

Deductible Meal Expenses
Tax law is hardly clear and concise. We can read the law and often scratch our heads wondering "what in the world did that just say?". ...


Does an IRS Installment Agreement Extend the Collections Statute of Limitations?
Collections Statute of Limitations is 10 years. Some actions taken by the IRS or you can extend that period. There are remedies that can m


LLC vs. S-Corp
We receive frequent requests for consulting on what option is best for a new business – LLC or S-Corp. Due to the volume of such queries...


Trust Fund Taxes - Payroll
CFO of Soup Man, Robert Bertrand, has been indicted on tax evasion charges in Brooklyn federal court on Tuesday, according to federal...


Fundraising Tips
Fundraising is very challenging: It’s a critical function that essentially never ends. Coming up with some innovative ideas can help add...
Offer In Compromise
Promising “pennies on the dollar” settlements for your IRS tax debt is not necessarily a true statement. In fact, the court put a stop...
Which Form to File During Tax Season?
When tax season is upon us, there are several items that we must address prior to filing our taxes. Today, I will cover one of those...
Alternative Minimum Tax (AMT)
The AMT is a parallel tax system that operates in the shadow of the regular tax. Before we can examine this tax system we must first...
Where's My Refund?
According to IRS, they are processing and refunding 90% of returns within 21 days. If you're wondering what the status of your refund...


Idaho Fires - Casualty Loss Deduction
As many of you prepare for this tax season, there may be questions that arise from losing personal property in the fires that affected...