Reminders on Tax Preparations for the Year of COVID
The effects of the global pandemic and economic crisis will be felt for years to come. But this year, finalizing year-end accounting for businesses has
Tax Implications of Closing a Business in 2020
An unfortunate side effect of the global pandemic and economic impact has been the closing of small businesses. But just closing the doors doesn’t end
Do I Need a Trust Fund?
Trust funds get a bad rap. Many connect them with entitled “trust fund babies” who inherit enormous sums of money from ultra-wealthy family. But not
Basic Steps to a Tax Audit
No one likes to see that letter from the IRS “congratulating” you on being audited. Before you throw the notice aside and bury your head
Considerations when Setting up a Business
A strange thing happened as part of the global pandemic and economic crises. Many people, especially if laid off or furloughed, are having “COVID epiphanies.”
Last Chance: 2019 Taxes are Due on July 15
Consider this your public service announcement. You had an extra three months, but this is your last chance: 2019 taxes are due on July 15.
Do Not Approach Filing Taxes like Speed Dating
Read that again. Do not approach filing your taxes like speed dating, especially for small businesses. You cannot expect to whirl through filing your business
Five Steps for Creating an Estate Plan
What do you think about when someone talks about creating an estate plans? If you’re like most people, you assume that means they have a