There are many different reasons why people can get into trouble with the IRS. Some people may become delinquent on their taxes, while others may make mistakes on their tax returns. However, there are also some cases where people knowingly commit tax fraud. Regardless of the reason, getting into trouble with the IRS can be… Continue reading 6 Common Tax Mistakes That Can Cost you Big
Author: Ed Barton
7 Passion and Purpose Tips
It’s essential to keep your passion alive to fuel your purpose. Use these strategies consistently to feed the flames: Keep in mind that success breeds more success. Celebrate your small victories. Share your achievements with others who appreciate your work and mission. Please make a list and mark each step as you complete it. Find… Continue reading 7 Passion and Purpose Tips
8 Tax Tips For Charitable Giving
Giving to charity feels good, and there’s even a financial benefit. You can deduct any charitable donations from your taxable income. However, many rules govern these donations. Cash gifts are handled differently than non-cash gifts, and different rules apply to depend on the donation amount. Tax laws can be complicated, but you can easily find… Continue reading 8 Tax Tips For Charitable Giving
Read This Before You Quit A Job!
If you’re unhappy at work, it may be tempting to head for the nearest exit immediately. However, leaving before you have something else lined up could have significant consequences for your well-being and career. The truth is that quitting your job without a backup plan may be reasonable or reckless, depending on the specific circumstances.… Continue reading Read This Before You Quit A Job!
When Can I Deduct Bad Debt On My Taxes?
A small business can write off bad debt losses if it meets nominal requirements. To claim such a tax deduction, the following must be shown: A. The existence of a legal relationship between the small business and debtor; B. The receivables are worthless; and C. The small business suffered an actual loss. Proving there is… Continue reading When Can I Deduct Bad Debt On My Taxes?
How To Write A Business Plan – The Basics
You may have a great business idea, but it may be challenging to make it a reality without a solid plan. A business plan outlines your company’s goals and how you intend to achieve them. It is essential for any business, big or small. If you’re unsure where to start, this step-by-step guide will help… Continue reading How To Write A Business Plan – The Basics
6 Career Change Considerations
You’ve been thinking about a career change for a long time. You’re bored with your job, and you’re not progressing at the office. You’ve considered your career options. Frankly, you’ve wanted to do a particular type of work since you were 20, but it wasn’t in the cards. Perhaps this is the right time for… Continue reading 6 Career Change Considerations
Do you Have Mid-Career Blahs?
After working for 20 years or more, it’s natural to assume that you know how to manage your career. However, a study by Harvard Business Review found that mid-career professionals need help to avoid being undervalued and overworked. The researchers found that professionals between the ages of 40 and 48 were the group most likely… Continue reading Do you Have Mid-Career Blahs?
10 Benefits of Organization and Structure
Have you considered the benefits of structure in your life? Think of the structure of your life as much as the base of a building. The organization provides a strong foundation so you can function safely and efficiently daily. Of course, you’ll experience times that require you to be flexible, but can you depend on… Continue reading 10 Benefits of Organization and Structure
What Are My IRS Appeal Rights?
The IRS says that you have the right to appeal any decision they make about your taxes. But what does that mean? And how do you go about doing it? This blog post will give you everything you need to appeal an IRS decision. So if you feel like the taxman has got you down,… Continue reading What Are My IRS Appeal Rights?