Recent News
It’s Not Too Late for an IRA Contribution
Most of the time an expense that may be tax deductible needs to be paid by the end of the year for which the expense will be claimed. However, there…
IRS Warns of Employee Retention Credit Scams
Each year the IRS compiles the Dirty Dozen, a list of tax-related scams that consumers should be on the lookout for. First up this tax season, the IRS is highlighting…
Don’t Ignore Household Employee Payroll Tax Rules
If you hire a domestic worker to provide services in or around your home, you probably have a tax liability that you don’t know about – or one that you…
Haven’t Filed Tax Returns for Multiple Years? Here’s What You Need to Do Next
You’d be hard-pressed to find someone who actually enjoys the process of filing taxes. Having said that, it’s absolutely something that you’re supposed to do like clockwork every single year.Of…
Are You Worried You Won’t Have Enough Money Saved for Retirement?
All of us dream of one day being able to retire – to finally be able to relax and enjoy the lifestyle we worked so hard for. However, you’ll need…
Are You an S Corporation Stockholder? Are You Taking Reasonable Compensation in the Form of Wages?
S corporation compensation requirements are often misunderstood and abused by owner-shareholders. An S corporation is a type of business structure in which the business does not pay income tax at…