Category: Taxes

Ever wondered why politicians and corporates own offshore accounts in Bermuda or the Bahamas? Top US companies like Apple, IBM, and Walmart conceal trillions of dollars in best tax havens in the world. Apple has more than $181 billion in offshore accounts. American corporations and individuals seek tax havens to protect their wealth. Corporations believe that lower…

Are you wondering how long you should keep your tax records? Wondering if you can tossing last year’s returns in the trash? Or maybe you’re just curious about what kind of documents the IRS requires. No matter what your question, this blog post is here to help! We’ll go over everything you need to know…

Imagine making the amount of money you’ve dreamed of earning only to have to pay a big chunk of it in taxes. Consider the Top 7 Tax Reduction strategies for high income earners that can help you keep that money you’ve worked so hard for. Then, you will be able to enjoy the life you…

If you are looking to sell your rental property or Investment property, you may be trying to figure out how you can legally avoid paying taxes on the capital gain. Before 2018, a various different types of assets could be exchanged into different assets but the new law Tax Cuts and Jobs Act of 2017…

There’s nothing worse than getting that dreaded letter in the mail from the IRS, notifying you that you’re being audited. But there are a few things you can do to avoid an audit – and we’re going to tell you what they are.  Based on our 22 years of experience preparing thousands of returns, we…

At the end of every single year we will all be hearing ad on the Radio and Tv asking us to donate car and other vehicles to charities. If we don’t pay attention to detail the tax deduction of donated car will be much lower that what we think it may be. Have you ever…