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2020 Tax Deadline

2020 Tax Deadline

There is a new tax deadline, now what? Most of you are aware that the new tax deadline for 2020 has changed to July 15th. Normally, if you don’t file your tax return and pay in full, you can expect penalties and interest. However, the effects of COVID-19 have caused...
Recession-Proof Business Planning

Recession-Proof Business Planning

What businesses do well during a recession? If you have a business then you need recession-proof business planning. Businesses that succeed are those that can adapt to a recession’s downturns. For example, in the current recession that we find ourselves in with...
Where Should I Invest My Stimulus Check?

Where Should I Invest My Stimulus Check?

Investing 101 Before I dig into where you should invest your stimulus check, I want to make sure I lay the ground work of what investing is and why it is important. I’m sure you’ve heard of investing… I hope! But just in case, I’ll go ahead and define it. “Investing...
Car Buying Advice from the Tax Experts

Car Buying Advice from the Tax Experts

If you are in the market for a car then you need to decide if you want to buy or lease. There are both valid reasons to buy & lease, but it really depends on your current monetary situation. For most people, the most cost-efficient purchase would occur by...
Guide for a Law Enforcement Tax Return

Guide for a Law Enforcement Tax Return

We have all had the thought at least once in our lives… ‘what on earth is going on here’? Going over your tax return can easily be one of those moments. Having a professional to ask questions and help you walk through and explain it is an excellent source of...
What’s the Deal with the COVID-19 Tax Extension?

What’s the Deal with the COVID-19 Tax Extension?

***EDIT: On 3/20/2020, “All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Mr. Mnuchin said on Twitter.*** Here’s the short and sweet answer: The tax-filing deadline will remain April 15, but the IRS...

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