by Karla Dennis | Jul 30, 2014 | Blog
For business owners, it’s like being a kid in a candy store as far as tax write offs go. The key is keeping great records of your expenses. But even if you don’t own your own business, don’t pay higher taxes because you don’t know any...
by Karla Dennis | Jul 28, 2014 | Blog
You may have a job that pays you well and affords you career growth. Yet down the line, you might still be considering business ownership. There are numerous reasons why business ownership remains part of the American...
by Karla Dennis | Jul 24, 2014 | Blog
If you are guilty of trying to determine what can and cannot be a tax write-off, Karla urges you to leave that up to a tax professional. There are so many different things that can be used as a tax write-off, such as business expenses, charitable contributions and fundraising donations, however it is best to save all necessary documentation and let your tax professional see for themselves what can and cannot be used to help you benefit the most from these...
by Karla Dennis | Jul 20, 2014 | Blog
One of the biggest mistakes that people facing a tax audit often make is not understanding the level of competence the person preparing their tax return has. There are many people that are highly qualified to prepare and submit tax returns on your behalf, however it takes an entirely different level of education for a preparer to help you through an audit by applying the tax law to it. When choosing someone to help you with an audit, ensure that they know and understand the magnitude of the tax law and how it applies to your situation. read...
by Karla Dennis | Jul 17, 2014 | Blog
Numerous taxpayers throughout the country miss out on tax benefits and deductions each and every year. There are so many deductions that a basic taxpayer often forgets to take; regardless of whether they get a refund or have to pay in, it costs them money in the long run. Watch as Karla discusses some of the deductions that you should keep in mind when completing your taxes as well as why it is so important to have a conversation with your tax professional and take a comprehensive look at your entire tax situation before filing. read...
