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Even the best of doctors may face unique financial challenges. However, doctors are cutting costs to enjoy financial stability. Careful financial planning for doctors can get them to a better place later in life. Doctors can enjoy financial stability if…

If you received IRS notice CP521, this is a reminder that your IRS monthly installment payment is now due. IRS CP521 should not come as a surprise. It is a priorly arranged installment agreement to pay the amount owed to…

Attention small business owners: Have you set up your Google My Business listing yet? If not, you’re missing a major opportunity to stand out in local search results. Not only does Google hold more than 75 percent of search market…

The only certainty about life after a pandemic is that there isn’t much certainty. Masks on or off? Six feet of distance or three? Shake hands or nod hello? It depends on who you ask. Given the changing and conflicting…

What do accountants do with themselves after tax season? Actually, the same thing they do during busy season: They work hard for their clients. The only difference is that instead of cranking out tax returns, they help clients work through…

Should you spend, save, invest, or share your tax refund? Here are a few ideas for putting your tax refund to work for you: Build the emergency fund As we discovered in 2020, it’s too easy to be taken unawares…

Most professions have their own lingo, and accounting is no different. What is different is that you have a vested interest in understanding what your accountant tells you about your financial situation. So, here’s a quick primer on common accounting terms—some business-related,…

While “under a blanket on a cold winter day” isn’t the worst place to work, it’s a good idea to regularly assess your remote working environment—especially if you don’t have a full home office setup—to decide if anything needs an…

It’s probably fair to say that most of us can’t wait to see 2020 out the door. But there’s one more task to carry out before you can wave goodbye to The Year We’d Rather Forget: Be ready to file…

Like many business owners, you are probably not sure how to pick a tax accountant in Miami. It is a difficult decision to make and a vital one for your business that will save you much time and resources. Whether…

The 668 Form Series are several IRS notices sent to the taxpayer warning them that actions are taken on their assets, which include a tax levy, tax lien, and even wage garnishment. This is not a very pleasant situation to…

The Offshore Voluntary Disclosure Program (OVDP) was created back in 2009 as a temporary OVDP program for taxpayers that willfully hide funds overseas to become compliant. However, the IRS closed it due to the usage rate for this offshore disclosure…