Posts by M
Health Savings Accounts
HSA – Health Savings Accounts It isn’t easy to make predictions, especially about the future. But there is one prediction we’re confident in making: you will have substantial out-of-pocket expenses for health care after you retire. Personal finance experts estimate that an average retired couple age 65 will need at least $300,000 to cover health…
Read MoreApril Tax Resolution Newsletter
YOUR IRS Questions Answered Here… Question: I’ve been getting notices from the IRS saying I owe them for back taxes. This is stressing me out and starting to affect other areas of my life. What should I do? Answer: Owing money to the IRS or State can be intimidating and throw your life out of whack but…
Read MoreCryptocurrency FAQ
Internal Revenue Service For purposes of the FAQs in this notice, the taxpayer’s functional currency is assumed to be the U.S. dollar, the taxpayer is assumed to use the cash receipts and disbursements method of accounting and the taxpayer is assumed not to be under common control with any other party to a transaction. SECTION…
Read MoreTax Season Is Here
The IRS is spitting out tax notices more than ever before. The IRS is understaffed and overwhelmend. These tax notices are sent out electronically and are not touched by a human being. Our TAX RESOLUTION SERVICES are top knotch and can help you regain your PEACE OF MIND and assit you with your IRS problems. …
Read MoreForensic Accounting Warnings For Businesses Part 1
Forensic accounting, also called financial forensics or forensic auditing, is an area of accounting that investigates actual or anticipated disputes. Forensic accountants examine data to determine where missing money has gone and how to recover it. They are not simply accountants who appear as expert witnesses for law firms; but also investigators who spend time…
Read MoreSmall Accounting Business Tips Part 2
Our last blog post discussed a few of our top small business accounting tips including separating business and personal bank accounts, using accounting software, creating profit and loss statements, and regularly updating your financial records. Continuing on the subject, we wanted to provide a few more small business accounting tips that are especially relevant regarding…
Read MoreSmall Accounting Business Tips Part 1
Running a successful small business requires a significant amount of time, energy, and organization. There are various aspects of your business that demand your utmost attention to detail, one of which is your financials. Keeping track of your business expenses, payroll, profit and losses is essential to the success of your business. While large businesses…
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