Tax Problems
Tax Season Reminder To Fellow Practitioners
A Gentle and fun Reminder to Fellow Practitioners: Don’t Lose Your Zen This Tax Season 🧘 Tax season — January through April — has a way of turning even the calmest, most centered practitioners into tightly wound problem-solvers running on caffeine and deadlines. Tax season is intense.It is stressful.🙆♂️And yes — at times — it…
Read MoreMissed Your 2025 Estimated Taxes?
Missed Your 2025 Estimated Taxes? Here’s What To Do Now. If you’re self-employed or earning side-business income, estimated taxes can feel like one more chore on a long list. And if you missed one or more quarterly payments last year, you’re not alone — and it’s not too late to get back on track. Your…
Read More1099-Ks – What Changed?
1099-K: What’s Actually Happening for 2025 Tax Filings? There’s been a lot of concern about 1099-K reporting — especially for solopreneurs, freelancers, side-business owners, and anyone using online platforms like PayPal, Venmo, Cash App, Uber, Lyft, DoorDash, Etsy, eBay, or Airbnb. 👉Here’s what you need to know for the 2025 filing season (when you file…
Read MoreIf Only You Spoke With Your Accountant First
🙋♂️If Only You Spoke With Your Accountant First… Real situations I see too often — and how a short conversation could have saved money, stress, and missed opportunities. 👉After many years preparing taxes and advising families and solopreneurs, there’s a theme I can’t ignore: Most financial headaches could have been avoided with one planning conversation…
Read MoreAre Your 2025 Estimated Taxes on Track? A Smart Year-End Checkup Is In Order
As we approach the end of the year, it’s important to remember that the IRS doesn’t operate on a “see you next April” system. Federal taxes are pay-as-you-go, which means the IRS expects your tax payments throughout the year. If your estimated payments have slipped behind, you may face an underpayment penalty — something no…
Read MoreDid you get a notice from the IRS?
If the IRS sent you a notice about unpaid taxes, missing returns, or a balance due, the most important thing to do right now is not to push it aside. Waiting only makes things harder — penalties grow, interest adds up, and options become limited. And with the IRS increasing automated enforcement, many people are…
Read MoreBe Wary of Shady Tax Preparers and Scams!
Be careful of shady tax professionals and watch for common warning signs, including charging a fee based on the size of the refund. A major red flag or bad sign is when the tax preparer is unwilling to sign the dotted line. Avoid these “ghost” preparers, who will prepare a tax return but refuse to…
Read MoreDo You Expect Guarantees?
The fact is YOU are responsible for your own success, in each area of your life as well as with your finances and business success. If you are in a place where you are unsure of the value you bring to the table all by yourself that is ok also: none of us ever does…
Read MoreUnfiled Tax Returns?
Urgent Tax News: The IRS is preparing to get Non-filers! The IRS is hiring thousands of Agents! Unfiled tax returns? Need a payment plan? Need to resolve that scary IRS Letter? Now is your time to get ahead. Contact Michael! Get Michael on your side today!
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