Learn about top tax savings strategies, upcoming IRS code changes, and more, all to help you save on your taxes and come out ahead.
As we usher in 2025, it’s the perfect time to reassess your tax strategies and ensure you’re on track for a financially healthy year. Here are five actionable steps to help you tackle your tax concerns: 1. Stay Informed on Tax Law Changes...
So, you’ve got a Swiss bank account, or recently closed one, and may be wondering if you should report your money to the IRS. Unfortunately, and as you may know, Switzerland is generally closed off for stashing cash, and the IRS has teamed with the...
As a business owner, you are required to make friends with employment taxes – that means reporting and depositing them on a quarterly basis with Form 941, and a yearly basis with Form 944. Both forms include federal income tax withheld from you...
2016 is going to be the year we vote for our next President; it can also be the year we get our tax return ASAP. The tax laws change every year, but this one isn’t much different. Read below to learn about prepping for taxes the right way. Gather t...
Tax havens like Switzerland and Andorra are no secret to the IRS – if you’re trying to commit tax evasion, the consequences could be staggering. You might have an offshore account to make business easier abroad, qualify as an expatriate, or p...
Although both the IRS and the state will work with you to pay back your taxes, there are consequences if you simply do not pay or reach out for an alternative solution. The IRS and most states will approach a standard collection process, by which pen...
Your business’s bookkeeping is essential to maintaining a well-oiled machine with a sound financial engine. Being a little laissez faire with organization, recording, and tracking of your financials not only mean that you’re unaware of your profi...
Identity theft is all too common and rising, especially to snatch up tax refunds, unbeknownst to the rightful recipient until it’s too late – $3.6 billion in possible theft occurred in 2012 and 14.6 million attempts were made otherwise. So ho...
2015 is dwindling to an end – here come the holidays, and hopefully a light bulb telling you to get ready to file your taxes. You can now file starting as early as January 20th, and the sooner you file, the sooner you get your tax refund. Ready...