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