Personal Taxes

Self-Employment Taxes for First Quarter 2019

There are few things more rewarding and satisfying than being your own boss. As an entrepreneur you are able to shape your future in ways that are not possible while in the employment of others. However, there are milestones that must be adhered to. One of these is attending to the self-employment taxes for the [...]

By |2019-01-15T07:07:23+00:00January 15th, 2019|Blog, Corporate Taxes, Finances, News, Personal Taxes, Quickbooks|0 Comments

Get Your Finances In Order for 2019

The end of 2018 is just around the corner. You may not want to think about next year so soon, but getting your finances in order will start off your New Year right. Here are some simple steps you can take now that will save you a lot of time later. […]

By |2018-12-18T05:05:22+00:00December 18th, 2018|Corporate Taxes, Finances, Personal Taxes|0 Comments

Give Yourself A Gift – Lower Your Tax Liability

The tax laws passed in 2017 could save you plenty of money if you know what to do now. There’s a way for everyone to save, so read on for some of the best ideas for lowering your 2018 tax bill. Tax-deferred Savings You can’t take it with you! Contribute the maximum to your 401k [...]

By |2018-10-12T12:03:39+00:00October 12th, 2018|Blog, Personal Taxes|0 Comments

Paying Taxes as a Freelancer

The number of businesses who hire freelancers is growing every year. Generally speaking, it’s a win-win for both parties. Employers reduce the cost of benefits, pay for services only when needed, and can select from a larger pool of workers. Freelancers have flexible work hours, can work from anywhere, and work at any hour. However, [...]

By |2018-08-22T12:39:21+00:00July 15th, 2018|Blog, Corporate Taxes, Personal Taxes|0 Comments

Surviving A Tax Audit

You've filed your income tax with the IRS and breathed a sigh of relief; then you're notified that you're being audited. If the IRS taps you for an audit, don't panic. While you don't have a choice about the audit, you can choose to make it as painless as possible if you remember a few [...]

By |2018-05-31T07:45:43+00:00May 20th, 2018|Blog, Corporate Taxes, Personal Taxes|0 Comments

Put Your Tax Refund To Work For You

As tax time rolls around, many people look forward to getting a tax refund. Their first thought is often, “how can we spend it?” This year consider saving your refund instead of spending it. Over 30 percent of Americans have no savings at all and another 30 percent have less than $1,000 in a savings [...]

By |2018-04-25T08:09:29+00:00April 18th, 2018|Blog, Personal Taxes|0 Comments

Three Steps To Make Filing Your Taxes Easier

Every April 15th, the tax man comes knocking. If you’re like many Americans, it’s also the time for stress as you rush around trying to find misplaced receipts and pay stubs. Start now and stop scrambling to get your tax information together at the eleventh hour. These three easy steps can decrease your stress level [...]

By |2018-03-15T13:29:35+00:00March 15th, 2018|Blog, Personal Taxes|0 Comments

Is Canceled Debt Taxable?

Basically, even cancelled or “forgiven debt” from a lender is still taxable income, according to the IRS. As such, it must be included as income on your tax return. Debts which you are personally responsible such as credit card debt, mortgages and some student loan debt are included. […]

By |2018-03-15T14:59:59+00:00February 10th, 2017|Blog, Personal Taxes|0 Comments

What an Accountant Does

“An Accountant counts money!” says Mr. Joe Average; and he’s not wrong. But accountants do a lot more than just “crunch numbers”. Accountants deal with a wide range of finance-related chores that involve figures and statistics. Math is the core accountant’s job. […]

By |2018-03-15T15:05:44+00:00January 27th, 2017|Blog, Corporate Taxes, Personal Taxes|0 Comments