For all taxpayers, getting audited by the IRS is a scary process. When an agency with virtually unlimited power wants to know about your finances, it is understandable that people get nervous. The truth is, the majority of audits are
The case of King v. Burwell provided a scare for residences receiving tax subsidies to help pay for health insurance in 37 states (including Arizona). The case was a challenge to the wording of the Affordable Care Act (AKA Obamacare),
For small businesses, it is important to keep accurate and up-to-date books so you always know the financial shape of your company and to ensure you stay in compliance with local, state, and federal tax laws. With that in mind,
World Juggling Day is one of those obscure global holidays celebrating the skill of juggling multiple items at once. Perhaps there is a full day dedicated to juggling because most of us do a lot of it in our personal
There is a growing trend among businesses today toward hiring independent contractors rather than employees to perform certain tasks. For certain specialized areas that require greater expertise, hiring a contractor may make sense. However, there are some drawbacks to this
For business startups, entity formation is one of the most critical decisions. It is important to choose the right entity so your company can accomplish its goals and minimize tax liability. For many small businesses, the decision often comes down
Microsoft Excel and similar spreadsheet programs have been very useful in helping businesses automate many of their processes. The ability to customize a spreadsheet to track specific data provided a low-cost automation option for many small businesses in the late
When entrepreneurs start a business, many give little thought to the professional services they will need to function smoothly. Individuals go into business because they have a great idea and a vision to turn their passion into a profitable enterprise.
2014 was the first year Americans were required to purchase a health insurance policy or pay a fine to the IRS. Many of those that purchased policies from the public exchange received tax subsidies to help pay for them. The
Many taxpayers believe that after tax season, it is time to take a break from thinking about taxes and look forward to summer vacation. But before you start planning those getaways with family and friends, there are some steps you
