Blog
Income Tax Corner – Can You Really Do It Yourself?
One of the questions we hear most often from taxpayers that are hourly or salaried employees with “simple” tax returns is “Why can’t I just do this myself?” The truth – and our usual answer is – “Of course you can…” But there is always a catch. Tax software can be great but it also […]
Want to Pay Less? Fix Up the House!
At least once a day, I have clients ask the most basic accounting question – “How can I lower my tax liability?” That answer is always a hard one, as there are so many variables involved – marital status, income, deductions, credits, equity, home ownership, business ownership, children, etc. One nearly universal strategy I recommend […]
Choosing An Accounting Service
It’s a funny thing, what we consider luxuries in the United States. Some people cannot live without an artisan-brewed $5 cup of coffee but feel that a dry cleaner is too expensive. They own a huge television, yet watch old TV shows on their smartphone. Closer to home, they complain about their taxes and use […]
Starting 2017 Off Right From A Tax/Accounting Perspective
It’s a great day here at Tax Solutions Practice, LLC and as the weeks pass and we start to look towards April 15th and the collective sigh of relief, I wanted to reiterate to all you guys that you can never document too much. After decades of dealing with the IRS as a tax professional, […]