Many taxpayers choose to run their business out of their home. This saves them money on renting out another space and the maintenance and utilities of another locations. And for...
Posted by Dennis O'Brien on 01/31/2016
If your small business works with sensitive information or takes payments, cyber security should be a top priority. However, it may also seem that cyber security can be a huge expense...
Posted by Patrick O'Hara, EA on
Back taxes are pesky little things that can do more damage to your life than any other kind of debt that you could imagine. Unlike other debt that can be dealt with over time or even...
Posted by Patrick O'Hara, EA on
Moving can be a big step in your life. Perhaps you are moving in order to take on a new career. Many people move because they want a bigger house for the kids or a smaller one when...
Posted by Patrick O'Hara, EA on
Many older children these days now look after and take care of their aged parents. Unknown to many; however, Uncle Sam can reward you in the form of tax credit for such care to reduce...
Posted by Elliot Kravitz, ATP on 06/24/2021
To be exempt from tax as a social welfare organization described in Section 501(c)(4) of the Internal Revenue Code (IRC), an organization must not be organized for profit. It must...
Posted by Elliot Kravitz, ATP on 05/30/2021
The Internal Revenue Service can impose a huge number of tax defaulters that do not pay taxes or do not pay on time. These penalties may also include financial penalties imposed on...
Posted by Elliot Kravitz, ATP on 05/18/2021
The COVID-19 pandemic is complicating several people's efforts to file their 2020 taxes ahead of schedule, but the good news is that the Internal Revenue Service (IRS) has been...
Posted by Elliot Kravitz, ATP on 05/06/2021
If you own a rental property, you should know your federal tax obligations. All rental income needs to be reported on your tax return, and the associated expenses can generally be...
Posted by Elliot Kravitz, ATP on 04/29/2021
