No one enjoys paying Uncle Sam, but it’s possible you’re shelling out more in taxes than you should—to the tune of four Benjamin Franklins. An H&R Block study from 2014 found that one in five Americans who do their own taxes on average left $400 on the table by not claiming all the credits and […]

Read More →

Most people think of April 15 as the key deadline for taxes. Although that is the due date for filing your tax return, when it comes to minimizing taxes, the key date is December 31. To take advantage of most tax breaks—for retirement savings, charitable giving, and more—you need to act before year-end. If you […]

Read More →

Small business owners are the dedicated and hardworking individuals that make our economy strong and our country great. On the whole, many small business owners lack the resources or processes and procedures to ensure that they and their company remains fully compliant with all tax obligations. Unfortunately for owners of small businesses, the IRS is […]

Read More →

One’s failure to understand the obligations and duties one holds under the U.S. Tax Code can always result in significant additional penalties and interest on any unsatisfied tax debt. Aside from these serious penalties, a proposed provision contained within the pending 2015 highway & transit funding bill, aka the Surface Transportation Reauthorization and Reform Act […]

Read More →