"Information is the resolution of uncertainty."

Claude Shannon
May 24, 2021
IRS Defines Real Property for Section 1031 Like-Kind Exchanges

Do you own business or investment property that has gone up in value? Would you like to acquire new property?

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May 21, 2021
Disaster Strikes: Next Trouble, an IRS Audit

Disasters such as storms, fires, floods, freezes, and hurricanes can damage or destroy vital business records.

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May 15, 2021
4 Ways to Stop Your Overspending

If opening your credit card bills, your checkbook, or your wallet are traumatic events, you may have a problem with overspending.

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May 13, 2021
Unpaid Debt Taking Your Tax Refund?

We all look forward to receiving our tax refunds, but what if you were expecting a refund and it never arrived?

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May 11, 2021
Owe Taxes and Can’t Pay by the Due Date?

The vast majority of Americans get a tax refund from the IRS each spring, but what if you are one of those who end ends up owing?

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May 8, 2021
Self-Employed During the Pandemic? Washington Did Not Forget You

In our files, we show that you have a self-employed business that you file on Schedule C of your Form 1040.

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May 6, 2021
Deduct 100 Percent of Your Business Meals under New Rules

Since 1986, lawmakers have limited business meal deductions: first to 80 percent, and then to 50 percent (unless an exception applies).

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May 3, 2021
The Tax-Filing Deadline Is Around the Corner

As a reminder to those who have not yet filed their 2020 tax returns, May 17, is the due date to either file a return (and pay the taxes owed) or file for an automatic extension (and pay an estimate of the taxes owed). Normally April 15 is the due date, but this year the IRS extended it until May 17.

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April 27, 2021
Starting a New Business? Get Up to $100,000 in Tax-Free Money

You likely already know that the employee retention credit (ERC) is a good deal—if you qualify.

Now, thanks to the recently enacted American Rescue Plan Act of 2021 (ARPA), you can qualify for up to $100,000 of ERC in the third and fourth quarters of 2021 if you

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