Deduction opportunities abound for people who know the importance of saving their receipts and keeping proper documentation. Make sure you’re taking the right steps to make qualified deductions during filing season.
Fraud Alerts can be a strong preventative tool, as they allow creditors to be forewarned that a person may be at a heightened risk of identity theft. You may place a fraud alert by using the contact information below.
Have you ever heard of the marriage penalty? It means you could be taxed more as a married couple than you would as single people making the same amount of money. This is because single filers almost always have higher income thresholds when moving to
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How employees handle & dispose of documents can make or break you.
Avoiding bank reporting by manipulating cash transactions is called structuring – and it’s against the law. Know the rules around structuring and how to make sure your business isn’t questioned by the IRS.
If you’re thinking of selling your company, a proper appraisal is a necessary starting point to ensure your business is priced properly and you will be able to attract potential buyers. Read more.
It seems everyone has a tale of a bad rental experience. If you rent anything – a home, a piece of equipment, or a car – here are some hints that can make it a positive experience. Read more.
Working in the service industry often means part of your income comes in the form of tips. Keeping records of your tips is a necessary part of reporting this income for tax purposes, but do you have a good system in place to do this?
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The Internal Revenue Service has signed a contract with a company called Chainalysis that offers software for analyzing and tracking bitcoin transactions. The IRS has been pushing for ways to tax bitcoin transactions. In 2014, it issued basic guidance in Notice 2014-21 stating that virtual currencies such
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The cost of one trip to the auto mechanic can do severe damage to your monthly budget. Follow these five auto maintenance tips to help save money over time. Read more.
