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When should you do taxes on your own or hire a Tax professional?
Posted in Firm News on November 13, 2018
Taxes can be stressful, especially if you have a business, investments or IRS issues. Most people want to get through the tax season with little out of pocket or worrying about an IRS audit. The expense of filing taxes can be costly depending on what you own (businesses, Investments,Rental Property etc…). In determining, whether you… (Keep reading)
Posted in Firm News on November 2, 2018
If you get tired of the same old action hero or cartoon character movies, why not look into viewing the best courtroom legal drama ever made. Many best of lists have this film at the top. It is, To Kill a Mockingbird. It is an old movie, 1962, and it’s filmed in black and white…. (Keep reading)
Posted in Firm News on October 30, 2018
Cash Vs. Accrual Vs. Modified Cash Accounting Methods
Posted in Firm News on October 3, 2018
Starting a new business involves a lot of planning. The accounting is a very important part of managing your business. You must consider the accounting method. There are three options to choose from. The Cash Basis Method This accounting method records income and expenses as received and paid out. Expenses are recorded only when bills… (Keep reading)
Posted in Firm News on September 25, 2018
Time: Contrary to what is portrayed on television, the litigation does not typically begin and end in a matter of days and weeks. One of the surprises many clients face when involved in litigation is a great deal of time it takes to get through the legal process. It is not uncommon, for example, for… (Keep reading)
Posted in Firm News on September 19, 2018
September is coming to a close and with many changes in the Tax code, now is the time to prepare for the next year. It’s time to budget, to do so review all the changes that have occurred plus take into account the possible inflation that may occur. Yes, employment is up which creates the ever… (Keep reading)
Posted in Firm News on August 14, 2018
If you have college-bound children or grandchildren then you may be interested in establishing a qualified tuition plan for them. These plans are known as 529 plans, so named after the IRS code section establishing the plans. You can contribute to a qualified prepared tuition plan or a savings account established for a specific beneficiary… (Keep reading)
