Request a Consultation.
If you’d like to request a consultation, please complete the form below and we’ll be in touch soon!
Blog
Planning to start a business partnership with a friend? Prudence demands looking at the pitfalls
Planning to start a business partnership with a friend? Prudence demands looking at the pitfalls - as well as the potential strengths - of such relationships. Here are a few questions to consider. * What will my friend contribute to the business? Does he or she have...
Swap properties to postpone taxes
Postpone taxes by swapping real estate instead of selling it.
Don't fall for this #1 tax scam
Crooks wanting to steal your identity are using bogus e-mails and websites designed to look like genuine IRS communications.
Check your 2013 tax withholding
If you have a sizable refund of your 2012 taxes, it may be time for you to check your withholding. After all, when you overpay your taxes, you’re making an interest-free loan to the government.
Certain Roth conversions are final
Under the new tax law, it is now easier to convert your employer-sponsored retirement plan such as a 401(k), 403(b), or 457 into a Roth IRA account. This is similar to converting your traditional IRA into a Roth IRA, but with one very significant difference.
IRS announces second quarter interest rates
Interest rates charged by the IRS on underpaid taxes and paid by the IRS on tax overpayments will remain the same for the second quarter of 2013 (April 1 through June 30). Therefore, for the first six months of 2013, the rates will be the following for individuals and...
Don't treat the IRS as your banker
When cash flow is tight, you may be tempted to pay your suppliers first and your payroll taxes last. The IRS will take steps to minimize the liability as quickly as possible. They also have a powerful weapon available to collect such taxes. Whether or not you own the...
Filing reminder for nonprofit organizations
Nonprofit organizations are required to file annual reports with the IRS. Those with gross receipts below $50,000 can file an E-postcard rather than a longer version of Form 990. The deadline for nonprofit filings is the 15th day of the fifth month after their...
Many tax deadlines fall on April 15
April 15, 2013 is a major tax day, with the following IRS deadlines falling on that date: * Individual income tax returns for 2012 are due. * 2012 partnership returns are due. * 2012 annual gift tax returns are due. * Deadline for making 2012 IRA contributions. *...
Should you directly deposit your tax refund to an IRA?
It sounds like a great idea: Have the IRS directly deposit your tax refund into one or more individual retirement accounts (IRAs). In fact, the IRS touts this option as a way to speed up retirement contributions. The whole process is automated and simple. Read more.