Self-employment can be seen as an important part of financial freedom, as well as freedom from the standard 9 to 5 employment. However, the traditional benefits of an employer versus...
Filing your taxes as a business is really important. It is the step that you need to take to ensure that your business is running properly and that you aren’t making the IRS mad...
While a vast majority of taxpayers do not have to worry about getting audited, there is still a chance that you could be audited. Especially since these audits are deemed by the IRS...
When you start a new business, there are plenty of considerations that you need to take into account. One of the areas is taxes. However, it is not just one type of tax, but several...
Being self-employed can bring a great deal of freedom, both professionally and personally. Along with that freedom, you are now responsible for handling all of your own expenses. By...
When it comes to saving for retirement, there are multiple options available. Since the encouragement is to save as much as possible, as early as possible, here are a few of the saving...
There are numerous reasons why the IRS may decide to do a tax audit on your return. Most of these are just to check out that the information you provided is correct. In other cases,...
For a number of individual taxpayers who find they owe the IRS, the tax bill might be more than they can afford to pay by the annual tax deadline. Even if you cannot afford your tax...
It can be difficult enough to pay a tax debt, but once penalties are added, the cost can be even higher. However, the IRS provides an option to avoid the additional debt of penalties....
Posted by Brian Walsh EA on 03/19/2016