How the IRS Decides What You Can Pay
Starting in May, people with outstanding Tax Liabilities start getting letters from the IRS demanding payment. This video shares how the IRS reviews your financial status to determine how much …
How Home Business Owners can Maximize the Meals Deduction
How Home Business Owners can Maximize the Meals Deduction The information shared here is for presentation purposes only. Please consult your tax professional regarding your specific tax situation. With this post, Iβm going to share with you how to max out your meals deduction and why you should never eat alone. The primary …
Review of Operating Agreements for Home Business Owners
Review of Operating Agreements for Home Business Owners Most home business owners choose a single member LLC when selecting a business structure, although it is treated as a Sole Proprietorship by the IRS. It is important to establish the business as its own identity. Many think that just having an LLC will do that. Thatβs …
Benefits of a Limited Liability Company for Home Business Owners
Forming a Limited Liability Company can offer many benefits to a home business owner. The main reason business owners form a Limited Liability Company (LLC) is to protect their assets, but there are other moving parts. What is a Limited Liability Company (LLC) Exactly? A Limited Liability Company (LLC) is a non-corporate business structure that …
How to file an amendment Form 1040X
https://youtu.be/6UfWdAqDbII This video is not intended to be tax advice. Seek your own tax professional concerning your own tax situation If you need to make a change to your …
