Tax Information

When running a small business, it is essential to understand the difference between tax fraud and tax negligence. In this article, we clarify these terms so that you can avoid unsavory business practices and stay on the right side of the law. Let’s start with some basic definitions to understand the difference between tax fraud […]

If you’re a real estate investor, saving money on your taxes can be just as crucial to your bottom line as the deals you make daily. While numerous tax strategies that you can implement to save on taxes exist, a few of them are more valuable than others. Here, we discuss four of the top […]

As a small business owner, you probably know that willfully avoiding paying taxes will lead to severe problems with the IRS; however, IRS problems aren’t always a result of a business owner’s intentional actions. These are five ways business owners can get into trouble with the IRS that they might overlook or not realize. 1. […]

Did you know that a Roth individual retirement account (IRA) can be more than a source of retirement income for you? If you have sufficient retirement funds and are looking for a way to leave your heirs a tax-advantaged financial legacy, a Roth IRA may be an option to consider. Traditional to Roth If you […]

Did you know that a Roth individual retirement account (IRA) can be more than a source of retirement income for you? If you have sufficient retirement funds and are looking for a way to leave your heirs a tax-advantaged financial legacy, a Roth IRA may be an option to consider. Traditional to Roth If you […]

Did you skip filing or request an extension on your 2021 taxes because you couldn’t pay? You have several options. It’s happened to many people at one time or another. You wait until the last minute to prepare and file your income taxes, only to receive a very unpleasant surprise: You owe money, and you […]