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Top Reasons Taxpayers End Up in Court and How to Avoid Them

Here, we delve into the common areas of the tax code that frequently end up in tax court, offering insights and best practices to help you..

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Can a Self-Employed Taxpayer Mix Business & Pleasure During Foreign Travel & Still Get a Deduction?

When a self-employed individual makes a business trip outside of the U.S., and the trip is 100% devoted to business, all of the ordinary...

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There's a Lot You Can Get Wrong With Business Budgeting... But It's Still an Invaluable Practice

According to one recent study, only about two-thirds of all businesses open today will survive two years in operation. Roughly half...

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If You Have a Side Hustle, Be Advised: The IRS is Cracking Down

For several years now, the IRS has required payments made to merchants through various marketplaces, payment processors (credit & debit...

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July 2021 Due Dates

July 2021 Individual and Business Due Dates.

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Recordkeeping Tips to Keep the IRS Away

With the ever-increasing complexity of our tax system, it is commonplace for many small businesses to make mistakes with bookkeeping and fil

Writing Off Your Business Start-Up Expenses

Unfortunately, as a result of the COVID pandemic, many small firms have gone out of business. Fortunately, with the help of vaccines, new bu

You Can Expense Business IT Purchases

Thanks to some very liberal tax laws written to encourage investment in personal tangible equipment, including information technology (IT) e

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