From the Author Archive

Tax FAQ Series: What programs are out there to keep track of my business expenses/deductions?

There are a lot of great apps and programs for tracking expenses/deductions. Here are a few we suggest. Mint.Com: This is a free online system that allows you to link your bank accounts to […]

IRS Dispels Five Myths About Tax Refunds

As we approach the tax deadline, taxpayers are anxious to receive their tax refunds. Rumors about refunds often circulate online. The IRS dispelled five of these myths about tax refunds. We’ve summarized these myths […]

Tax FAQ Series: What if my identity is stolen and a fraudulent tax return is filed?

If you have a question you would like featured on the blog, email [email protected] If your private information has been stolen or compromised, you can request an Identity Protection PIN (IP PIN) from the […]

What are the Penalties For Early Retirement Plan Withdrawals?

If you have a question you would like featured on the blog, email [email protected] Funds from any retirement account may be withdrawn early without a penalty if certain exceptions apply (like $10K for a […]

Tax FAQ Series: What’s The Difference Between a Pass-Through Entity and a Disregarded Entity?

There’s an important, but subtle difference between a Pass-Through entity and a Disregarded entity. An entity that has been organized under the laws of its applicable state can elect to be “disregarded” for tax […]

Tax FAQ Series: Who Qualifies As A Dependent?

If you have a question you would like featured on our TAX FAQ series, please email [email protected]. First, you should be aware that in 2018 the laws associated with dependents and related deductions changed […]

Quickly Approaching 2019 Tax Deadlines

Below is a list of the approaching tax deadlines: S-Corporation and Partnership Returns are due on March 15, 2019. Extension allowed to September 16, 2019. C-Corporation returns are due on April 15, 2019. Extension […]

Tax FAQ Series: How Do I Pay My Taxes?

If you have a question you would like featured on our TAX FAQ series, please email [email protected]. A: If you owe federal tax, the IRS offers many easy ways to pay. Make sure you […]

Tax FAQ Series: How Do I Figure Out My Estimated Tax Payments?

Q: How do I figure out my estimated tax payments? Estimating taxes begins with estimating your income. Look at all potential sources of income you expect to receive during the year. Then determine all […]

Tax FAQ Series: Should I Lease or Purchase a Vehicle?

Q: Should I lease or purchase a vehicle? A: Do what makes the most sense for your business. There are lots of strategies, regulations and analyses involving the acquisition and depreciation of vehicles, but […]