One of the ways to plan your taxes in advance to avoid penalties and interest is to do a tax planning session in November/December Make sure you submit the full payment by the extended deadline. Expect a notice from the…
If you're a business owner, right now is a great time of the year, before the rush of the holidays, to get your tax books and get your bookkeeping reconciled IRS makes us ensure that we have logs. We're not…
Instructions on how to help clients get the answers they need from you. Watch the Video! Helping your customers automate their systems Ways that can facilitate customer service: For example, an auto-response to your client’s or customer’s emails informing them…
Did you know that a dog is a potential tax deduction? Clearly, this doesn't apply to just any family pet, but if your dog meets certain criteria, man's (or woman's) best friend can help you increase your tax deductions. Security…
Delegation! Watch the video to learn what this really has to do with taxes? Setting up a tuition reimbursement plan within your company: If you own a company, especially if it is an S Corp or a C Corp, where…
Watch the video to drop your taxes in 2016! Filing your tax returns on time, the IRS, at the federal level, can audit you going three years back. Document retention; any documents related to real estate should be kept permanently. Any…
We are edging closer to April 15th and, as the deadline approaches, you may be wondering if it’s smart to file an extension or not. Everyone’s situation varies, but it’s important to remember that it’s not necessarily a bad thing…
Shauna, our very own Tax Goddess, was featured this week in an article on tax strategies and tax nightmares. Read more below... 5 Tax Nightmares You’ve filled out all the paperwork, checked boxes and now you’re ready to know what…
With tax season in full swing, Tax Goddess wants to help you avoid the always-dreaded audit! If you own a small business, pay attention! 1) Don’t claim 100% of your vehicle for your business! So you use your vehicle for…
In a great article written by Tax Pro Connections today we get the highlight of the details of the bill that was passed on December 18. It outlines some extenders but also a lot of rules that have now been…
THANK YOU, ALL! The holiday season is almost with us, and it always reminds me of my love for my family, my friends, and my clients. I feel so blessed to be working with you all as clients, vendors, friends,…
Imagine, for a moment, that you're a hardworking pot dealer just trying to operate an honest shop in the newly legal marijuana industry. You get audited, and the examiner hits you with a $290,000 bill! He then asks to talk…
Guest post by: Giselle C. Alexander*, J.D., LL.M., C.P.A. Taxpayers have an opportunity to resolve delinquent taxes with the Arizona Department of Revenue and receive the benefit of penalty and interest abatement. The recovery period is brief, so taxpayers should…
This year, millions of American tourists took advantage of their summer vacation to travel abroad. Favorable exchange rates made European destinations especially attractive. Seeing Old World cultures gives us perspective that we just can't get when we load up the…
Sports fans go crazy this time of year! Baseball fans are watching the pennant races heat up; football fans are watching the NFL take the gridiron to kick off the new season; and tennis fans are moving their heads from…
