LLC stands for Limited Liability Corporation. Yup. I said that. To a new client. Luckily it was a friend who appreciated my sense of humor and wasn't offended. But this advice - not necessarily with the same delivery - is advice that I find myself giving out frequently. There are usually two reasons:
The corporate tax filing deadline is usually March 15. This year March 15 is a Sunday so the deadline is pushed off until Monday, March 16, 2015.
The Affordable Care Act has some provisions that affect your 2014 tax return. For many, it means simply checking a box on their return to report health care coverage for themselves and their dependents for 2014. Some might report being eligible for an exemption. Others will need to calculate a shared responsibility payment.
This exercise isn’t a tallying of your financial sins. It’s an objective look at your cash flow. As you look at this information, think about whether your spending is in line with the life or business you want. Then you’ll be ready for the next step.
The IRS has released the top 12 worst tax scams for 2015. It looks like crooks’ favorite way to deceive taxpayers is by calling them and pretending to be the IRS. This is followed by “phishing” emails.
Failure to Plan is a plan to fail. What's the plan for your business? Do you have a business plan? Is it up to date?
This message is to remind you of two important upcoming tax deadlines.
In case you didn’t hear the news, Congress extended all of the tax breaks that ended in 2013… for just one more year. While this leaves the future hazy at least it gives us a little bit of time in 2014 to make some adjustments.
2014 is about to end and you might be thinking about how to lower your tax bill. Given the holiday season, you might also be thinking about how to do some good in the world. There’s still time to do both!
Thank you to the Sun Sentinel for highlighting the new board of advisors of the Fort Lauderdale Femfessionals.
Being a South Jersey native and growing up in Atlantic City, the Miss America Pageant was always an exciting thing. I even got to be in the Miss America Parade in high school with the marching band. But it wasn't until seeing this John Oliver piece that I really gave it much thought.
Many business owners might not be aware of this, but gifts that your business gives out to vendors, customers, or other business associates are only tax deductible up to $25 [...]
Hopefully, you have been doing the responsible thing and putting away a nice little nest egg in retirement plans such as pensions, profit-sharing plans, and individual retirement accounts (IRAs).
Usually, when you work with a payroll company, the last thing you expect is for them to not send your tax payments to the IRS. Unfortunately, in a recent court case, when a payroll company declared bankruptcy, that is exactly what happened.
It’s back to school time! As everyone is busy getting ready to head to class, I want to remind the teachers out there that they have a special educator expense deduction.
