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tax extension deadline calendar

18 Oct What Happens When You Miss the Tax Extension Deadline?

With Oct. 15 just passing us by, many of our clients have safely filed their taxes and are preparing for the upcoming year. However, those on the outside might not have been quite as fortunate and missed the tax extension deadline. If you're reading this article, this is probably the boat you've found yourself in. So...

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solar panels

11 Oct The Solar Panel Tax Credit Disappears in 2022!

The appeal of solar power is massive, with nearly 150 million panels already established in the continental US. Solar panels are cleaner and much more cost effective over time. You've probably heard of people going "off the grid" with the help of solar panels. Needless to say, those with an eye toward the environment probably...

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college student in library

04 Oct How to Use a Section 127 Plan for a Big Deduction

If you have adult children and run your own business, then you want to consider a Section 127 plan. What is a Section 127 Plan? A Section 127 is a legal, education assistance plan that allows you to give your employees money for pursuing an education. This can also be applied to your own child if they...

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nicolas cage celebrity tax evader

27 Sep Celebrity Tax Avoiders: 5 Famous People Who Owed the IRS

While it may seem that tax problems are secluded to common folk, the reality is even famous people get IRS trouble too. When it comes to paying taxes, the IRS doesn't care what position or how many fans you have. There have been plenty of celebrity tax avoiders in the United States. Keep reading to learn...

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expense records

20 Sep Bad Expense Records? Be Ready for a Hefty Tax Bill!

If you're a business owner or independent contractor, you've probably heard of the importance of keeping expense records. However, we feel it's important to stress just how important keeping those records is. If you keep bad expense records, you'll end up paying a lot more money each year! The consequences of keeping bad expense records can...

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