You filed your tax return, and the number staring back at you is a lot bigger than you expected. Before you flat-out ignore the sum or drain your savings in a panic, take a breath. As much as it may seem like a crisis, owing taxes means you have options—and the worst thing you can do is nothing. Even if you can’t pay, the important thing is that you file on time. From there, you can work out a plan to settle up with the IRS. In this blog, we’re looking at: Steps to take if yo

Structural Differences Between LLCs and S-Corps Contrary to popular belief, this isn’t an apples-to-apples comparison. Each entity has different income, legal, and tax implications.

You’re sorting through the mail, tossing all the junk flyers aside, when a single envelope stops you in your tracks. The bold letters of the return address show three anxiety-inducing letters…IRS. Assuming you’re still panicking as you read this after your mad dash to Google, let us put you at ease: most IRS notices are far less serious than they seem. In this blog, we’re going to tell you: What most IRS notices are for The different kinds of IRS notices you may receive Exac