Nearly everyone that makes money in America has to pay their taxes. In additional to Federal income tax, depending on your locale, you may have to pay income tax in your state or city. The compliance with these levies is required by law, and failure to comply can result in penalties, interest, fines, or even criminal charges. As a CPA firm, one of our most common engagements is helping our clients stay in compliance with their taxes.

IRS Tax Forms for Filing Taxes

From IRS code and form changes, or revenue departments announcing changes, we’re all impacted by government revenue requirements. Ben Franklin reminded us that “the only guarantees in life are death and taxes” and while we can’t prevent either, we can help you minimize your taxes while you are alive (and with proper estate planning, when you are dead as well).

As a CPA firm, we are very familiar with helping our clients remain in compliance, but we also provide numerous resources for free on our website, social media, and mailing list. These resources include our extreme popular Tax Form Howto Series, both on our website and on Youtube. If you like these free resources, please give them a thumbs up and subscribe to our channel.

Keeping good records, following the events in national and state governments, and keeping in contact with your financial advisors can help you minimize your tax obligations. By arranging your affairs properly, you may minimize the impact of these financial obligations, and we help our clients manage their financial affairs to maximize their personal and family wealth.

Employees VS Contractors | Labor Day

By |2021-09-06T12:23:58-04:00September 6th, 2021|Categories: Quickies with Bette|Tags: , , , , , , , |

It’s #BusinessQuickie, and I want to come on here and tailor this go-live to our small business owners who want to know the difference between contractors (1099) and employees (W-2) so that you can find which employee fits best with your business. I figured this would be a great topic since labor day is coming up on Monday! Let’s get started.

Unpopular Opinion – Tax Refunds

By |2021-09-02T14:24:06-04:00September 2nd, 2021|Categories: Quickies with Bette|Tags: , , , , , |

Hi, Bette Hochberger or CPA, CGMA. And on today's Business Quickie, I'm going to tell you about an unpopular opinion that I have. So I know a lot of people really love getting tax refunds. There are all kinds of ads that say, "how to spend your refund, refund, refund, refund." People can't wait to get that refund check, but here's the big butt, why do I not like it? It's your money. You're not getting free money from the government. You're getting your own money back to you. So my unpopular opinion is don't create these huge tax refunds and don't think your CPA is amazing just because they get you a big tax refund.

The Olympics Are Taxing

By |2021-08-02T18:03:22-04:00August 2nd, 2021|Categories: Quickies with Bette|Tags: , , |

Hi, I'm Bette Hochberger, CPA, CGMA. And today, we're going to talk about the Olympics because they're going on right now, and even though there's a bit of controversy around the games and some of the athletes, I like to bring it back to my favorite topic: taxes. Specifically, taxes that Olympians must pay on their winnings and complexities within that tax.

Back-to-School Sales Tax Holiday Video

By |2021-07-27T20:28:02-04:00July 27th, 2021|Categories: #TaxTipTuesday|Tags: , , , , |

Hi, I'm Bette Hochberger, CPA, CGMA, and on today's Tax Tip Tuesday, we're going to talk about the upcoming back-to-school sales tax holiday. This is a very cool thing we do in Florida. It's been going on for; I don't even know how long. It's been going on for years, but basically, what's going to happen is there are many things that you can buy that are going to be sales tax exempt for going back to school.

Freedom Week – New Tax-Free Holiday

By |2021-06-29T15:49:18-04:00June 29th, 2021|Categories: #TaxTipTuesday|Tags: , , , , |

We’ve seen Florida's tax-free weekend for back-to-school and the disaster-preparedness sales tax holiday, but now Gov. Ron DeSantis has signed a bill that begins a new tax-free holiday called “freedom week.”

Foreign Tax Issues for US Citizens Video

By |2021-06-11T14:15:00-04:00June 11th, 2021|Categories: #FinanceFriday|Tags: , , , , , , , , |

Today on Finance Friday, we discuss foreign tax issues for US citizens with Andre Benayoun JD, BBA. Andre is one of the most brilliant people I know; he is a partner at Marcum Accountants & Advisors and a family friend.

Biden’s $1.8 Trillion Plan & The IRS

By |2021-05-03T22:02:54-04:00April 30th, 2021|Categories: Other Perspectives|Tags: , , , |

President Biden has proposed a new  $1.8 trillion American Families Plan due to the devastating effect that the Covid-19 pandemic has had on American families. To most, this seems to be an excellent thing.

From Engineering to Accounting

By |2021-04-08T17:20:57-04:00April 8th, 2021|Categories: Quickies with Bette|Tags: , , , |

Going from Engineering to Accounting may not seem like the logical next step, but it's what worked for me, and it has benefited me far beyond what I thought it would. For today's business quickie: I'll be talking about my unusual background as a certified public accountant (CPA).

Why Are People Moving to Florida?

By |2021-05-03T22:02:35-04:00April 1st, 2021|Categories: Other Perspectives|Tags: , , , , , , , , |

Why are people moving to Florida? Spoiler Alert: It's not just the weather. With nearly 1,000 people moving to Florida every day, it seems like everyone on Twitter has an opinion about it.

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