Financial Planning
Get legal advice on how to take control of your personal or business finances, whether you're tackling student loans, medical bills, taxes, or bankruptcy.
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Sole Proprietors: Are You at Risk for a Tax Audit?
What many small business owners do not know is that filing as a sole proprietorship could put you at risk for being audited.
· 3 min read
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Tax Attorney or CPA: Which Does Your Business Need?
Tax professionals help with tax planning and advising clients in complicated tax situations, but there are some key differences. Here's how you can effectively protect your business by selecting the correct tax professional for the job.
· 3 min read
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How to Issue a 1099 to an LLC
If your business pays an LLC more than $600 a year for rent, business services or independent contractors, you’ll need to issue a federal form 1099 to report those payments to the Internal Revenue Service. Here’s what’s required.
· 3 min read
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Are LLC Startup Expenses Tax Deductible?
The expenses you incur as you set up your LLC are tax deductible, though you need to know important limits, exceptions, and rules to legally deduct these costs.
· 2 min read
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Answering Tax Questions: A Primer on Tax Research
Tax research can help you find answers to your tax question, but some resources have more authority than others.
· 4 min read
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Year-End Tax Tips for Every Business Owner
Are you planning now to reduce your tax burden in April? You should be. Check out these year-end tax tips for business owners to get started in the right direction.
· 2 min read
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Does Your Kid Owe Taxes?
How early should kids learn about paying taxes? Chances are, it's sooner than you think. Even if your child is a dependent (under the age of 19 or a full-time student under the age of 24, receiving more than half of his or her support from a parent), he or she any be required to file a tax return.
· 1 min read
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Got Debt? Stop Creditors from Harassing You with These Legal Tips
While having some debt can be good, having too much debt can be disastrous. While you will have to deal with the bills, these tips can help you avoid being harassed and help you maintain some sanity when the bill collectors come calling.
· 3 min read
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Is Your Tax Professional Certified?
There's a difference between an accountant (someone who prepares your taxes) and a certified public accountant or CPA (someone who has received the training required by your state's licensing board).
· 2 min read
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Considering Bankruptcy
If you are feeling like you're in an economic vice grip, it may come as a relief to find out there are options. So, is bankruptcy one of your best options?
· 2 min read