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Business Services

How to Set Up Your Limited Liability Company

Tweet A pass-through taxation benefit is one of the chief appeals for setting up an LLC as is its ease in forming a partnership and managing the company. LLC Formation

Tax Tips

How to Report Restaurant Tax Tips

Tweet One in an occasional series of articles about your taxes. The IRS requires restaurant workers to claim all tip income received. This includes tips you received from charge customers

Tax Tips

7 Hot Tax Tips

Tweet One in an occasional series of articles about your taxes. A pattern of mistakes could also trigger an IRS audit, creating inconvenience and upset for taxpayers. 1. Know your

Money Management

How Long Should I Keep My Financial Records?

Tweet Practicality is far different from reality, however. Legal documents, for one, are always of the hard copy variety and many of our taxes, bank statements and real estate matters

Tax Tips

Why Year-End Giving Should Be Maximized

Tweet Reduce your tax burden by taking action now. Certainly, if you’ve been faithfully donating to your church, to a civic group or other organization, you’re likely to continue to

Tax Tips

6 Ways Kids Help Reduce Your Taxes

Tweet Putting a financial figure on children doesn’t seem right, but many people do just that. In an effort to show you that children are a manifold blessing from God,

Money Management

How to Reduce Your Closing Costs

Tweet Save thousands by being creative with your closing costs. There are ways for you to reduce your closing costs or at least spread these costs out to reduce your

Tax Tips

Tips for Maximizing Your Schedule A Tax Deductions

Every American has an obligation to pay his or her share of income taxes, but there is no need to overpay!

Tax Tips

Tax Deadlines: Don’t Ever Miss Them!

It’s tax season! Yes, we’re in that time of year when companies are scrambling to issue 1099, W-2 and other tax forms and taxpayers are deciding whether to buy a tax software program or find a professional to handle the job for them.

Tax Tips

Home Office Income Tax Deductions

If you have a home office, the IRS allows you to take deductions whether you’re self-employed or an employee. You must use that office exclusively and regularly for business needs and not for other purposes such as a den or bedroom, although certain businesses like daycare have different rules.

Tax Tips

Income Taxes: Deducting Health Related Expenses

If you itemize your tax return, you can deduct health insurance and related costs when you file your return. Medical expenses of all kinds can be deducted ranging from visits to your physician, hospital costs, dental, vision and certain wellness programs.

Money News

Policy Group Calls for Earmark Transparency

Tweet Tens of billions of dollars in taxpayer monies are routinely funneled to congressional districts each year, earmarks directed to cover the cost of a special project or destined for

Business Services

7 Reasons Why You Should Work For Yourself

Tweet Millions of Americans are unemployed, but some are discovering that the fastest way to gainful employment is by launching their own businesses. Whether started from scratch or through purchasing

Tax Tips

Late Tax Filers Beware: Post Office Hours Curtailed

Tweet Some post offices will not be open late on tax day Taxpayers accustomed to completing their returns late on April 15 and heading to their local post office to