Category Archives: Tax Problems

The new tax act means big changes for taxpayers

Big tax law changes mean even bigger opportunities for taxpayers. Take a look at some of the changes to come out of the Tax Cuts and Jobs Act and consider how they could affect you. The Tax Cuts and Jobs … Continue reading

Posted in business, deductions, health care, Income Tax, personal finance, tax planning, Tax Problems, tax return | Tagged , , , , , , , , , | Leave a comment

Why walking away from sunk costs is the best option

Business owners and managers can let emotions dominate the decision-making process. Instead, move past sunk costs with grace and confidence knowing it’s the smartest business decision to make. Emotions make us human. They can also cause us to make rash … Continue reading

Posted in business, corporate income tax, deductions, employees, Income Tax, Tax Problems, tax return | Leave a comment

Do you have a household employee? Don’t ignore the nanny tax

It’s simple enough to overlook this tax related to household employees. But you could be in trouble if you do. Here’s why you’d better pay attention to the nanny tax. As you review your filing requirements for 2018, make sure … Continue reading

Posted in business, employees, Income Tax, IRS, personal finance, Tax Problems, tax return | Tagged , , , | Leave a comment