So how exactly do the richest people on Earth avoid paying taxes?
The secret lies in the fact that US tax law focuses on taxing income, however, the majority of their wealth is tied up in company stocks...
Use ERC rules to MAXIMIZE CASH in 2021
We have good news and we have great news! A client of ours has just received a huge refund of few hundred thousands from IRS after we...
President Joe Biden has proposed a 39.6% top marginal income tax rate
President Joe Biden has proposed a 39.6% top marginal income tax rate, it was originally 37% to help fund the American Families Plan....
Capital-Gains Tax Rate Increase Started in Late April
If you are a high-income earner anticipating huge capital gain in the current year, this news will be relevant to you. President Biden’s...
The Child Tax Credit Payments are coming: Everything to know
Good news! You maybe receiving additional payments from IRS if you have kids! The Child Tax Credit Payments are coming! Based on the...
Do You Need To Keep Your Old Tax Returns?
Now that you have filed your taxes for 2020, you wonder what you should do with your old records from previous years. Should you keep...
Tax Deadline May 17 Is Here! What Should You Know?
If you have not filed your 2020 tax return, there are only a few days left before the May 17 deadline (except for states affected by the...
Maximize Deductions For 1099 Contractors
You are or have recently become an independent contractor and now you are trying to figure out what financials you need to record and...
Everything You Need To Know About Filing 2020 Taxes
The unexpected crisis of COVID-19 that ran rampant throughout 2020 and into this year has caused many changes and upheavals to tax...
3 Critical Errors You Should Avoid When Doing Your Books & Tax Returns For 2020!
If you run a business and are planning to file your own taxes, by now, you are probably overwhelmed and confused about the ever-changing...
