by Molen & Associates | Jul 24, 2026 | Individual Tax Preparation
The United States has a pay-as-you-go tax system. Employees handle this automatically through withholding. But if you’re self-employed, receive investment income, run a pass-through business, or have any income not subject to withholding, you’re...
by Molen & Associates | Jul 12, 2026 | Tax Planning
Every taxpayer has the right to arrange their affairs to pay as little tax as the law allows. That’s not a tax shelter — it’s a legal principle. But there’s a meaningful spectrum between “standard planning” and “will cost you...
by Molen & Associates | Jul 9, 2026 | Bookkeeping
Accounting method is one of those business decisions that feels technical and dry until you realize it can shift tens of thousands of dollars in taxable income between years — and that changing it after the fact requires IRS permission. For most small businesses, the...
by Molen & Associates | Jun 28, 2026 | Small Business
If you own a business — especially an S-Corp — and you’re paying for business expenses out of pocket, you may be handling reimbursements in a way that costs you more than it should. An accountable plan is a simple IRS-approved structure that lets you reimburse...
by Molen & Associates | Jun 21, 2026 | IRS Representation
Most people assume that once a few years have passed, old tax returns are safe. That’s mostly true — but the exceptions matter, and some of them have no limit at all. Understanding the statute of limitations on IRS audits tells you how long you need to keep...
