Blog Archives

4 Reasons NOT to Wait for Your K-1

Subchapter S corporations (“Sub S”), partnerships, limited liability companies (“LLC’s”) and estates and trusts issue form K-1’s. This form documents the stockholders, partners, members or beneficiaries share of their profit or loss from the entity.  Don’t wait for this form


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How to Pay Your Estimated Taxes

  Many taxpayers are employees and have their income taxes withheld from their paycheck.  Every April 15th they need to settle up with Uncle Sam and their state tax department.   Other taxpayers may not be employees or have taxes


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5 Lessons Learned From Tax Season

Another Tax Season has come and gone.  Here are the 5 Lessons Learned from this Tax Season.  1) Don’t Pass Tax Legislation on December 31 Congress passed the American Taxpayer Relief Act on December 31, 2012.  It’s clear that no


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Where’s My K-1?

  This question is asked frequently during tax season. I suspect it will be asked even more this tax season. There will likely be even more delays this year than in past years. Congress passed The American Taxpayer Relief Act


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4 Ways to Help Your CPA and Reduce Your Taxes

Here are 4 ways to Help Your CPA and Reduce Your Taxes: 1) Have a Year End Planning Meeting with Your CPA This meeting can be in person or over the phone, it really doesn’t matter.  The only thing that


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