Maintaining accurate and organized tax records is crucial for every business owner. Proper recordkeeping can not only ensure that your tax returns are prepared accurately, but it can also protect
Owning rental property can be an excellent investment, but it comes with its fair share of tax implications. For business owners who are diving into the world of rental real
As rideshare services such as Uber and Lyft continue to grow, many individuals are taking the opportunity to work as drivers. While this can be a flexible and lucrative endeavor,
As a business owner, operating an S Corporation (S Corp) comes with various tax benefits, but it also requires diligent adherence to IRS regulations. The key to maintaining your S
In a recent case that highlights the severe consequences of tax evasion, a Newark construction business owner admitted to evading taxes by using a check-cashing scheme and failing to collect
Owning a vacation home or second property can be more than just a personal luxury; it can also be a strategic asset in your tax planning. By understanding how to
A recent case involving a Rochester businessman pleading guilty to a tax charge has highlighted the serious consequences of failing to meet tax obligations. This case serves as a cautionary
Schedule C filers, the backbone of many small businesses and sole proprietors, face a daunting reality: they are statistically 3-10 times more likely to be audited by the IRS compared