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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Managing Medical Debt and How to Avoid It
Medical debt is a major burden for many Americans, contributing to two-thirds of all bankruptcies in the U.S. It's essential to learn how to avoid high medical costs and manage any debt you have.
· 3 min read
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7 Questions to Ask When You're Vetting a Tax Lawyer
Tax lawyers can help you through a tax controversy, or help you avoid one. To get the right lawyer for your needs, you need to know what to look for.
· 4 min read
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Consolidated Financial Statements vs. Combined Financial Statements: Which Should I Use for My Business?
Consolidated and combined financial statements are two different types of statements that help the public know whether it's worth investing in your company. Learn the difference between these statements and why you would pick one over the other.
· 3 min read
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Income Statement vs. Cash Flow Statement: Which One Should I Use?
Income statement or cash flow statement? The one you'll use will depend on the financial decision you need to make, because a cash flow statement provides you with a different set of information from the information presented in an income statement.
· 3 min read
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What Tax Return Does a Business Need to File?
Every business entity must report its income to the IRS, but it's not that simple. Which business return does your particular business need to file, and what other tax forms and deadlines do you need to keep track of?
· 5 min read
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When Are Taxes Due for Businesses?
Getting tax return and payment filing done on time is easier when you know what to expect and when they are due.
· 4 min read
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What Happens if You Miss the Tax Deadline? Penalties for Late Filing
If you miss the tax filing deadline, you will be subject to failure-to-file penalties. To avoid this, you should file an extension prior to the deadline. Extensions allow extra time to file a tax return, but it does not give you extra time to pay.
· 4 min read
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Charitable Contributions: How Much Can You Write Off?
Your ability to deduct charitable gifts depends on the type of donations you make and the organizations receiving them.
· 3 min read