by George Simpson | Jul 26, 2017 | Business News
Self-Employed and Tax Audits Starting a Business Often our tax clients ask us if they should start a side business to reduce tax liability. Our answer is if the sole reason is to reduce taxes, it is a bad idea. For example, if you are employed full time and have a...
by George Simpson | Jun 27, 2017 | Business News
Are You at Risk of a Tax Audit? Now that you have filed your taxes for 2016, you may wonder what your risk is of an audit by the IRS. There are several factors the IRS considers red flags that increase the potential of an audit. The good news is, however, chances are...
by George Simpson | May 25, 2017 | Business News
Should You Outsource Your Payroll? Many business consultants urge their clients to outsource non-core functions— those not required to fulfill the value proposition of a company to its customers. On top of their list is usually payroll. The main reasons why we cover...
by George Simpson | Apr 26, 2017 | Business News
Did You Pay More Income Tax Than You Needed to? How You Can Prevent Paying More Tax Than Necessary Again When we review recent tax returns of new clients, we usually find they were paying more taxes than they should have. Most of these individuals had either prepared...
by George Simpson | Mar 31, 2017 | Business News
Have You Filed Your Tax Return? It is April again and your taxes are due. The deadline this year has been extended to the 18th because the 15th falls on a Saturday, and Emancipation Day is being celebrated on the 17th. What If You Are Not Ready to File by the 18th?...