TCJA set to expire US Tax Outlook IRS Layoffs

Taxpayers are gearing up for another tax season bogged down by slow processing times and unresponsiveness. The new IRS normal.   To make...

The massive devastation caused by recent Wildfires has many thinking and preparing for the worst-case scenario. Especially for those of...

A common misconception is that you must be a realtor to file as a real estate professional on your tax return. That’s not true. As long...

Officer Wages From the IRS: S corporations must pay reasonable compensation to a shareholder-employee in return for services that the...

Tax Changes and Planning for Them It’s that time of the year where businesses & individuals circle the wagons to begin planning for...

A federal court has challenged the BOI filing requirement contesting that it may be unconstitutional. The government will likely appeal...

Americans are packing up their travel trailers, campers, and other recreational vehicles to trade a life in normal society for a life of...

In short, SECURE 2.0 is a legislative attempt to increase retirement savings, particularly for low- and middle-income workers. It is also...

The worst feeling is knowing that you’ve just had a big year and done nothing to plan for it. Tax planning is a critical part of the...

There’s a practice in the Accounting Industry that many firms wish would stay a secret. No, not outsourcing to a local firm up the street...

Underpayment of Tax Penalty Many people filing their upcoming Tax Return will encounter a penalty for underpayment of taxes. This is a...

Understanding deductible business expenses can be a challenge for new business owners. Either they’re too careful, or they run their...

Realtors and other Professionals who operate their own businesses should take a second look at their entity type. The S Corporation is a...

With fossil fuels in the cross hairs, Federal Tax Credits have become available to incentivize renewable energy investment- specifically...

Colorado Enterprise Zones  have been around since 1986, and numerous modifications have taken place over the years. Basically, business...

Folks are taking control of their lives by becoming business owners, and stewards of their financial freedom! With that they are...

The digital age has brought about a new way of doing business. Instead of showing up to a boring desk job, Remote Workers & Expatriates...