What to do if your tax return is flagged by the IRS and not be scammed The IRS alone sends millions of notices to taxpayers every year. When the IRS – or a state taxing agency – needs to contact a taxpayer, they typically send a letter to the last known address via theContinue reading “What to do if your tax return is flagged by the IRS and not be scammed”
Author Archives: Ken Rogers
5 Tips to Get More Savings from Your Home Office
5 Tips to Get More Savings from Your Home Office You must have self-employment income The home-office tax deduction used to benefit anyone who maintained a dedicated space in their home used solely and exclusively for business. The Tax Cuts and Jobs Act significantly changed this tax break. Starting in 2018, employees working fromContinue reading “5 Tips to Get More Savings from Your Home Office”
Increase Your Cash Flow Today with These 5 Tips
Increase Your Cash Flow Today with These 5 Tips Cash is the lifeblood of a business and in my experience, one of the most common reasons companies go out of business is cash flow mismanagement. The best time to plan for a cash shortfall is when you’re not facing one and every business should haveContinue reading “Increase Your Cash Flow Today with These 5 Tips”
Tax Changes You Should Know About
Tax Changes You Should Know About Some tax changes were buried in the 5,500+ pages of year-end legislation and might have slipped under your radar. These are some key tax changes you should know about. Charitable deductions Taxpayers now qualify for a deduction of monetary charitable contributions up to $150 ($300 for joint filers) evenContinue reading “Tax Changes You Should Know About”