Do you have a right to privacy? Well, according to the Bill of Rights Amendment 4 you have the right “to be secure in their persons, houses, papers and effects […]
IRS
Phone Scams
We have all gotten those e-mails from the Nigerian prince asking for bank information so he can safely get money out of his country, but what if the IRS calls […]
Federal Vs State
In most cases, federal laws supersede state laws; which becomes a major hurdle for those who sell marijuana under state legalization. However, there are exceptions. One that comes to mind […]
The cost of tax compliance
Have you ever thought about the time both you, and your bookkeeper or your accountant spend to make sure you are doing everything you need to do to be in […]
The Good, the Bad and the Ugly of dealing with the IRS
Everyone panics when they get any correspondence from the IRS, even if it’s a good notice (yes, they do have those). The first step: Don’t Panic. The second step, don’t […]
Jack of all trades
I find it interesting that Entrepenurers in general seem to have the idea they have to be an expert in every part of their business; from how to clean the […]
1099’s: why, when and how many
Each year I get the question why should I file 1099’s? The fact is they are required by law. This form is often associated with independent contractors however it could […]
Do you really want a refund?
It seems like the one question I get asked the most when it comes to taxes is: “How much is my refund?” The real question should be: “Why am I […]
Tax changes you should be aware of for 2013
I have been getting lots of questions about the new tax implications of the last minute tax changes that were signed into law on January 2nd.The American Taxpayer Relief Act […]
Help! I Got A Letter From The IRS!
It seems that just as tax season is winding down the IRS letters start ramping up. The reason is simple; they are about two years behind or so, and those […]