National Tax Security Awareness Week Is December 3-7

The IRS, states, and the tax industry at large have partnered together in the Security Summit initiative to launch a new initiative that’s aimed at helping taxpayers protect sensitive information from cyber thieves. This comes at an important time of year, not only because of the sharp rise in online...

Why Tax Planning Is Essential for Every Business Owner

If you own a business, financial planning is likely something you do every year. You know that it is essential to guiding your financial decisions for your company, and you would likely never consider skipping it. And yet, many business owners skip what should be a central part of their...

How Bunching Charitable Contributions Can Save You Money on Your Taxes

This year will be the first year that the majority of the Tax Cuts and Jobs Act applies to your tax return, and it’s bringing a lot of changes. One of those major changes is causing taxpayers to reevaluate when they make their charitable contributions so that they can maximize...

Here’s How You Can Settle Your Federal Tax Debt

Financial debt is a heavy burden to carry, and that burden only grows heavier when the debt is a federal tax debt. The IRS does not take debts lightly, and they can be fairly aggressive in their efforts to collect on what they are owed. But, despite how it may...