Blog

I'm guessing tax season isn't exactly at the front of your mind everyday. But it should be! (At least in the top five things at the front of your mind.) Because as long as you're getting paid by someone or something, taxes don't stop. And when it comes to getting your...

You see that piece of mail in your mailbox with the IRS letterhead, and a certain fear kicks in. (Unless, of course, you've "been there, done that", and you had us on your side). But the natural fear of what the IRS might be wanting to tell you (the dreaded audit!)...

Getting answers from the IRS is a HUGE issue for regular Greater Memphis taxpayers. (Not to mention a little nerve wracking.) This might be a note to save ... because I'm going to share with you the best way to find out "what's what" with your tax file WITHOUT...

Owing money to the IRS isn’t so bad. Say what now? Yep, that’s right. It’s not such a terrible thing. Well ... as long as you’re broke, that is. Because if you have significant income or assets, the IRS is going to do everything they can to squeeze every last dime out...

It's no secret that for many people who get in hot water with the IRS, a very common reason is payroll taxes. For many, they aren't filing properly, "assuming" that their bookkeeper is handling it, or their payroll software. But that isn't necessarily the case, I'm...

Today’s topic has the benefit of ensuring your Greater Memphis "financial fortress" is as airtight as it can possibly be, which has its own advantages. Ah, the wonders of financial documentation... Effective Financial Documentation Strategies For Greater Memphis...

For many Greater Memphis small business owners, and families, it can seem that the government has simply been throwing money around and not paying attention to what is done with it, or collecting what is due. But if you believe that the IRS won't come hunting for ways...

The unfortunate reality is that if you don't file a tax return -- even if you don't owe any taxes that year -- there can be problems. And, that is obviously the case if you do happen to owe taxes. Not only can the federal government stir up trouble for you, but each...

Every year, the IRS charges tax debtors a boat load of penalties. Just how much? If you’re in Greater Memphis and you owe taxes, you should definitely take a look... To put this in perspective, the IRS budget for 2021 is about $12 billion. That means the entirety of...