IMPROVING YOUR BUSINESS

Many business owners need more help than what they are getting. Strategic vision, financial planning, and managing processes are among...

Historically, the Internal Revenue Service has not made tax refund payments during government shutdowns. However, on January 7, the...

The IRS recently announced the standard mileage rates for 2019. For business travel using a passenger vehicle, the standard rate for will...

If you start or buy a business, it’s virtually certain that something significant is going to go wrong almost immediately. You’ll have a...

We are only offered so many opportunities in life to do the big things we want to do. This can be difficult to accept sometimes. Our...

Few things are irreversible until you quit your job or sign a loan. It’s critical to take advantage of the time before these steps to...

Last time we talked about the reasons to have a plan before you start your new business venture. But what does planning actually look...

Is the date an IRS notice is mailed the relevant date? The IRS can’t seize property unless it gives a person notice in writing of a right...

A court rules that a taxpayer wasn’t in the business of flipping houses, so he couldn’t deduct expenses. The U.S. Tax Court has...

Plans are important.  Jumping in without a plan will most likely spell disaster for a new business. The processing of planning can help...

If you and your spouse are both employed, or you’re single and work more than one job, the IRS is urging you to check your withholding...

Part-time and seasonal workers are urged to check their tax withholding amount. Due to changes under the Tax Cuts and Jobs Act, the IRS...

Want to check out a nonprofit group before donating? The IRS just introduced a new online tool designed to provide faster and easier...

Ranching activities weren’t engaged in for profit in one situation. The taxpayer owned a profitable research and publishing business....

Running a business is hard. Don’t get me wrong - almost all jobs are hard. Running a business is a different kind of hard than being an...

Whether you’re thinking about starting a business, in the process of starting a business, or considering a new offering or shifting...

A taxpayer is denied charitable contribution deductions for cash donations to his church’s Little League team and weekly cash donations...

Are tax-related emails between an attorney, an accountant and their client protected under the attorney-client privilege? In a recent...

The IRS can piece together a taxpayer’s income and deductible expenses if it suspects the person didn’t correctly report them. That’s...

The U.S. Tax Court ruled that a corporation couldn’t deduct expenses for the purported rental of part of the home of its sole shareholder...