It is a scenario I see play out with even the most diligent business owners: you’re at the checkout counter, realize you’ve forgotten your business credit card, and instinctively reach for your personal one to finish the transaction. Or, perhaps more commonly, you have “mixed-use” expenses like your cell phone, home internet, or your carContinue reading “The “Accidental” Tax Trap: The Right Way To Do Tax-Free Reimbursements”
Tag Archives: tax
What to do when You Can’t Pay Your Taxes
Discover practical solutions for unpaid taxes in our blog, “What to do when You Can’t Pay Your Taxes.” Learn about IRS programs, including installment agreements and offers in compromise, with real-life client stories. Explore online payment plans and negotiation strategies for a fresh start. Subscribe for free monthly tips and checklists, ensuring financial confidence in the face of tax challenges.
Save Money With Year-End Tax Planning
Boost your self-employed income with My Fiscal Office’s year-end tax planning.
Virtual Currency and Taxes can be Taxing
A guide to help our clients understand the tax treatment of virtual currency.
NYS and NYC wants to make sure you really moved before they let you stop paying taxes
In the last few years, we have had clients think they moved out of NYS or NYC and want to obtain the related tax savings. But the cost, time and effort of the audit was not pleasant.