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, […]