Someone asked in one of my videos:
A popular luxury watch dealer has been paying his employees by way of paying for the rent for their beach front apartment, and other things like leasing a Corvette for the videographer to use. Is this legal? Can you comment on that from a tax point of view?
It...
As a tax professional for many years, my advice is to always file your tax returns. I know that seems obvious. But sometimes life happens and we find ourselves falling behind with lots of important stuff especially filing your taxes.
In this blog post, I’ll share a story about a friend of mine, ...
I want to clear up some confusion and misconceptions that go along with filing a tax extension. This information applies to individuals, sole proprietors, single member LLCs, and side hustle business owners.
The reality is, when someone hears that their tax professional insists on filing an exte...
A question that comes up quite frequently is, what should you do if you can’t pay your taxes or if you can’t pay your taxes on time? It’s a great question, it’s actually a common question, and whatever you do, don’t panic.
In this article, I’ll share some ideas on what to do along with minimizin...