Our Blog

Unfiled Tax Returns?

Urgent Tax News: The IRS is preparing to get Non-filers! The IRS is hiring thousands of Agents! Unfiled tax returns? Need a payment plan? Need to resolve that scary IRS Letter? Now is your time to get ahead. Contact Michael! Get Michael on your side today!
Read More

ARE YOU CONSIDERING CLOSING YOUR BUSINESS FOR GOOD?

What business owners need to do when closing their doors for good There are a few things business owners need to do before they close their business. Of course, they need to fulfill their federal tax responsibilities. It’s also important to notify the IRS of their plans. Business owners must take these steps when closing…
Read More

College students should study up on these two tax credits

Anyone pursuing higher education, including specialized job training and grad school, knows it can be pricey. Eligible taxpayers who paid higher education costs for themselves, their spouses, or dependents in 2021 may be able to take advantage of two education tax credits. The American opportunity tax credit and the lifetime learning credit can help offset…
Read More

Own a Vacation Rental?

People who own vacation homes will not have to report any of their income as long as they rent it out for less than 15 days yearly. It is tax-free! You may also claim qualified mortgage interest, property taxes, and casualty losses by claiming deductions on a Schedule A. Once renting a vacation home goes…
Read More

Will you owe taxes on your investments?

There is a common misconception when it comes to investing. Some beginners think you only get taxed when you withdraw the money from your Investment account (for example, your Robinhood account) to your bank. This is a terrible mistake that can come back to bite you. Every time you sell a stock, ETF, or cryptocurrency,…
Read More

Business Tax Extension?

Do you own a small S-Corporation or a Partnership? The business tax filing DEADLINE is March 15th. However, if you need help and it is too late for you to file your business tax return on time, I can quickly file an extension for you today and get you plenty of time to get your…
Read More