The Dangers of Backdating
A business owner recently asked us if they could offset their taxes by backdating an expense check of $150,000 back to December 2019 so...
Time Extension for Corporate or Partnership Taxes
As you know it is crunch time for many business owners as it is the final month for the Tax Deadline. However, for others it's only just...
Feeling Stressed Over the Tax Deadline?
There is a lot that goes on in march, for many it's March Madness and for everyone else... it's the last minute crunch for taxes. It is...
Are You Ready For April 15th?
Tax Season is here and the deadline is approaching! Are you prepared for it? There are terrible consequences for filing your taxes late...
Don't File Your Taxes Late Minute!
As you know, Tax Season is just about here and January is almost over. Rushing Tax forms out in the last minute is never a good idea,...
Why Tax Planning?
Recently, a business owner asked, “Why do I need tax planning? What strategies can I implement to reduce taxes? Since you do my taxes,...
What It Means To Be Thankful
Running a practice is not easy. Some days I felt discouraged when things did not turn out to be how it was supposed to be. However, over...
How Can I Deduct This or That?
Time is running out. You have worked very hard for your business. Imagine you now have less than a month before the year ends and your...
Turbo Tax - The Ticking Time Bomb!
Recently, a new client reached out to me for help on preparing his 1040. He has been using TurboTax and wants to pay less taxes. When I...
Filing Deadline for W2s and 1099s is Today!
Today, January 31, 2019, is the filing deadline for W2s and 1099s. We understand that lack of response from your contractors may result...
