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Financial Record-Keeping: A Simple Guide For Households

The period in which our founders wrote the Declaration of Independence seems like such a different world than does today — and not simply because of the vastly different technological and lifestyle landscape (though that’s certainly significant).  As a tax professional, I have a certain fondness for Independence Day — ...

How Pulling Money From Your Retirement Can Make Or Break You

Generally speaking, when considering taking a retirement distribution from a 401(k) plan, IRA, Roth IRA, 403(b) or other qualified retirement plans before you are 59 ½ will cause you to be hit with a hefty 10% penalty on the distribution. There may be less expensive ways to take care of ...

Tax Fraud And Small Business Audits

Lately, dozens of celebrities and other wealthy socialites are being charged with crimes such as money laundering, mail fraud, and conspiracy in their part of the college scam you have been hearing about in the news.  I can just picture in the background, a dozen IRS auditors “chomping at the ...

Solutions To Payroll Tax Problems

Unpaid Payroll Taxes   The IRS views unpaid payroll taxes as an emergency situation requiring their immediate, undivided attention.  Unpaid payroll taxes and trust fund penalties can add up quickly and cause serious harm to your business and your personal livelihood. This probably isn’t what you wanted to hear when Googling ...
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What Is A Tax Lien?

It's almost tax season. Most people dread paying taxes and the confusion and mystery that looms behind the IRS. You may have been one of the lucky ones this year to have received a tax lien in the mail. If you're like most people, you may not even know what ...

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