Know Your Rights With IRS
Wednesday, August 25
When the IRS is breathing down your neck, it may feel like you have no choice but to just roll over and take whatever they dish out. But here’s the thing… You have an extensive set of rights, guaranteed by law, when dealing with the IRS. Yep, you sure do! They’re pretty extensive rights, too. Of ...
Primer On Business Tax Deductions
Wednesday, August 25
One thing you can expect from me come rain or shine is to keep you in the loop on changes to all things tax related. This week is no exception. There are some important changes to small business tax deductions rolling out, and not all deductions apply to all businesses. But first, let’s briefly t...
1031-Exchange, Twisting In The Wind
Wednesday, August 25
You might have heard about the Section 1031 provision of the tax code if you invest in real estate on any level. But you may not have heard that your chance to use this tax break could be disappearing... Janet Behm's "Real World" Personal Strategy Note A Valuable Tax Deferment May Be Changing "Mo...
We're Surrounded By The News
Tuesday, August 17
Over the weekend, we were "treated" to heartbreaking images. No matter how you feel about our involvement as a nation in Afghanistan, the human toll of that involvement -- and now our seemingly hurried departure -- can affect the hardest of hearts, if you let it. And this is part of the problem i...
Don't Think It Can Happen To You?
Tuesday, August 17
No matter your line of work, your computer might be one of your most glaring vulnerabilities ... and it's one that too many business owners don't fully address. Even if you work with your hands, and you're a sole practitioner (a contractor, a landscaper, a mechanic, etc.) ... the little computer ...
PSA (Public Service Announcement): Child Tax Credit
Monday, August 09
I have received some questioning looks from businesspeople over last week’s PSA about the “Advance Child Tax Credit.” Take the money now or wait until tax time to claim the credit? Many adults are familiar with Aesop’s Fables. I am thinking of The Ant and the Grasshopper. Check it out here: Aeso...