by Karla Dennis | Sep 21, 2014 | Blog
hen someone has been left with back taxes fear can often blind people to the point that they don’t take time to really consider their options. There are some ways that you can avoid an IRS tax lien when tax resolution time comes around. To begin, it is important that you understand what an IRS tax lien so you can see how to find an appropriate tax resolution. A tax lien is a claim against your property that is used as a security deposit to ensure that you pay back taxes that are owed to the federal government. In a tax lien you could potentially lose all of your property if the taxes aren’t paid. First, don’t let fear of the IRS drive your choices. Too many people think that avoidance is the best way to avoid the IRS, but this opposite of what you should do. In fact, your tax resolution issues will only get worse if you put off the lien. In fact, most liens indicate an exact time period that you have to reply to the lien. Oftentimes, you will only have five days to reply to the notice. read...
by Karla Dennis | Sep 19, 2014 | Blog
Is it a good idea to start your own business? Listen, if you have a skill set that you can monetize, and I know you do, it’s a good idea to start your own business. And, before you tell me that it’s impossible, and that you won’t be able to cover your bills, remember this: nothing in life that’s worth it comes easy. So plant the seeds for your own business outside of the time you are working at your full-time...
by Karla Dennis | Sep 10, 2014 | Blog
What to expect as your company grows Businesses have five growth cycles and that is what is to be expected. As seasoned as I am in business, sometimes my tummy starts to churn when I encounter new things I have never dealt with before in my business. I have to remind myself that uneasy feeling is usually just a sign of my business transitioning to the next business growth...
by Karla Dennis | Sep 5, 2014 | Blog
FIVE MISTAKES BUSINESS OWNERS MAKE WHEN HIRING When you are hiring team to work for you, you have to be certain as to whether you should hire them as an independent contractor or as a full-time employee. Unfortunately, this decision gets more small business owners in hot water with tax issues, quite often more than any other decision you will typically make in your...
by Karla Dennis | Sep 3, 2014 | Blog
YOU CAN RUN BUT YOU CAN’T HIDE FROM THE TAX MAN According to Forbes, even the almighty Manny Pacquiao is having major tax issues. In the article “Manny Pacquiao Lands a $75 Million Blow in a Tax Evasion Case” it appears that the Pac Man is having trouble fighting the Tax Man man, which is like a mismatch with an opponent from a higher weight...
