Recent Blog Posts

May 29th, 2019 Newsletter

Want a Bigger Tax Refund Next Year? Check Your Withholding! We always advise our readers to keep tax refunds to a minimum to avoid giving Uncle Sam what amounts to an interest-free loan all year long. But we also acknowledge that some people still like big refunds and see them …

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May 22nd, 2019 Newsletter

Top 10 Home Business Tax Tips  It is said so often that it has become a bit of a cliché, but one of the great virtues of starting a home business are the tax breaks you can claim. Another popular belief surrounding home businesses, however, is that claiming … Investopedia Strategies …

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May 15th, 2019 Newsletter

Are Home Improvements Tax-Deductible? When it’s time to file taxes, people want to claim as many deductions as possible. Home improvements are defined for tax purposes as work that increases the value of a home, extends its useful life or modifies it so it can … RIS Media IRS Form W-4: …

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May 8th 2019 Newsletter

Watch Out for Tax Audit Red Flags Now that you’ve completed your tax return, you may be wondering about your odds of an IRS audit. Most people can breathe easy. The vast majority of individual returns escape the IRS audit machine. In 2017, the individual audit … Kiplinger How Long Should …

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May 1st, 2019 Newsletter

Selling Your Stuff: The Tax Dimension The anti-clutter mantras of Marie Kondo and others are convincing thousands of people to empty their attics of the stuff they’ve collected over the years and sell the more valuable items on eBay or Facebook Marketplace. In … Kiplinger Just Paid the IRS? Here’s How …

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April 2017, 2019 Newsletter

Tax Mistakes You Can’t Afford to Make Taxes are very complicated — and unfortunately, the stakes are high when you’re submitting info to the IRS. If you make an error, you could end up being audited and potentially owing penalties for back taxes. Or you could find … Fox Business …

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April 10th, 2019 Newsletter

How to Right Size Next Year’s Tax Return The 2018 tax season is over, and a lot of taxpayers are not happy. Thanks to the tax overhaul, some got smaller refunds than they received in the past, and others were hit with an unexpected tax bill. The reason: In 2018 … …

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April 3rd, 2019 Newsletter

Entrepreneurs Pay More in Taxes Because They Don’t Do This As we head deeper into tax season, we’re starting to hear from more and more Americans experiencing sticker shock as they file their returns. Gone is the comforting and often sizable refund check they’ve come to expect … Kiplinger Thinking ahead: …

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March 27th, 2019 Newsletter

  How do I file an extension on my taxes?Taxes, unpopular though they may be, fund government services Americans count on every day. Individual income taxes may be especially hated — but they are also important, accounting for 48% of federal tax revenue. For the vast …USA Today Ways to Avoid …

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March 20th, 2019 Newsletter

Can I Deduct That As A Business Expense? I work with many business owners and by far, the most commonly asked question I get is, “Can I deduct that as a business expense?” As with all good tax law questions, it depends on a lot of factors — the type …

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