by charlie | Jul 26, 2021 | Blog
Statute of Limitations The IRS has a 6-year statute of limitations for filing taxes. If you have not filed in 6 years or less, you can still get those returns filed. If it has been longer than 6 years, you should seek the advice of a CPA, an Enrolled Agent, or a tax...
by charlie | Jul 12, 2021 | Blog
Tax Refunds Explained: How Do Tax Refunds Work? Understanding tax refunds is key to managing your finances effectively. A tax refund occurs when you have paid more in taxes throughout the year than your actual tax liability. While getting a big tax refund may seem...
by charlie | Jan 4, 2021 | Blog
You’ve started a new business, now what? You started a new business and registered it with the Secretary of State, congratulations! What next? There is a misconception that if you just open an LLC, register with your Secretary of State, and get an EIN then you are...
by charlie | Dec 6, 2020 | Blog
Corporate Taxes and How They Work Let’s talk about Biden’s proposed tax policies and how they will affect business and corporate taxes. Keep in mind these are all just proposals. Biden is not even president yet, and these have to pass through Congress for them to...
by charlie | Nov 29, 2020 | Blog
Let’s talk about Biden’s proposed tax policies and how they will affect the individual taxpayer. There are ten key proposed changes that I want to discuss. Keep in mind these are all just proposals, Biden is not even president yet, and these have to pass through...
by charlie | Nov 15, 2020 | Blog
Section 179 Depreciation Deduction – and More About Cars The Section 179 depreciation deduction for small businesses is a section in the internal revenue code that basically allows small business owners to accelerate their depreciation of fixed assets. This is...
