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Self-employed taxpayers normally earn income by carrying on a trade or business. Here are the most important tips for the self-employed...

Receiving Options, RSU or Company Stock? Preparing Your Own Returns in Turbo Tax? Eliminating These Costly Common Errors Will Save You Thousands in Taxes...

Visiting the United States can make you a taxpayer. If you are a nonresident alien visiting the United States only for pleasure, receive no income from you don’t have to file with the IRS.  But, what if you are working on your laptop or you spend a few days at a board meeting?

Some state income tax returns for 2016 require information from a taxpayer’s driver’s license or state-issued identification card information before the returns can be e-filed...

The IRS streamlined amnesty procedures for US citizens and green card holders have been well publicized, but less mentioned has been the IRS procedure for US residents who are not US citizens and who do not have green cards...

We, as your CPA, as well as the IRS, realize that not everyone can file by April 15th, which is why tax return extensions exist. Some returns are quick and easy, without much going on and can easily be done by tax day. If you are a business owner or a real estate investor, your return is probably not one of those...

The IRS is granting a six-month automatic extension for C corporations...

The Internal Revenue Service is temporarily putting the brakes on issuing new rules  and scaling back enforcement of the individual mandate under the Affordable Care Act...

Taxpayers should choose their tax return preparer wisely – with good reason. Taxpayers are responsible for all the information on their income tax return. That’s true no matter who prepares the return. Here are ten tax tips to keep in mind...

The ID thieves have found easy money at the IRS. With your social security number and name, anyone can file a return claiming a tax refund...

There is some remarkably bad and wrong and hazardous-to-your-health information out there that—despite being repeatedly debunked—just will not go away. Some of those ideas are clearly erroneous, but others can snag even very bright people...

A great and candid self-assessment tool for any business owner. A must-read!
Cash flow problems (#1) can be rather quickly corrected with the intervention of a business advisor or CPA.
Poor bookkeeping (#5) can be alleviated...

“My parents didn’t teach me anything about money.”

That was my first complaint when, as an adult, I finally started to learn something about it. Since then, I’ve overcome the “blaming” mentality; I took ownership and resolved to learn as much as I could...

Homeownership is part of the American dream. Which is why you may want to help your adult child make that important purchase. You see, homeownership comes with some giant tax savings if you know how to play the game the right way...

Under the the Bank Secrecy Act and its regulations, U.S. citizens, green card holders or tax residents must report a financial interest in, or signature or other authority over, specified bank and other accounts in a foreign country...

As a small business owner you must issue a Form 1099-MISC to each person to whom you have paid at least $600 in rents, services (including parts and materials), prizes and awards, or other income payments...