RSS Feed Take a look at our recent blog posts and client newsletter articles. en-us Tue, 01 Jun 2021 09:00:00 -0500 Tue, 01 Jun 2021 09:00:00 -0500 What are Estimated Tax Payments? Estimated tax is the tax paid on income not subject to withholding, such as income from self-employment, interest and dividends, rent, prizes and awards, and gains from the sale of assets. Tue, 01 Jun 2021 09:00:00 -0500 Tips to Help You Figure Out if Your Gift is Taxable If you've given money or property to someone as a gift, you may owe federal gift tax. There are, however, exceptions. Tue, 01 Jun 2021 09:00:00 -0500 Tax Considerations When Selling Your Small Business If you've decided to sell your business, you may be looking forward to lazy days ahead with plenty of cash on hand. The reality, however, is that without a tax planning strategy in place, you could be liable for capital gains and other taxes - leaving you with far less cash than you anticipated. Tue, 01 Jun 2021 09:00:00 -0500 Expat Compliance With US Tax Filing Obligations If you're an expat who has relinquished - or intends to relinquish - your US citizenship but still has US tax filing obligations (including owing back taxes), you'll be relieved to know there are IRS procedures in place that allow you to come into compliance and receive relief for any back taxes owed. Tue, 01 Jun 2021 09:00:00 -0500 Changing Jobs? Don't Forget About Your 401(k) One of the most important questions you face when changing jobs is what to do with the money in your 401(k) account. Making the wrong move could cost you thousands of dollars or more in taxes and lower returns. Tue, 01 Jun 2021 09:00:00 -0500 Tax Withholding for Seasonal and Part-Time Employees Part-time and seasonal employees are subject to the same tax withholding rules that apply to other employees. Sat, 01 May 2021 09:00:00 -0500 Tax Return Tips for Last-Minute Filers If you've been procrastinating about filing your tax return this year, here are some tips that might help. Sat, 01 May 2021 09:00:00 -0500 Saving for Education: Understanding 529 Plans Section 529 plans are an excellent way to save for your child's education and can be used for pre-college and vocational education expenses as well as college. Sat, 01 May 2021 09:00:00 -0500 Deducting Business-Related Car Expenses If you're self-employed and use your car for business, you can deduct certain business-related car expenses. Sat, 01 May 2021 09:00:00 -0500 Avoiding Tax Surprises When Retiring Overseas Are you approaching retirement age and wondering where you can retire to make your retirement nest egg last longer? Retiring abroad may be the answer. But first, it's important to look at the tax implications because not all retirement destinations are created equal. Sat, 01 May 2021 09:00:00 -0500 Does the IRS Owe You Money....Again? IRS estimates $1.1 Billion in refunds from 2007 may be lost this April Tue, 01 Mar 2011 09:00:00 -0600 Top Ten Signs You May Be Paying Too Much Taxes A top ten list in David Letterman tradition Fri, 07 Jan 2011 09:00:00 -0600 A Quick Few Tax Points To Contemplate Over The Holidays Fri, 24 Dec 2010 09:00:00 -0600 The Importance of Good Bookkeeping For Your Businenss A brief discussion on the importance of good books and records for your business. Thu, 16 Dec 2010 09:00:00 -0600 Year End Tax Legislation.....Or Not! Recent information about the Presidential Tax Agreement Fri, 10 Dec 2010 09:00:00 -0600 Our Lawmakers Show Their Wisdom....Once Again! Update on new 1099 Reporting Regulations Tue, 30 Nov 2010 09:00:00 -0600 Using Retirement Assets to Start A Business Brief Overview of Rollovers As Business Startups Fri, 26 Nov 2010 09:00:00 -0600 Does the IRS Owe You Money? A brief post about the amount of refund dollars outstanding for 2009 tax returns. Tue, 23 Nov 2010 09:00:00 -0600 Overview of 2010 and 2011 Tax Law Changes A brief description of many of the 2010 and 2011 tax law changes. Wed, 17 Nov 2010 09:00:00 -0600 Do You Really Want To Form A Business Entity? A brief discussions of the advantages of NOT operating your business under a business entity. Fri, 08 Oct 2010 09:00:00 -0500 Can I Claim These Home Repairs On My Tax Return? A brief discussion on a home repair that you can deduct on your tax return. Thu, 30 Sep 2010 09:00:00 -0500 Summary of Small Business Jobs Act Highlights of the recently passed Senate bill Small Business Jobs Act Thu, 23 Sep 2010 09:00:00 -0500 Opportunity To Get Ahead of Your Broker! A brief explanation of the watchouts coming in 2011 at your Broker. Fri, 17 Sep 2010 09:00:00 -0500 Tax Records Includes More Than Just Receipts! A brief overview of tax records you need to keep other than your receipts. Thu, 09 Sep 2010 09:00:00 -0500 What is Your Non-Profit Status? Many Non-Profits are about to loose their exempt status due to not meeting their IRS filing requirements. Fri, 03 Sep 2010 09:00:00 -0500 The IRS Is Upgrading the Tax Profession..Or Are They? Details About the Coming Licensing of All Tax Preparers Thu, 26 Aug 2010 09:00:00 -0500 Small Business Bookkeeping Becomes More Complex In 2012 Small Business Bookkeeping Becomes More Complex in 2012 Thu, 19 Aug 2010 09:00:00 -0500 Do You Need Tax Planning? Thu, 27 May 2010 09:00:00 -0500 Who is your tax advisor? Discussion of tax advice and where NOT to obtain it. Thu, 20 May 2010 09:00:00 -0500 Tax Representation or Taxpayer Advocate Service Differences between an Enrolled Agent and Taxpayer Advocate Thu, 06 May 2010 09:00:00 -0500 Patient Protection and Affordable Care Act Quick overview of Patient Protection and Affordable Care Act Wed, 21 Apr 2010 09:00:00 -0500 Blog Introduction Introduction of Sean Monohan's Blog Wed, 21 Apr 2010 09:00:00 -0500