I Owe the IRS, What Do I Do Now?

I Owe the IRS, What Do I Do Now?

Tips for Managing Your IRS Owed Amount We know owing taxes can be a headache, especially if you don’t have a CPA or tax advisor to walk you through the process. If you fail to pay your taxes, in most cases you will only face interest or penalties, rather than going to...
Credit, Debt and Personal Finances 101

Credit, Debt and Personal Finances 101

Credit and Debt: A Comprehensive Overview   In an era of credit cards, services that allow you to “buy now, pay later”, and access to loans at your fingertips, it is easy to indulge in lifestyle you can’t necessarily afford on your budget. Before your fall too...
Buying an Electric Vehicle? Know These Tax Law Changes

Buying an Electric Vehicle? Know These Tax Law Changes

The Essential Guide to Electric Vehicle Tax Law Updates Are you thinking of buying an electric vehicle or a plug-in hybrid and taking advantage of the Electric Vehicle Tax Law Changes? If so, you have much to consider—thanks to the newlyenacted Inflation Reduction Act...
Dealing With The New 62.5 Cents Mileage Rate

Dealing With The New 62.5 Cents Mileage Rate

The Benefits of the Updated 62.5 Cents Mileage Rate Due to rising gas prices, the Internal Revenue Service (IRS) announced an increase in the standard mileage rate for business travel. As a result, small businesses that make use of the standard mile rates can deduct...
FAQ on Student Loan Cancellation

FAQ on Student Loan Cancellation

What is the Student Loan Cancellation? Last month, President Biden laid out a plan to cancel up to $20,000 in federal student loan debt per borrower. Beneath this seemingly simple plan comes quite a few questions about how, exactly, it will work. Naturally, borrowers...