June 11, 2018
Selling your home is often a triumph – but it can also be a stressful and complicated process. Don’t forget to consider the tax implications for your real estate transactions.
If you sell your home, you may be able to exclude from your...
June 7, 2018
If you realized you made a mistake on your submitted tax return, never fear. The IRS will let you amend your tax return to correct any errors. Common mistakes may include forgotten deductions or credits, incorrect filing status, or missed income...
June 4, 2018
Obtaining your EIN Number for an LLC can be done fairly easily online. Now that EIN (Tax ID) obtainment is available via the web, businesses no longer need to apply the “old way” via fax or by mail. Simply follow these step-by-step instructions...
May 29, 2018
The Federal income tax is based on a “pay-as-you-go” system. There are 2 ways to pay as you go: withholding tax or estimated tax. This article discusses withholding tax (also...
May 24, 2018
Let's face it, dealing with the death of a loved one is never enjoyable; but with a little understanding of what you're going to need in advance, you can soften the hardships involved with settling your Estate of Deceased. The first thing you're...
May 21, 2018
An Employer Identification Number (EIN) is a 9-digit number issued by the IRS for the purposes of identifying a particular business’ tax account. The EIN format is XX-XXXXXXX..
EINs are used by employers, sole proprietors, corporations,...