Tax Advocacy – Two Success Stories

We have helped MANY people over the years get out of IRS Debt Permanently! Take a look at two of the most recent cases:   Here is a case that involved a large outstanding balance of $400,000. After many months of work and negotiations, the end result was life-changing for this client: Good people get into tough situations. If you … Read More

Filing Deadline for S Corporation and LLCs is March 15th!

When it comes to income tax returns, April 15  isn’t the only deadline taxpayers need to think about. The federal income tax filing deadline for calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or S corporations for tax purposes is March 15. While this has been the S corporation deadline for a long time, it’s only … Read More

Form 1099 – Information

To start with the basics, corporations, small businesses, and other employers in the United States rely on tax forms to record the income their employees earn throughout the year. The form 1099 is the Internal Revenue Service’s form used specifically for non-salaried employees such as freelancers, consultants, and other independent contractors to report any earnings that are not salaried income. … Read More

Trump Tax Plan

The Tax Cut and Job Act (Trump’s Tax Plan) was approved and officially signed into law. How will this affect your business? How will this affect your personal tax situation? Since this is the most substantial tax reform since 1986, we strongly recommend tax planning to ensure you are prepared for 2018.  The degree of change that impacts business tax … Read More

Small Business Year End Reminders

Small Business Year End Reminders As we say farewell to 2017, we hope you’ve had a good year and look forward to a successful 2018. Take note of some important year-end information below: Tax Deadlines December 31 – For Cash Basis taxpayers Year End bonuses to corporate owners must be paid to be deductible; simply accruing them is not acceptable. … Read More