RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Thu, 01 Jul 2021 09:00:00 -0500 Thu, 01 Jul 2021 09:00:00 -0500 What Is the Net Investment Income Tax? The Net Investment Income Tax tends to affect wealthier individuals, but in certain circumstances, it can affect moderate-income taxpayers too. Thu, 01 Jul 2021 09:00:00 -0500 Small Business: Understanding Payroll Expenses Whether you're a small business owner who is just starting or one who has been in business for a while - ready to hire an employee or two - here is what you should know about withholding, reporting, and paying employment taxes. Thu, 01 Jul 2021 09:00:00 -0500 Settling Tax Debt With an IRS Offer in Compromise If you owe money to the IRS, an offer in compromise could be the answer. Thu, 01 Jul 2021 09:00:00 -0500 Employee Relocation: What Happens to Your Home? Employees and small business owners often have questions about what to do with an employee's home - and what the tax consequences might be - when they move to a new job location. Here are some answers. Thu, 01 Jul 2021 09:00:00 -0500 Advance Child Tax Credit Payments Start This Month More than 36 million American families may be eligible to receive monthly Child Tax Credit payments starting July 15, 2021. Here's what families need to know. Thu, 01 Jul 2021 09:00:00 -0500 What are Estimated Tax Payments? Estimated tax is the tax paid on income not subject to withholding, such as income from self-employment, interest and dividends, rent, prizes and awards, and gains from the sale of assets. Tue, 01 Jun 2021 09:00:00 -0500 Tips to Help You Figure Out if Your Gift is Taxable If you've given money or property to someone as a gift, you may owe federal gift tax. There are, however, exceptions. Tue, 01 Jun 2021 09:00:00 -0500 Tax Considerations When Selling Your Small Business If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is that without a tax planning strategy in place, you could be liable for capital gains and other taxes - leaving you with far less cash than you anticipated. Tue, 01 Jun 2021 09:00:00 -0500 Expat Compliance With US Tax Filing Obligations If you're an expat who has relinquished - or intends to relinquish - your US citizenship but still has US tax filing obligations (including owing back taxes), you'll be relieved to know there are IRS procedures in place that allow you to come into compliance and receive relief for any back taxes owed. Tue, 01 Jun 2021 09:00:00 -0500 Changing Jobs? Don't Forget About Your 401(k) One of the most important questions you face when changing jobs is what to do with the money in your 401(k) account. Making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Tue, 01 Jun 2021 09:00:00 -0500 IRS Levy and Wage Garnishment If you owe the IRS, stop or prevent IRS levies or wage garnishments. Tue, 22 Oct 2019 09:00:00 -0500 Tax Planning and Recordkeeping Here is a brief outline of some basic record keeping practices as well as links to more detailed explanations. Tue, 23 Jul 2019 09:00:00 -0500 Need Help with an IRS Notice you received? This is a list of IRS notices, what they mean, what to expect and some general guidance on some of the notices. Tue, 16 Jul 2019 09:00:00 -0500 5 Quick IRS Collections Tips A shortlist of helpful tips when trying to deal with the IRS. Mon, 13 Aug 2018 09:00:00 -0500 Choosing IRS Representation Upsides and downfalls of each type of representative, fee structures and what to look for when evaluating your potential IRS representative. Tue, 19 Jun 2018 04:00:00 -0500 IRS Offer in Compromise and Negotiation A summarized explanation of the offer in compromise program, ease of submission and complications as well as benefits of hiring representation. Wed, 17 May 2017 09:00:00 -0500 Business VS Hobby This is an easily understandable guide to help determine whether a business could be considered a hobby and provide guidance on what you can do to prevent such a problem. Wed, 15 Mar 2017 04:00:00 -0500 Who Can Represent You Before the IRS Fri, 03 Feb 2017 03:00:00 -0600