Homeownership has always been a trait of the American dream. Traditionally, owning a house has been a representation of financial stability and reliable retirement savings. For many,...
Posted by Larry Kenneth Hurt on 05/17/2020
Lying about income tax means that you are committing tax fraud, which is a federal crime. The IRS has severe penalties so that perpetrators will pay a very high price. Prison is a...
Posted by Larry Kenneth Hurt on 05/17/2020
Tax Day 2020 is Wednesday, April 15 and before you even know it, it’s already here. We all know that one of the most stressful days for most Americans is tax time and that’s...
Posted by Larry Kenneth Hurt on 04/27/2020
On Dec. 20, President Trump signed into law the Setting Every Community Up for Retirement Enhancement Act, or the Secure Act. The new law is mainly intended to expand opportunities...
Posted by Larry Kenneth Hurt on 04/27/2020
The IRS allows individuals, businesses, and properties to file an income tax return after the deadline by obtaining an extension. The correct presentation of an extension means that...
Posted by Larry Kenneth Hurt on 04/20/2020
Lawsuits are not brought against those who have few resources; they are filed against those who have "deep pockets." If you have substantial assets or unexpected income from...
Posted by Larry Kenneth Hurt on 04/20/2020
The Internal Revenue Service (IRS) expects that all income be reported on a tax return and, if not, can result in fines and sometimes penalties. However, most fines can be suspended...
Posted by Larry Kenneth Hurt on 02/25/2020
The details on how to turn your small business from a C Corp to an LLC vary depending on several factors. While we may not be able to see all of the possible scenarios, here are some...
Posted by Larry Kenneth Hurt on 02/25/2020
Congress ended in 2019 with a single budget. This fact in itself is a rare result for the representative bodies dissipated and always distracted from this country. Such documents,...
Posted by Larry Kenneth Hurt on 02/15/2020
