My Recent State Tax Audit
A tax audit isn't going to be fun. They may cost you a lot of time and even money. But the truth is they're pretty uncommon and really shouldn't be feared.
A tax audit isn't going to be fun. They may cost you a lot of time and even money. But the truth is they're pretty uncommon and really shouldn't be feared.
Depreciation has always been my favorite tax break and recent changes in law have made it even better. Here's how to maximize this powerful tax-saving tool.
The Roth IRA is a great start for building your nest egg. There's no better vehicle for investing, tax reduction, asset protection, and estate planning.
The step-up in basis is an important financial principle to understand to avoid expensive screw-ups. Here's what you need to know for yourself and your heirs.
If you own an S corp in addition to having a W2 job, you're probably getting hosed on social security taxes. Here are tax planning strategies to help.
If you're a business owner working from a home office, you may be leaving money on the table. Here's a rundown of the tax deductions available to you.
Here's how the Paycheck Protection Program and Economic Injury Disaster Loan can help your small business.
Discussing the nitty-gritty details of tax-loss harvesting in your taxable account. Also talking asset allocation in a bear market, glide paths, bond tents and lots more.
If you're considering company stock as compensation, it's critical to understand the time-sensitive 83(b) election to avoid a huge tax problem.
To have a better understanding of how taxes work and how to maximize deductions, take a look at IRS Form 1120-S that I completed for my S Corp this year.
Interviewing Harry Sit today discussing advice-only advisors, health insurance, retirement accounts, financial independence, and lots more.
Avoid the hassle of depreciating business expenses by taking advantage of the $2,500 de minimis safe harbor election on your taxes this year.
The much-maligned 401K is still the best way to let Uncle Sam contribute to your retirement account. By using it, you save taxes in 3 different ways.
A review of my experience preparing my tax returns with Turbotax over the past decade.
There's a new Form 1040 for filing 2019 taxes. The truth is that it really isn't the form that makes things confusing, it's the tax laws.