It’s tempting to charge a flat fee for tax preparation, but even with the obvious advantages, it’s a big mistake in the long run. Here’s why.
Tax Practitioners: Don’t Write “Comfort Letters” To Lenders
Lenders will push your clients to get you to write all sorts of letters to them.
Don’t write a single one – you could be liable for the loan if …
Growing a Tax Practice – Never EVER Give Free Tax Advice to Non Clients
Do you need clients? Well you don’t need them this bad. Here is why you should never give free advice to non clients and how to manage the ones that …
Timing considerations for the s corporation election
Is the timing right to make an s corporation election for your business? This might depend on a few things. With s corp elections, timing is everything. Check it out.…
Do You Really Need to Report Every Single Trade on Your Tax Return?
If you trade stocks or options, you might think that your tax preparation will be complex or expensive. But taxes for active traders is easy. Check it out.
Disclaimer: The …
Beginners Introduction to Estimated Tax Planning
Taxes are “pay as you go” and not “pay at the end of the year”. Here is a super easy read to understanding estimated tax planning for your small business.…
Estimated Tax Planning for S Corporation Owners
S corporation owners have an advantage when it comes to paying estimated taxes. In most cases, shareholder/employees can withhold enough from each paycheck and not have to worry about quarterly …
My tax preparation practice led to independent investment advisor success
I started out as a starving investment advisor. No big deal, right? We all start out like that.
I’m not going to lie.
It sucked.
I would talk to everyone …
Someone Filed a Tax Return With My Social
First of all, don’t panic! Having someone file a tax return with your name and social security number has become more common lately, and the IRS is hip to it.…
Many US Expats WILL See a Benefit with the New Tax Bill
I recently read a popular article on NBC News for which the headline read “American expats are left high and dry by Trump’s tax reform”.
While some of the article …
