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The latest news from our team

A dollar sign with a slach through it and the words IRS and penalty surrounding the dollar sign.

Got IRS Penalties? Know the Rules, Pay Nothing

The IRS can impose harsh penalties for late tax filing, unpaid taxes, or employment tax errors. But, there are ways to reduce or even remove these penalties.

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Maximize Your Tax Deductions: A Guide for Those with Multiple Income Streams

Explore the key tax deductions available to individuals with multiple income streams and provide practical tips on how to leverage these deductions to maximize your tax savings.

Multiple empty lots with for sale signs posted on each one.

Real Estate Sales: Will You Pay Capital Gains or Ordinary Income Tax?

Selling real estate can greatly impact your taxes if the profits aren’t classified properly.

Double the Benefits: Hire Your Child to Lower Your Taxes

As a business owner, you're always looking for smart strategies to save money and maximize the benefits your company can offer. One lesser-known yet highly advantageous strategy is hiring your children to work for your business.

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Avoid Costly Mistakes: Maximize Your 529 Plan Benefits Today

As a new college year begins, it's important to remember what expenses are covered by a 529 plan. Understanding this can help you make the most of your savings.

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Tax Deductions for Investments in Vacant Land

Purchasing vacant (unimproved) land can be a great way to get into real estate investing.

a building being built to show cost segregation

Unlock Tax Savings with Cost Segregation for Real Estate

cost segregationis a powerful tax strategy that can significantly enhance cash flow by accelerating depreciation deductions.

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Augusta Rule: A Valuable Tax Strategy

Explanation of the Augusta Rule and how it can save you taxes.

the number 10 for 10 questions to ask your tax advisor

10 Important Questions to Ask Your Tax Advisor

To make the most of your relationship with your tax advisor, it's important to ask the right questions.

someone frustrated looking at their tax return

Why You Are Frustrated With Taxes and How to Stop It

Understanding taxes is frustrating, but there are ways you stop this feeling.

a risign chart of tax savings from reviewing a tax return

Boost This Year's Tax Savings by Reviewing Last Year's Return

Review last years tax return for ideas on how to save taxes this year.

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Do I Have To Pay Estimated Taxes?

Information about estimated tax and who needs to pay them.

irs audit of a tax return

How Long Does the IRS Have to Audit Your Tax Returns?

The timeframe the IRS has to go back and audit tax returns.

graduation cap representing a 529 account

What to do With an Overfunded 529

Things you can do with the money left over in a 529 plan.

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Working Overtime? Enjoy It With Tax-Free Supper Money

A fringe benefit that a company owner can take advantage of.

a business owner paying a spouse

Should I Hire My Spouse?

Save on taxes by paying your spouse.

chess pieces representing different tax strategies

What are Tax Strategies and Who are They For?

Description of tax strategies and some examples of tax strategies business owners can use.

a person talking about retirement plans

4 Steps to Choosing the Right Retirement Plan

Steps for choosing the right retirement plan for a small business owner.

Picture of a home office

Deducting Home Office Expenses

How to deduct home office expenses on a tax return.

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Year-Round Tax Planning for Businesses: A Roadmap to Financial Success

Year-round tax planning tips to help maximize tax deductions.

Rental sign for a real estate investment

Tax Tips for Real Estate Investors: Maximizing Returns and Minimizing Taxes

Tax tips for maximizing a real estate investment and paying less taxes.

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I'm a Victim of Tax-Related Identity Theft. What Do I Do?

What to do if you can't file your tax return because someone stole your identity.

a subcontractor talking to someone

Can I Treat Someone as a Subcontractor Instead of an Employee?

Rules for paying someone as an employee vs a subcontractor.

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