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What to Do if You Receive an IRS Letter
Don’t panic and know what to do if you receive an IRS letter. Learn the key steps to take and how to plan your next move.
email-or-text-from-the-IRS-scam

That Email or Text from the IRS: It’s a Scam!

“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The scams may come

S-corporation-to-mitigate-federal-employment-tax-bills

Use an S Corporation to Mitigate Federal Employment Tax Bills

If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No wonder! For 2023,

start-up-expenses

Starting a Business? How Expenses Will Be Treated on Your Tax Return

Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports

IRS-audits-may-be-increasing

The Best Way to Survive an IRS Audit is to Prepare

The IRS recently released its audit statistics for the 2022 fiscal year and fewer taxpayers had their returns examined compared to prior years.

Trust-Fund-Recovery-Penalty

The Trust Fund Recovery Penalty: Who Can It Be Personally Assessed Against?

If you own or manage a business with employees, there’s a harsh tax penalty you could be at risk for paying personally. The

IRAs when married-and-not-earning-compensation

Are You Married and Not Earning Compensation? You May Be Able to Put Money in an IRA

When one spouse in a married couple is not earning compensation, the couple may not be able to save as much for a

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