April 16, 17, 18…and you have not filed your tax return. Clearly you have passed the annual deadline for filing your federal income tax return and pay the taxes you owe. By law,...
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
For those people who do not receive a tax refund, but actually owe the IRS money, the idea of a tax levy being placed on them can be crippling. If you believe that this may happen...
Many of us know that taxes vary from state to state and the deductions for each state vary as well. Not only does the state account for the cost of living, but it also accounts for...
If you have gone into business for yourself in the last year, you might find the upcoming tax season incredibly scary. Not only do you have to worry about filing taxes correctly, you...
Listen, we’ve got it. Taxes are here like the winter—do you feel prepared? Are the windows shuttered, the dials set to 70, and the sweaters yanked out of storage? The same...
Hello, everyone. It’s Joe Gormley, CPA here to offer some more tax advice for you. If you are stressing out on how you’re able to pay your tax debt before April 15th, you’re...
Running a small business is hard work. We here at Donna J. Jackson & Associates, PLLC understand that small business owners don’t have as much free time as they’d...
Your tax responsibility this year can cause a lot of financial stress that may put elements of your life in jeopardy. No one wants to fall behind on their payments or have their property...