Blog

Do I Have to Pay It Back? 

This is often the biggest question on people’s minds, and it’s a natural one. After all, how many of us were taught that there’s no such thing as a free lunch? But the answer to this question is no, you will not have to repay the government. This is not a loan, but is ...

Easy-to-Use Online Tool 

Non-filers will be happy to know that claiming your economic impact payment will still be quite simple and easy to do. The new online tool, launched on the 10th of this month, can be found on the IRS website, here. Or, you can visit IRS.gov and look for “Non-filers: Ente...

Always, Always File 

First and foremost, you should never avoid filing your taxes to try to avoid bringing your tax debt to the IRS’s attention. The only thing this accomplishes is adding failure to file penalties to your existing debt. It is far better to file on time—or, better yet, file early...

Start Organizing Your Deductions 

While you’re waiting on your official tax forms from your various sources of income, you should start thinking about what deductions you’ll have on your 2019 return. Will you be claiming the standard deduction or itemizing? Do you qualify to deduct medical expen...

Less Work for You 

As every good business owner knows, duplicate work is a major productivity killer. The last thing you want is having your employees (or yourself) doing the same tasks again and again, wasting precious company time. But when you have separate accountants for your taxes and your...