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Archives for October 2021

How to Deal with a Past Due Tax Return

October 20, 2021 by Todd Renner

“Better late than never” applies when it comes to filing income tax returns. Here’s what you should know. Maybe you didn‘t get your 1040 done in time in a previous year and you figured you couldn’t still file your income taxes. Or maybe you thought you’d owe money that you didn’t have. Or perhaps you […]

Filed Under: Tax Information

Understanding Installment Sales

October 6, 2021 by Todd Renner

The majority of sales and purchases of property are usually settled by the buyer paying the seller an agreed on lump sum up front. However, there are circumstances when it makes sense to structure the sale of property so that payments will be received in installments over a number of years. What are those circumstances […]

Filed Under: Tax Information

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