Tax Planning

Tax Planning Tips

Tax planning is taking the time to develop strategies to either reduce taxable income, take advantage of tax deferred, utilize lower tax brackets, capture all available credits, and minimizing additional taxes such as self-employment and alternative minimum tax. This is done through reading and understanding how to use the beneficial laws that are written into […]

How to Respond to IRS Correspondence

  Receiving a notice from the Internal Revenue Service is never pleasant and often brings with it stress and anxiety. Most taxpayers have difficulty understanding IRS correspondence, which tax year or years and what tax forms it relates to, or whether it is even addressed to them or a Company they own. The key to […]