How to Open a Roth IRA for My Child? Here's How! investing tax tips taxes

Want to Open a ROTH IRA for Your Kids?

Opening a Roth IRA for them might just be the unfair advantage you need! In this blog post, I'll walk you through the savvy process of setting up a Roth IRA for your child.

YES, it's possible, and YES, I'll tell you exactly how to get it done!

But...

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How to File Your 1099s in 2023 The Easy Way 1099-k irs

Business owners know tax season can be a bit of a drag. But I've got something that will make it a whole lot better! I'm excited to introduce you track1099.com in today’s blog—a real lifesaver for filing your 1099 tax forms.

So What is Track1099?

Track1099 is a...

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Top 5 Tax Filing Mistakes You Must Avoid: Expert Tips for 2023 individuals irs tax tips taxes

Today, I have a good story for you. It’s about a young professional named, Karen, who thought she had taxes all figured out  until tax season rolled around. Her mistakes were a bit costly, but they're also incredibly common.

Karen was doing well, living her best life. She had just...

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The Truth About IRS Tax Debt Forgiveness (Former IRS Agent Reveals All) irs offer in compromise tax resolution

In today's blog post, I've got something special for you -- a YouTube video where I'm sitting down with Michael Sullivan, who's not just any tax expert. He's a former IRS Agent and a familiar face on News Maxx, Fox News, and ABC, just to name a few.

We're diving deep into the IRS Offer in...

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The Timepiece Gentleman: Origins of a Ponzi Scheme anthony farrer luxury watches the timepiece gentleman

Anthony Farrer of the Timepiece Gentleman, the disgraced grey market luxury watch dealer. As you may know, he was arrested by the FBI for wire fraud, for stealing at least 3 million dollars of luxury watches.

I’m going to break down what I think happened and how Anthony Farrer found...

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Small Businesses: Avoid Penalties with the New Corporate Transparency Act boi reporting corporate transparency act

Today, we're talking about the New Corporate Transparency Act, which affects most small business owners. It's also referred to as, BOI Reporting, which stands for Beneficial Ownership Information.

The stakes are very high with compliance as overlooking these regulations can lead to a significant...

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Breaking news: IRS Delays $600 Tax Rule for Individuals and Online Sellers! 1099-k irs side hustle taxes small business taxes

Breaking news! The IRS just announced they're delaying and revising the 1099K reporting changes that were supposed to go into effect starting this year 2023.

As you probably know, payment settlement entities were planning on issuing 1099K tax forms to individuals and online sellers who...

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The New 1099K Rules for 2023 Tax Season: What You Need to Know 1099-k irs

Today, I’m summarizing what you absolutely must know about the new $600 form 1099-K rules. Now if you’re thinking… wait a minute… the IRS delayed this last year, I’ve heard Congress is working on increasing the limit to say $5,000 or even higher. 

Well,...

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Anthony Farrer of The Timepiece Gentleman's Arrest: Insights and Reflections anthony farrer the timepiece gentleman

Breaking News:  Anthony Farrer of the Timepiece Gentleman has been arrested by the FBI and is currently held without bail. IRS Criminal Investigations and Beverly Hills Police Department are also involved.

Here's a video where I share my thoughts and insights on how we got here with...

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Why It's Time to Reconsider Your Employee Retention Credit Claim Immediately! employee retention credit

If you're a small business owner who's been caught up in the Employee Retention Credit, or ERC, debacle, today's video is a must-watch for you. The IRS has just announced a new process that allows you to withdraw incorrect ERC claims. This is a potential life line. Let's dive right in!

What's...

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Is Your State Offering Free IRS Tax Filing? Find Out If You're Among the Lucky 13! individuals irs taxes

Today, we've got some exciting news that could make tax season a little less stressful for many Americans. The IRS is planning to test a free online tax system in 13 states this upcoming tax season. It’s called the Direct File program. Let's dive into the details!

What is the Direct File...

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Top 3 Tax Questions Every Small Business Owner Needs to Know! business tips small business

Hey there, small business owner! Do you dread tax season as much as I do? Even as a CPA, I've faced tax situations that made my head hurt. 

Today I'm revealing the Top 3 Tax Questions every small business owner absolutely needs to know

Just for reading my blog post, I have a...

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