Owners of small businesses want to change their C corporation to a limited liability company or LLC to be able to avoid double taxation while keeping personal assets safe from business...
Posted by The TaxAdvocate Group, LLC on 02/25/2020
The IRS estimated that in a year there is only a small part of tax crime convictions and these correspond to not more than one percent of taxpayers. However, it is also estimated by...
Posted by The TaxAdvocate Group, LLC on 02/25/2020
Today, for many young people, a student loan is one part of the university experience, which generally follows them for decades, even after graduation. The best-case scenario is that...
Posted by The TaxAdvocate Group, LLC on 02/15/2020
Many people are afraid of the tax season, and it is only natural. But if you expect a tax refund for the 2019 tax season (filed in 2020), you have something to hope for. With the additional...
Posted by The TaxAdvocate Group, LLC on 02/15/2020
According to the Washington Post, many employers pay workplace bonuses instead of pay raise. Bonuses are easier to stop than a steady increase in pay and have an immediate positive...
Posted by The TaxAdvocate Group, LLC on 01/19/2020
If you're a regular U.S. worker close to retirement, you have been shoveling money from payroll or self-employment taxes into the social security system for decades. Over a period...
Posted by The TaxAdvocate Group, LLC on 01/19/2020
Student loan debt has become an enormous problem for loan-saddled borrowers and it's easy to see why. According to a recent analysis by Credit.com, not only does the average college...
Posted by The TaxAdvocate Group, LLC on 01/19/2020
If you’re worried that a home office deduction will trigger an audit, then you might miss some significant tax savings this tax season. In the late 1990s, changes in the rules...
Posted by The TaxAdvocate Group, LLC on 01/19/2020
Tax reform was President Donald Trump’s campaign cornerstone. The general idea of Trump’s plan is his pledge to consolidate the number of tax brackets from seven to three....
Posted by The TaxAdvocate Group, LLC on 01/19/2020
