The IRS extended the deadline for filing and paying 2019 taxes from April 15 to October 15 of this year. If you applied for an extension, your taxes were due on October 20 which has also passed. If you have procrastinated until now, you are subject to substantial penalties and...
If you are ready to purchase a home you will need to know what types of home mortgage loans are available and the benefits and liabilities of each for the borrower. Keep in mind that a lower interest rate on a larger loan amount for a longer life of the loan may not compute to...
Determining whether or not your business should file as an LLC or an S corp can be difficult. First and foremost, it’s important to understand the fundamental differences between the two. Then, you can weigh your options and make an educated decision. Here are some differences...
It’s almost the end of the year and the taxman is beginning to collect. For a taxpayer, there’s nothing more depressing than receiving collection notices from Uncle Sam. It’s even more depressing when you know you can’t afford what they are asking. So, what should you do? In...
Many people look forward to their tax refunds for a number of reasons. Maybe they have some bills to take care of. Perhaps they’re looking to boost their retirement plan with a bit of extra money. In many cases, they’re looking to do both. Traditionally speaking, the taxpayer...