June is Graduation Season, and odds are good that you've spent some time seated on a cheap folding chair or arena bleacher watching someone proceed down an aisle in an expensive cap and gown. Commencement speakers will thank the faculty,…
Guest Post by Sylvin Lange One of the most frequent questions we get from our clients is why we typically don't file income tax returns by/before April 15th deadline. It's an understandable question since that date has been embedded in…
This time of year, taxpayers across America are scrambling to put together their last year's mileage records. First you've got to total up how many miles you drove for your trade or business. Then you've got to add up all…
Who hasn't wanted to be a spy at some point or another? Boys see their first James Bond movie, and they don't want to be like 007 — they want to be 007. Girls learn how Mata Hari put her…
The IRS is being awesome today! YAY!!!! For small businesses (assets less than $10mil or av gross revenues less than $10mil) we will not HAVE to file the form 3115! You will have the choice to file this form if…
Answering Your Biggest Questions Did you know! The IRS has implemented a change that will apply to ALL business owners or any other individuals that have property or equipment that has depreciation on it! Did you know that this change…
Shauna, our Tax Goddess, was invited by WeGrowOurs.com to chat on their amazing podcast (which you can find here). If you've never checked into their site, WeGrowOurs.com are a great resource for being self-sufficient and saving the planet one garden…
This is one of the hardest things for people to do. The IRS expects people to track mileage, where they went, they met with, why were they there, beginning and ending odometer readings, lots of other pertinent data in your…
As usual it was such a fabulous honor to be on channel 3 this morning here in Arizona. I got to talk about some tips for individual taxpayers this year. They're definitely some big changes coming in this year and…
Financial life isn't great for many right now, and tax deadlines are rapidly approaching. If you find that you can't pay your taxes on time, the Federal Trade Commission can help. Here's what they suggest: Read your notices from the…
If you owe back taxes, you may be tempted to turn to companies that claim they can reduce or eliminate your tax debts and stop back-tax collection by applying for IRS hardship programs. The truth is that most people don’t…
WASHINGTON–The Internal Revenue Service today announced a delay of approximately one to two weeks to the start of the 2014 filing season to allow adequate time to program and test tax processing systems following the 16-day federal government closure. According…
Give Withholding and Payments a Check-up to Avoid a Tax Surprise Some people are surprised to learn they’re due a large federal income tax refund when they file their taxes. Others are surprised that they owe more taxes than they…
Is the best defense a good offense? Maybe, and the IRS is still under scrutiny for targeting. Hate The IRS? You’ll Love These Laws. The tax agency is doing some targeting of its own, fingering at least 20,000 small businesses…
The IRS warns that next years refunds may be delayed due to the recent theft of many SSNs from various organizations in the US. Be aware that your refund may be delayed if one of these Tax Fraudsters files a…