Kiddie Tax

Kiddie Tax

Does your child need to file a tax return? As parents, we all try to do the responsible thing and put money away and/or create investment accounts for our children. A great thing is when the money starts making more money. Everyone likes that. As adults, we know we...

Are you an employee of your own company?

Do you own your own business? Are you on payroll? Should you be? Usually the answer is simple. Payroll vs No Payroll: Sole Proprietor: As a sole proprietor payroll for you, as the business owner, is not on the table, as all monies flow to the personal tax return....

2016 Filing Deadlines

We are excited to announce the IRS began accepting electronically filed tax returns Tuesday, January 19th. Something many people may not be aware of: All individual tax payers are getting an extra three days to file their tax returns this year. The filing deadline is,...

Online Gambling and Your Tax Return

Over the past decade, various forms of online gambling have been growing in popularity. Sources estimate that in 2013, the online gambling industry earned 30 billion dollars worldwide. Although federal law makes most internet gambling illegal across state lines, and...