Taxes are used for the overall well-being of society and economic growth. They help us afford services such as public safety, national defense, education, protect the environment, and distribute wealth by increasing the tax on luxury items and sin taxes…
March 05, 2021
As of 2020, World boxing superstar Manny Pacquiao has a net worth of $220 million – making him the highest-paid athlete from sports pay-per-views, live gates, merchandises, acting gigs, and sponsorships. With over 100 properties such as buildings, houses, and…
March 05, 2021
If you are a procrastinator, tax filing season is probably the worst time of year. With deadlines looming, filling out all those complicated forms and making sense of an increasingly complex tax code that changes almost every year can seem…
February 26, 2021
Truck drivers are on the road 24/7, traveling on weekends, on holidays, through bad weather, and sometimes even on their birthdays. With all the hard work poured into deliveries and pick-ups, truck drivers should know what expenses qualify as tax…
February 19, 2021
Tax returns can often be filed with incomplete or incorrect information, leading you to more tax trouble than you bargained for. If you filed early, you might have overlooked income from a temporary job or a side gig, only to…
February 15, 2021
Taxes are one of those topics people hate to talk about or even think about, especially if they end up owing money in back taxes every year. That’s why many taxpayers wait until the very last moment to prepare for…
January 29, 2021
7 Tips to Reduce Your Chances of Falling Victim to Tax Identity Theft Tax identity theft occurs when identity thieves obtain your Social Security number and file a fraudulent tax return on your behalf. According to the Federal Trade Commission,…
January 15, 2021
As we wrap up the year the last thing most people are thinking about is their taxes. But planning ahead can have a serious impact on your tax bill next year, especially if you know you’ll owe taxes. In this…
December 31, 2020
If you owe back taxes you might think you need a tax attorney, but that’s not necessarily always the case. Just like hiring a traditional accountant to try to resolve your tax debt might not be the best choice, hiring…
December 18, 2020
When you owe creditors money that you can’t afford to repay, sometimes you may be able to get the debt forgiven or otherwise canceled. When this happens, you no longer owe your creditors the money that you used to owe…
December 09, 2020
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