If you own a small business, or you are a self-employed individual, your business is among your top priorities in life. Not only is it your main source of income, but it is also a source of pride. That being said, businesses come with a wide array of complex financial implications, including how they may […]
Although these are unpredictable times, taxpayers’ obligations remain a constant. The COVID-19 pandemic has hit Maryland’s economy hard, and the state’s legislators continue to negotiate ways to reconcile the increased strain on the state’s budget. Recent updates to Maryland’s tax landscape could carry implications for the state’s taxpayers. This article will pin point what Maryland […]
Death and taxes. While this may bring feelings of doom, the truth is that filing taxes to report your income is a normal process done by most Americans annually. Modern technology has also helped make filing more convenient than ever while minimizing many of the errors commonly made. If it has been a long time […]
The tax deadline has come and passed. While many Americans are receiving refunds or managing payment schedules, some individuals are stressing about the fact that they simply didn’t file or pay their previous bill. Unfortunately, there is a wide range of inaccuracy surrounding tax evasion. You may have heard that staying “off the grid” is […]
Our country has seen big changes in recent years, including the direction of our presidency. Regardless of your political affiliations, the 2018 tax year has undergone several updates that Congress has approved. We all have to pay taxes, and as an American citizen, it falls on you to keep up to date on annual changes […]
As the tax deadline looms on the horizon, many Americans are shaking off their procrastination and seeking out their favorite tax preparation software to get everything done and filed before April 17th. It’s important to file your form as accurately as possible, and in order to do that, you need to be up-to-date on any […]
Benjamin Franklin’s idiom about death and taxes still holds completely true to this day, and most American citizens are focusing on filing their tax returns to stay current with the IRS. It’s important to be in good standing with the U.S. Government, as failing to file your taxes correctly can create the potential for fees, […]
Tax season is here, and private citizens and business owners alike have until April 17th this year to file. While nobody ever seems to enjoy filing taxes, it’s important to remember that this is an important and essential part of our society. The IRS relies on complex tax laws which feature more than 4,000,000 words […]
For a lucky and select few, it normally begins with the ominous letter in the mail. The envelope will be marked “Department of the Treasury” and “Internal Revenue Service.” Generally, a letter from the Internal Revenue Service (“IRS|) causes a pit to immediately form in most people’s stomach. Why? A letter from the IRS is […]
