Don’t Overlook Tax Deductions!

Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing plans, and handling the bookkeeping can be stressful! Luckily, the Internal Revenue Service (I.R.S.) allows small-business owners to take some surprising deductions, which may help come tax time. Read on to learn more. Remember, the information in this material is...

You Gonna Get an IRS Audit?

Of the 330 million people in the US, how many got audited last year? Was it 10 million? Was it 20 million? Was the number 50 million? No! The IRS audited nearly 934,000 tax returns last year, according to a new report from the Tax Policy Center. Taking into account audited corporate returns, which brings...

Time For a Roth IRA?

You can sum up the appeal of a Roth IRA in three words: federal tax benefit. Potential earnings in a Roth IRA grow tax free as long as the owner abides by the Internal Revenue Service (I.R.S.) rules, and withdrawals are federally tax free once you reach age 59½ and have held the Roth IRA for...

Scroll to top