Slowly but surely, America is starting to reopen after the pandemic, and we’re finding ourselves a little bit busier each day. Life is still taking a bit longer than usual, however, as we deal with everything from mail delays to shortened business hours. You may find that your W-2 was late because someone in the … Read more
People who own small businesses often juggle many different jobs, but the role of accountant is rarely a favorite. We won’t lie: business taxes can be daunting and get a bit complicated. Things do get a lot easier, however, once you understand a few basics. Here’s a plain English breakdown of the business tax basics … Read more
It’s a parents job to support their children, and doing so isn’t cheap. In 2015, the U.S. Department of Agriculture reported that raising a child to the age of 17 costs about $233,000. This figure doesn’t take college tuition into account. Fortunately, the IRS understands that children are amazing but expensive creatures. To help offset … Read more
So you went the DIY route and your tax refund is lower than you expected. Your first step is likely to verify that the information you entered into your tax software is correct. If it is, you may have fallen victim to one of several common scenarios that lead to tax refund surprises. Reasons Why … Read more
Death and taxes may be the only two sure things in life, but you can at least get some wiggle room on your taxes. You can achieve breathing room on your taxes through tax deductions, which let you use certain expenses to lower your income and therefore your tax liability. The concept itself is quite … Read more
Everybody makes mistakes. But it’s easy to panic when the mistake you made was on your tax return. Fortunately, the IRS isn’t anywhere near as scary as people make them out to be. Yes, they will come after you if they suspect you’ve committed tax fraud. Other than that, however, they’re actually pretty easy to … Read more
