Every time we talk about tax, it’s always a thin line between equality, fairness, and affordability. As a certified tax planner, people ask us- Do I have to pay tax? Is paying more tax punishment for being wealthy and successful?…
What is a private foundation? Private foundations are charitable organizations usually established by a family member, an individual, or a company solely to fund charitable causes. Private foundations are tax-exempt non-profit organizations clearly defined by the IRS under section 501(c)(3).…
Welcome to another episode of the Action and Ambition Podcast. Today, we are joined by Shauna A. Wekherlien, a CPA, MTax, CTC, CTS, specializing in business tax strategy and real estate. She is known as the Tax Goddess and is…
From life insurance to health coverage, parking fees, meals, transit passes, flexible spending accounts, and employer-provided cell phones – you’re getting one employer-provided fringe benefit or another from your job. However, it would interest you to know that some of…
Section 1202 exclusion has been saving individuals and small businesses since as far back as August 1993. However, findings have shown that little is known about this tax incentive. You sure don't want to miss out. So, let's delve right…
It is easy for anyone to assume that they are no longer obligated to pay taxes or file tax returns once they leave the United States. It might well be the case for citizens of other countries, but not citizens…
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