Here are the Safe Harbor rules on how to pay in enough on your taxes so that when you extend, the IRS won’t impose an underpayment...

Before we get started there are a few important definitions we need to have straight on this topic. The tax deadline is not the same as...

Most businesses start with one owner and one employee and they are usually the same person! Some businesses are even started as a side...

S Corp Reasonable Compensation Requirement Disclaimer – If you have a partnership or limited liability company that is not taxed as an S...

Reporting Payments to other Attorneys – Yes you must do it, says the IRS! The deadline to furnish 1099’s to most recipients is the end of...

Dan (that’s my husband) and I bought a pellet grill right before Thanksgiving so we could smoke a turkey for turkey day. Turns out we...

Last night I was lying in bed trying to unwind my mind from the day and fall asleep when I was startled to hear a low flying helicopter...

What does this mean? Well, I’m talking about giving bonuses to employees but not withholding payroll taxes. That’s right, you shouldn’t...

Dads can wear a lot of hats in their lives - business owner, professional, designated tickle monster, coach and more. This Father’s Day,...

The dirty little IRS word that too many people are afraid of…EXTENSION! Let us break it down so it’s not so scary. The IRS allows a legal...

Most business owners are unaware of their financial numbers and are unable to determine the financial health of their business. This can...

Taxes are frustrating in general but they can be even more frustrating for your law firm. It can be overwhelming to figure out which tax...

Law firm cash flow is not only a good thing, it's a necessity for a successful, financially-healthy law firm. When a crisis like COVID...

Law firm profitability is something that all law firms seek to achieve. It is likely a goal for every law firm but when it comes to...

Small companies are especially vulnerable to fraud for a few reasons. CFEs are trained to identify the warning signs and red flags.