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Why is it some businesses seem to simply “go out of business” and some have a liquidation? Find out what liquidation really means.

Posted April 28, 2014
Tips

Avoid IRS hassles by starting off on the right foot.

Posted April 28, 2014
Tips

The IRS can’t audit everybody but just how many taxpayers are being audited? Find out the percentage by income.

Posted March 27, 2014
Tips

When it comes divorce or being an unmarried parent, who gets to claim your dependents can be a bit tricky. Here’s what you need to know.

Posted March 27, 2014
Tips

Ever wonder about what the Earned Income Tax Credit is? You just might qualify!

Posted March 27, 2014
Tips

Putting off your taxes until it’s too late can be damaging.

Filing your taxes late can mean that you’ll owe even more money. Or, if you have a refund due, it can lessen how much you get back. Either way, you’re losing money.

Posted March 27, 2014
Tips

If you bought a house or owned in house in 2013, there may be more deductions than you knew about.

For itemized deductions, most people know that you can deduct the interest you pay on your mortgage. Here’s a list more deductions you may be able to take as well.

Posted February 23, 2014
Tips

Sure getting married means you’ll more than likely change your filing status, but there are also some other administrative things that need to happen as well.

Posted February 23, 2014
Tips

Not sending out 1099s can be costly. Here’s what business owners are responsible for.

Posted February 23, 2014
Tips

The distinction between capital expenditures and expenses may seem obvious. But the IRS may see it differently.

There are capital expenditures and there are expenses. And most of the time, the line between them seems pretty clear to business owners come tax season. But there can be some gray areas.

Posted February 23, 2014