The last thing any business owner wants is to be audited by Uncle Sam. Truthfully, the probability of an audit is generally low though some red flags can trigger a business audit....
Posted by Rosovich & Associates, Inc. on 05/29/2021
Everyone with assets will know that keeping such assets safe is a top priority as there are various threats to one's ownership of such assets like divorce, lawsuits and creditors. With...
Posted by Daniel P Vigilante CPA and Profit Consultants on 05/24/2021
Business owners can deduct expenses for using their vehicles for business purposes. For one to qualify for such driving expense deduction, one needs to prove that the trip was business-oriented....
Posted by Raven Skylar Tax & Consulting, LLC on 04/30/2021
Billions of dollars in property taxes go unpaid every year, a major problem for local municipalities that depend on this money to fund public services. Instead of waiting months or...
Posted by CORE PERFORMANCE on 04/29/2021
The significant difference between S corps and partnership is the protection limited liability that S corps business owners enjoy. Partnerships, however, do not have this protection,...
Posted by Jim McClaflin, EA, NTPI Fellow on 04/27/2021
Usually, people work harder and save enough money to acquire a home of their choice. However, many cannot keep up with the financial demands due to some unplanned events or circumstances....
Posted by Raven Skylar Tax & Consulting, LLC on 04/27/2021
There are many options you can take if your property evaluation caught you by surprise. You do not have to accept the assessment and pay. With determination and some research, you...
Posted by Thomas G Kinsella, ATP on 04/26/2021
If you are an entrepreneur, you can deduct purchases used to generate income for your business over time. This includes business assets, such as equipment and property. To do this,...
Posted by Unifirst Financial & Tax Consultants on 03/30/2021
The nation owes a debt of gratitude to veterans, yet sometimes these heroes come back home and pay huge taxes, which places a significant burden on them. This realization led to a...
Posted by Carmen Garcia on 03/01/2021
