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Tax Tips & General Information


Tax Planning for Small Business Owners

     Tax planning is a process of looking at various tax options in order to determine when, whether, and how to conduct business and personal transactions so that taxes are eliminated or considerably reduced.

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7 Biggest Misconceptions Business Owners Have About Their Returns

     Regardless of how life changes, one of the biggest hurdles you’ll face in running your own business is to stay on top of your numerous obligations to federal, state, and local tax agencies. A tax headache is only one mistake away, be it a missed payment or filing deadline, an improperly claimed deduction, or incomplete records.

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Con Artists: How to Spot and Stop Them

     Make sure you and your family never fall prey to the schemes and cons that pervade all aspects of American life. Learn to recognize con artists and send them on their way before parting with any of your hard-earned money.

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Sole Proprietorships

A sole proprietorship is an unincorporated business that is owned by one individual. It is the simplest form of business organization to start and maintain.


Business Activities

A trade or business is generally an activity carried on for a livelihood or in good faith to make a profit. The facts and circumstances of each case determine whether or not an activity is a trade or business.

Self-Employed Individuals or Independent Contractors

 Below you will find information helpful in answering many questions related to being self-employed individuals or independent contractors.

Independent Contractors vs. Employees

Before you can determine how to treat payments you make for services, you must first know the business relationship that exists between you and the person performing the services. The person performing the services may be -

Summertime Tax Tips


Weddings ... Summer Jobs ... Day Camp ... Working for Tips...
And tax tips for all.

Marriage or Divorce - Check your Social Security Number


Newlyweds and the recently divorced should make sure that names on their tax returns match those registered with the Social Security Administration (SSA).

Tips & Taxes


Do you work at a hair salon, barber shop, casino, golf course, hotel or restaurant or drive a taxicab? The tip income you receive as an employee from those services is taxable income.



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