IRS Report Card
Every year the IRS prepares an executive summary of their performance. You can view these yourself: Their 2017 Objectives Report to Congress and their 2016 Season Review. The IRS needs to…
Every year the IRS prepares an executive summary of their performance. You can view these yourself: Their 2017 Objectives Report to Congress and their 2016 Season Review. The IRS needs to…
Let’s face it, my job is to file your taxes accurately, to advise you on how to be compliant, but some of you just don’t want to follow my directions.…
It’s what my readers have asked for. So many millennials are being sold and told crazy financial information, typically from a friend, salesman, bartender, cell phone store or heck you…
Are you going on a mission trip? Do you deliver meals on wheels? Here are some tips when you want to deduct charity related travel costs. Qualified Charities. For a…
One important consideration when starting your business is determining the best legal organizational structure. Why? Because it will affect operating efficiency, transferability, control, the way you report income, the taxes…
Now that you have your business type established, how should you operate it? Various entities have different requirements. Below is a brief explanation. SOLE PROPRIETORSHIP Controlled by one person All…
I have been asked several times “When does my business end?” It depends on the structure.. SOLE PROPRIETORSHIP Continues until abandoned or upon death of the owner Assets and liabilities…
Have you ever needed a transcript of your federal income tax return for a mortgage application or other reason? If so, here is how you can get a copy of…
Part 1 Forecast of revenue, expenses and operating capital requirements It’s no secret that you will need capital — money — to launch your new business. In fact, many entrepreneurs…