In today's blog post, I've got something special for you -- a YouTube video where I'm sitting down with Michael Sullivan, who's not just any tax expert. He's a former IRS Agent and a familiar face on News Maxx, Fox News, and ABC, just to name a few.Â
He was an IRS insider for over a decade. Now ...
Want to Open a ROTH IRA for Your Kids?
Opening a Roth IRA for them might just be the unfair advantage you need! In this blog post, I'll walk you through the savvy process of setting up a Roth IRA for your child.
YES, it's possible, and YES, I'll tell you exactly how to get it done!
But before ...
Business owners know tax season can be a bit of a drag. But I've got something that will make it a whole lot better! I'm excited to introduce you track1099.com in today’s blog—a real lifesaver for filing your 1099 tax forms.
So What is Track1099?
Track1099 is a software where you can easily e-f...
Today, I have a good story for you. It’s about a young professional named, Karen, who thought she had taxes all figured out until tax season rolled around. Her mistakes were a bit costly, but they're also incredibly common.
Karen was doing well, living her best life. She had just landed her fir...
In today's blog post, I've got something special for you -- a YouTube video where I'm sitting down with Michael Sullivan, who's not just any tax expert. He's a former IRS Agent and a familiar face on News Maxx, Fox News, and ABC, just to name a few.
We're diving deep into the IRS Offer in Compro...
Anthony Farrer of the Timepiece Gentleman, the disgraced grey market luxury watch dealer. As you may know, he was arrested by the FBI for wire fraud, for stealing at least 3 million dollars of luxury watches.
I’m going to break down what I think happened and how Anthony Farrer found himself runn...
Today, we're talking about the New Corporate Transparency Act, which affects most small business owners. It's also referred to as, BOI Reporting, which stands for Beneficial Ownership Information.
The stakes are very high with compliance as overlooking these regulations can lead to a significant...
Breaking news! The IRS just announced they're delaying and revising the 1099K reporting changes that were supposed to go into effect starting this year 2023.
As you probably know, payment settlement entities were planning on issuing 1099K tax forms to individuals and online sellers who received $6...
Today, I’m summarizing what you absolutely must know about the new $600 form 1099-K rules. Now if you’re thinking… wait a minute… the IRS delayed this last year, I’ve heard Congress is working on increasing the limit to say $5,000 or even higher.Â
Well, I would say that… anything is possible. B...
Breaking News:Â Anthony Farrer of the Timepiece Gentleman has been arrested by the FBIÂ and is currently held without bail. IRS Criminal Investigations and Beverly Hills Police Department are also involved.
Here's a video where I share my thoughts and insights on how we got here with Anthony's ri...
If you're a small business owner who's been caught up in the Employee Retention Credit, or ERC, debacle, today's video is a must-watch for you. The IRS has just announced a new process that allows you to withdraw incorrect ERC claims. This is a potential life line. Let's dive right in!
What's Go...
Today, we've got some exciting news that could make tax season a little less stressful for many Americans. The IRS is planning to test a free online tax system in 13 states this upcoming tax season. It’s called the Direct File program. Let's dive into the details!
What is the Direct File Pilot P...