Liquidation Explained
Why is it some businesses seem to simply “go out of business” and some have a liquidation? Find out what liquidation really means.
Entries by Becky Bertuzzi
Starting a Business? 3 Things You Need To Know About Taxes
Avoid IRS hassles by starting off on the right foot.
What Are The Chances of Being Audited?
The IRS can’t audit everybody but just how many taxpayers are being audited? Find out the percentage by income.
Divorced or Unmarried Parent? Your Need-To-Know For Claiming Your Child
When it comes divorce or being an unmarried parent, who gets to claim your dependents can be a bit tricky. Here’s what you need to know.
The Earned Income Tax Credit Explained
Ever wonder about what the Earned Income Tax Credit is? You just might qualify!
What Happens When You Don’t File by April 15th
Putting off your taxes until it’s too late can be damaging.
The Tax Deductions From Homeownership
If you bought a house or owned in house in 2013, there may be more deductions than you knew about.
Taxes and Getting Married: 3 Things You Need To Do
Sure getting married means you’ll more than likely change your filing status, but there are also some other administrative things that need to happen as well.
Your Responsibility Regarding 1099s
Not sending out 1099s can be costly. Here’s what business owners are responsible for.
The Difference Between Capital Expenditures & Expenses
The distinction between capital expenditures and expenses may seem obvious. But the IRS may see it differently. There are capital expenditures and there are expenses. And most of the time, the line between them seems pretty clear to business owners come tax season. But there can be some gray areas. If you bought new equipment […]