How to pay your medical expenses TAX FREE! Health Savings Accounts (HSA) Start saving more on healthcare. A Health Savings Account (HSA)...

Over 82 million individual taxpayers file their taxes electronically in 2021, It is 92% of all U.S. Taxpayers! Why E-filing is so...

Start your own business! Starting your own business is one of the most powerful ways to take control of your life and make extra money....

In case you haven’t considered it, hiring your children may be the easiest and legitimate way to cut your taxes. In this article, I am...

What is an Annual Report? An Annual report is necessary because it keeps the company in good standing status as a registered entity. In...

If you are a business owner, no matter what business you’re in, you probably have or will have employees. In general, Payroll is payments...

Don’t waste money on penalties! Penalties apply when you owe taxes or did not file a tax return or extension. Keep in mind that the...

Important! You can correct your taxes for the last three years! Story 1 Clients Alice and Erik came to our office with a recommendation...

If you just received a notice that your taxes are being audited: what does it mean? A Tax Audit is an accounting procedure where the IRS...

What to do: Verify why exactly the IRS sent you a letter. The agency categorizes notices to: – information letters (the agency wants to...

You must file an amended tax return entering the corrected info and an explanation of why are you changing your report. Based on the...

Get ready to launch a solo 401(k) retirement plan Most contributions and other limits for retirement plans only budged slightly for...

Substance over form. Have you received a W-2 or 1099 with an error? Check forms carefully to ensure accuracy. If you discover a mistake,...

Low-incomers needn't pay back credit overpayments. But others will have to. Families with 2021 modified adjusted gross incomes at or...

The monthly child credit payments aren't taxable. On your 2021 Form 1040, which you file next year, you'll reconcile the payments you got...

It is critical that business owners correctly determine whether the individuals providing services are employees or independent...