How Biden's Tax Proposal Will Affect You!
If you are a business owner, based on President Biden’s 2022 budget proposal, 2 things may affect you immediately. 1) If you have a...
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...
The second quarter estimated tax payments are due on June 15th!
The second quarter estimated tax payments are due on June 15th! So, if you’re a business owner or self-employed (freelancer, independent...
Biden Targets Crypto Tax Evaders
There has been growing concern of potential tax fraud or evasion in virtual currency trading due to the lack of proper controls and...
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...
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...
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...
Refunds Delayed!!!
After one month of the official opening of the 2021 tax season, according to the IRS, there are 7.6 million returns that haven’t been...
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...
