If you own rental property, you’ve probably had to deal with on-site issues from time to time. These problems include property repairs along with a slew of other inevitable challenges. In spite of all these surprises, the least expected and most unwelcome of problems often happens during the tax season. The surprise we are talking about is one…
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It’s 10:00 pm on April 15th and your tax return hasn’t been filed with the IRS. This leaves you with two choices. You can either not do anything about it and suffer the wrath of the IRS, or you can file a one-page tax extension. If you file an extension form, it’ll give you more…
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Are you self-employed and trying to apply for loans? If so, you’re well aware that the bank will do everything in its power to put you through the wringer during the personal loan application process. This usually happens because we overlook preparing required additional documentation. This results in a longer application process. That’s why our…
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Moving houses can be an extremely chaotic, time-consuming experience to say the least. Usually, we’re worried about moving the furniture and switching our cable providers. So, what else is there left to do? You need to let the IRS know that you moved houses and complete an IRS change of address form. First of all,…
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Do you know how to calculate estimated tax payments? You owe quarterly payments if you receive any income from which the tax isn’t already withheld (which is most paychecks). Because the IRS will charge fees for underpayment it’s important to pay the correct amount. Many of our clients use us to help estimate their payments…
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Your teenager needs a summer job and it just so happens that you have some clerical work at the office that needs to be done. Sounds like a perfect match? It might be just that. There may be some cost advantages available if you’re a sole proprietor and considering hiring your child as an employee…
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