About Me

New Business Owner? Have a Professional File Your Taxes

I knew there would be ups and downs when I started my business selling metal fencing, but I was pleasantly surprised to have a great first year. When I hit my first bump in the road, it was a big one. I filed my taxes myself, and I honestly thought I was doing them right. I have never been number-savvy, though, and I guess it showed. My business was chosen for a tax audit, and I was scared I had made a terrible mistake by accident when filing. I hired a tax lawyer to help me get my records together for the audit. It went smoothly, thanks to my lawyers help. I created this blog to let new business owners know that they should have a professional file their taxes after their first year in business. It could save you from a huge headache down the road.

Archive

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Tags

Latest Posts

How Can Your Personal Injury Lawyer Prove The Other Driver Was At Fault After A Car Crash?

Posted on 13 October 2021

Getting involved in a car accident can be a traumatizing experience. To begin with, you may have extensive car damage that would require you to pay an exorbitant amount of money to repair it. Secondly, you may have acquired several injuries due to the crash in the form of whiplash, a herniated disc, cuts, neck injuries, and so on. Naturally, if you were not the cause of the accident, you will likely want the negligent party to pay for all the expenses that you have incurred due to the accident. [Read More]

Understanding The Key Differences Between Trucking And Regular Car Accidents

Posted on 13 October 2021

Ever wondered how the legal process works if you're injured in a truck accident that wasn't your fault? Most trucking accidents are complex situations that leave victims bewildered, unsure of how to fight for the compensation that they deserve. Many factors add complexity to these auto accident cases, making them more complex to deal with than regular car accidents.  If you want to know how your truck injury case will play out, read along to discover the main differentiating factors between trucking accidents and accidents involving standard cars. [Read More]

How To Choose Between A Will And A Trust When Giving Away Your Wealth

Posted on 10 September 2021

As of 2021, 46% of Americans have a will. However, while many Americans have no plans for when they pass away, some Americans have chosen a trust over a will. There are several advantages to choosing this. How a Trust Differs From a Will With a will, you will still be in control of your assets until you pass away. The will simply clarifies how your assets will be divided. With a trust, unless it is a revocable trust, you will not have access to it and will be able to continue to use it while you're still alive. [Read More]

Should You Go With Chapter 7 Or 13 Bankruptcy?

Posted on 6 August 2021

Chapter 7 and Chapter 13 bankruptcy represent two very different ways to address your debt load. A Chapter 7 bankruptcy involves the liquidation of all of a debtor's non-exempt assets. The Chapter 13 system allows debtors to keep their assets in exchange for following a court-ordered payment plan that reduces the overall debt load. Each approach has its virtues. It's important to understand what makes each one appropriate for a given situation so let's take a look. [Read More]