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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Tax Avoidance vs. Tax Evasion: What Business Owners Need to Know
We all want to minimize our tax burden, but the difference between legal tax avoidance and illegal tax evasion can mean hefty fines and maybe even a prison sentence.
· 3 min read
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Guide to Tax Deadlines for Small Business Owners
Businesses have deadlines throughout the year, but with some knowledge and organization, keeping track of them doesn't have to be complicated.
· 4 min read
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Why and How to File Back Taxes
The IRS is typically willing to work with taxpayers who make an effort to get caught up on their tax filing obligations. Filing back taxes can help you avoid drastic IRS collection efforts.
· 4 min read
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Does Your Business Owe Back Taxes? What to Do if You Cannot Pay Your Tax Liability
Resolving back taxes with the IRS is one of the best things you can do for your business ... and your stress levels.
· 4 min read
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How to File Business Taxes for Your Small Business
Entrepreneurship comes with many responsibilities—including filing business taxes. Here's what you need to know about tax filing for your small business.
· 4 min read
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Is My Hobby Income Taxable?
Many people earn a little income from activities that are more hobby than business, but you might not realize that income is taxable in the eyes of the IRS.
· 3 min read
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Section 179 vs. Bonus Depreciation: Which Is Right for Your Business?
Since Section 179 and bonus depreciation are not mutually exclusive, your business can benefit from both. Learn how to leverage this to your advantage.
· 3 min read
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How Far Back Can a Business Be Audited by the IRS?
Everybody dreads an IRS audit. Generally, you can stop worrying about an audit after three years, but sometimes the IRS can audit up to six years back, and rarely, even longer. When can you stop worrying and throw out all your old receipts?
· 3 min read
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What You Need to Know About Filing an Offer in Compromise with the IRS for Your Business
Learn the basics about submitting an offer in compromise if you can't pay your federal tax bill for yourself or your business. It may be the solution you've been looking for.
· 5 min read
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Can a Small Business Get a Tax Refund?
Getting a tax refund is one of the silver linings of tax time. Can your small business get one?
· 3 min read