checkup even if they did

Four Really Good Reasons to Invest

Four Really Good Reasons to Invest: There are four very good reasons to start investing. Do you know what they are?

Understanding Tax-Deferred Investing

Understanding Tax-Deferred Investing: When you are attempting to save money for your children’s future education or your retirement, you may do so in a number of ways, including investing

Taxpayers have the right to pay no more than what they owe

Taxpayers have the right to pay no more than what they owe: Taxpayers have the right to pay only the amount of tax legally due, including interest and penalties, and to have the IRS apply all tax payments prope

Taxpayers should include tax plans in their wedding plans

Taxpayers should include tax plans in their wedding plans: Couples getting married this year know there are a lot of details in planning a wedding. Along with the cake and gift registry, their first tax return

Monthly Market Insights | June 2019

Monthly Market Insights | June 2019

Eldercare Can Be a Medical Deduction

Eldercare Can Be a Medical Deduction: Because people are living longer now than ever before, many individuals are serving as care providers for loved ones (such as parents or spouses) who

What the New Tax Bill Means for You

What the New Tax Bill Means for You: What does the Tax Reform and Jobs Act mean for you?

MUST READ Before Hiring any Tax Negotiation Firm - BUYER BEWARE

MUST READ Before Hiring any Tax Negotiation Firm - BUYER BEWARE: Many “Tax Negotiation” companies out there will absolutely rip you off. These unscrupulous firms will take your money regardless of whether they can h

What to Do If You Receive a Dreaded IRS Letter

What to Do If You Receive a Dreaded IRS Letter: Now that most tax refunds are deposited directly into taxpayers’ bank accounts, the dream of opening your mailbox and finding an IRS refund is all but

Why Tax Basis Is So Important

Why Tax Basis Is So Important: For tax purposes, the term “basis” refers to the original monetary value that is used to measure a gain or loss. For instance, if you purchase shares

Top 10 Startup Business Questions Every Entrepreneur Should Answer

Top 10 Startup Business Questions Every Entrepreneur Should Answer

Tax Issues Related to Divorce

Tax Issues Related to Divorce: Divorce is a traumatic event in anyone's life, and the tax aspects are frequently overlooked, which can add to the distress. The following is an overv

Forget Something on Your 2018 Return?

Forget Something on Your 2018 Return?: Article Highlights:
Tax Reform Problems
Corrected 1099s and K-1s
Overlooked Income and Deductions
Marital Issues
Mitigating Penalties
The

Defer Gains with Qualified Opportunity Funds

Defer Gains with Qualified Opportunity Funds: If you have a large capital gain from the sale of a stock, asset, or business and would like to defer that gain with the possibility of excluding some