Shauna A. Wekherlien, CPA had the privilege of contributing this article for Today's Practitioner! Be sure to head over to their site and show them some love! Tax Advice for Physicians In the United States of America, physicians are paid…
How the New American Rescue Plan 2021 Can Help You The economic devastation due to the COVID crisis is continuing to hit several families throughout the country. The American Rescue Plan was recently signed into law by President Biden in…
At Tax Goddess we are always looking for ways to make your life easier, cleaner, more efficient, and streamlined. Slack is one of our favorite tools to do so! Slack is a digital system that allows for communication with…
Tax Goddess hosted Heather Ballard, an expert in Customer Service on Fireside chat Episode one podcast. Heather shared tips on how to consistently delight clients every time you speak What is the most important thing that our audience is going…
There're a lot of people that call themselves real estate professionals, but in the eyes of IRS, there're some very specific things that you need to do and have in your background to be a real estate professional. One of…
There is an amazing Arizona State tax credit. So listen up S corporations out there; if your individual shareholders and your owners are paying in tax to the State of Arizona or if you're here in Arizona paying in more…
You know, if you are an individual, you have the opportunity to file an extension and an extension gives you the right to file the tax return up until, typically, October 15th each year. Now this year, I believe that…
Is your unemployment Income Taxable? A lot of it depends on how much other income you have that year. Ask your CPA to do tax projection and tax planning for you. You may end up with payment plans or those…
Did you know that if you have a household employee (this is most commonly nannies or people that are employed inside your household doing household tasks on a permanent basis) that you really should be withholding and paying self-employment taxes…
If you pull money out before retirement age, there is a 10% potential. You may want to consider or at least look and see if there's options for taking a loan from your retirement account rather than pulling the money…
Today, I'm going to talk about a secret, so don't tell anyone, a secret tax ninja trick. It's called an IRA. There's self-directed IRAs, in which you can buy real estate inside your IRA, sell and gain on property and…
Today I want to introduce you guys to somebody really special. Are you ready? She is the newest addition to the Tax Goddess family. It is a German shepherd. She's a six month old little girl. As you can see,…
It's about paying yourself first! As business owners, we start a business, hire people, and get involved and these people become our family. We become involved and they become a part of making the success of the company. But when…
One of our clients ran into a case the other day where he had a roof leak and there was about $25,000 worth of damage. His insurance company would not provide him any reimbursement. The taxpayer did not know that…
Today at the IRS conference, I learned about how to protect yourself from audits or if you get into an audit— what would be the backup documentation that you're going to need. Bank statements and credit cards are not always…