Many people are wondering what is included in the 500-page tax reform signed by President Trump in December, 2017. Most of the new tax changes won't go into effect until January, 2018. However, there are a few changes that will effect during the 2017 tax returns being filed now.
What happens when business partners harm each other?
Business partners, unfortunately, do not always know each other well before plunging into what sounds like a good partnership deal. But when the deal goes sour, someone often gets hurt, and it may be the business itself. So what happens if a business partner sabotages your business?
When to hire a tax attorney
It may not be April yet, but tax season is just around the corner. Many people try not to think about taxes until the last minute before the filing deadline, but this year is unique. Because of the nationwide tax code overhaul passed by the Trump administration, taxpayers have been thinking about their taxes earlier than ever.
Are you reporting your side job?
Side jobs are a part of life these days. Some people use them to explore their interests and passions, while others use them primarily for the social aspect. And some use them purely for financial reasons, either to help make ends meet or for extra spending money.
You're being audited by the IRS -- what should you do?
The first notice that you are being audited usually comes in the way of a letter from the Internal Revenue Services (IRS). So now that you realize you have been selected, what should you do?
Income tax time can bring anxiety to business owners
It's getting close to that time again: tax time. This often brings anxiety to those who believe they are going to owe extensive tax amounts at the end of the year. It is also stressful for business owners or corporations that still owe tax deficits to the Internal Revenue Services (IRS) from a previous year, or are in fear of being audited.
