Tapping into your 401(k) as if it were a rainy day fund should always be a last resort. Many individuals are not aware of the negative tax implications of an early withdrawal from a retirement […]
What Is The True Cost Of An Early Withdrawal From Your 401(k)? Read More »
It seems like every software company is moving to the cloud, cashing in on reoccurring revenue streams, and Intuit is no different. When QuickBooks Online was first released quite some time ago, the biggest issues
Deciding between QuickBooks Online and QuickBooks Desktop? Here’s What You Need to Know! Read More »
This Giving Tuesday, remember that donations to eligible organizations, cash or non-cash, are tax deductible and may reduce your tax liability come spring filing season. Are you eligible to claim charitable donations on your taxes?
Reminder: Donations this Giving Tuesday May Help Reduce Tax Bills Read More »
President-Elect Trump declared in several interviews that lowering taxes is one of his top priorities. Those that are betting on him delivering this promise and passing reformation through a Republican controlled congress should consider deferring
Year-End Tax Moves – Speculating on President-Elect Trump’s Tax Cuts Read More »
As if you didn’t already have enough things to consider when planning your wedding, postponing or accelerating your wedding date could help you come out ahead from a federal tax standpoint. While the lower brackets (10% and
Year-End Planning: Tax Brackets and the Marriage Penalty Read More »
While taxes may be the last thing on your mind when going through a divorce, these events can have a big impact on your income. Alimony and a name or address change are just a few
Recently Divorced or Seperated? Here’s What You Need to Know Read More »
The IRS recently launched a new resource center on IRS.gov aimed at providing tips for individuals that are taking part in the sharing economy. The past few years, the sharing economy has changed the way
The Sharing Economy & How It Impacts You Read More »
While digging though past court cases and IRS memos, we found these three surprising instances where medical deductions were allowed for not-so medical expenses: Mis-lead – A taxpayer, who’s child who was treated for lead
Three Qualified Medical Expenses that are sure to surprise you! Read More »
There has been an increase in IRS phone and email scams in recent months. Please be on the lookout and remember: An IRS agent will never call about money owed without first mailing you a
Summertime brings Scammers Read More »
When starting a business, understanding your tax obligation is one key to business success. With the internet and the wealth of information found on the web, it’s easy to be misinformed. Hopefully this post will clear
Three Tips for Starting a Business Read More »
Equity Based Compensation – Influencing the Choice of Entity One of the most important decisions you make when starting a business is entity selection. Many factors affect the choice of entity, from legal, to tax,
What every founder should know about Equity Compensation Read More »
