Operating agreements are one of the most important documents for a business to have, especially if you are two partners that are not related or not married to each other. An operating agreement tells you what's going to happen in…
The IRS has technically defined de minimus as $100 or less. If you are a company who provides a company cell phone for your employees to use, you do not have to worry about adding that to their W-2. You…
One of my absolutely favorite authors is Tim Ferriss and to quote, "A person's success in life can usually be measured by the number of uncomfortable conversations he or she is willing to have." I have always found that: If…
If you have refunds due to you from the 2013 tax year, you need to make sure that you file before April 15th of this year; otherwise, those refunds belong to the government. If you think that you are owed…
If you're getting refunds from 2013 filing and you wait until after April 15th of this year to file, you will not get those refunds back. The IRS offices here in Phoenix have shut down their walk-in options. A former…
Do you have a business reason for your travel? If you’re traveling for a personal reason or for a vacation, you cannot deduct those expenses. If you have a business purpose for your travels, you can certainly write those expenses off.…
Never dig your head in the sand; always make sure that you try to work upfront with the IRS. They're actually quite good at setting up payment plans. There may be penalties and interest, but at least you won't have…
Want to make more money and legally keep that hard earned cash in your pocket! Here are 7 easy steps to follow. Seven easy steps to keeping more cash in your pocket. Step one, call us. Book an appointment with…
If you have other sources of income and don’t really need the RMD from your IRA, you can also donate the funds directly to a charity. There are various ways to structure gifting. You can set up trusts, gift annually,…
Watch the Video to learn more about foreign bank accounts Does your CPA use an organizer to ask you about foreign bank accounts? One of the things that we do to ensure that our clients are getting the best…