The saying that something is better late than never applies perfectly to filing your taxes with the IRS. If for some reason you cannot...

As you prepare for the tax season, Often, clients tell me they are waiting to receive their 1099’s – but that is wrong! No need to wait...

HERE’S HOW YOU CAN SAVE THOUSANDS IN TAXES… The American tax system can be confusing and overwhelming, not only to new citizens but also...

How to pay your medical expenses TAX FREE! Health Savings Accounts (HSA) Start saving more on healthcare. A Health Savings Account (HSA)...

Over 82 million individual taxpayers file their taxes electronically in 2021, It is 92% of all U.S. Taxpayers! Why E-filing is so...

While individuals and businesses in all 50 states pay federal income tax, residents in 41 states also pay state income tax. Seven states...

Owning a rental property is a huge part of the American dream. Renting out a residential property can be a solid investment, but there...

You might be wondering if you need to file a tax return. While most people who earn an income must file a Federal income tax return, that...

Who is an Independent Contractor? An independent contractor is a person or entity contracted to perform work or provide services to...

Dear Friend, I recently saw an article on Facebook mentioning Donald Trump’s HSA, or Health Savings Account. I was glad to see people...

A Social Security tax gets collected from employees and employers in the United States. This money funds a program of the same name...

Since you are Green Card holder or in other words a “lawful permanent resident”, you face the same range of tax and disclosure...

Medicare is a federal health insurance program in the United States that is for several different groups of people. Most individuals...

Top 7 questions you must ask your accountant: 1. What information do you need from me? You must come prepared for an accounting...

Nowadays it is a must to have a bank account and it is never too early to start saving money and teaching kids how to manage income and...

In case you haven’t considered it, hiring your children may be the easiest and legitimate way to cut your taxes. In this article, I am...

Don’t waste money on penalties! Penalties apply when you owe taxes or did not file a tax return or extension. Keep in mind that the...

Important! You can correct your taxes for the last three years! Story 1 Clients Alice and Erik came to our office with a recommendation...

If you just received a notice that your taxes are being audited: what does it mean? A Tax Audit is an accounting procedure where the IRS...

What to do: Verify why exactly the IRS sent you a letter. The agency categorizes notices to: – information letters (the agency wants to...