There is nothing quite as stressful as owing the IRS money that you don’t have. It seems like the IRS is this big scary agency that has the ability to ruin your life. They do have power to get the money they are owed, whether you want them to or not. They have the power…
Going through a divorce can be a devastating process. One thing that can make the process even more excruciating is to have built your small business from the ground up and knowing that it is considered an asset that will be divvied up with your former spouse. If you aren’t careful, you can also end…
If you are like most people, when you lose someone you love, the last thing that is on your mind is what to do about paying taxes for that person. However, when tax season comes around, this is something that needs to be addressed and can leave those left behind wondering what to do about…
If you are getting ready to hire an employee, you want to make sure you aren’t going to invest a significant amount of money into training and hiring them to find that they turn around and leave you high and dry. These kinds of situations can totally be avoided when you use a written employment…
There are many major life events that are exciting and even sometimes terrifying. Any way you cut the cake, anytime you are going through something life changing, it can be all encompassing. Not only do these events change your life, but they can also change your finances and your taxes as well. Mecham Dicus &…
If you are like most people, you are looking for as many tax deductions as possible since that is what will lower the amount of money you earn that is subject to federal income tax. A deduction will also lower the amount of money you owe if you end up in that position come tax…
The year 2020 has been challenging. With unemployment at an all-time high and many businesses struggling to survive, the last thing we need to worry about is changing tax laws. While it’s certainly true that most changes in tax laws don’t typically benefit taxpayers, there are some changes that you could find beneficial this tax…
When you want to start a business you will have a number of different business organizations to choose from. You will need to step up your business to align with your company’s service and goals. There are certain aspects of a business that will determine which business you will fit under. There are four major…
With the end of the year quickly approached, there is no better time than now to think about ways to lower your tax bill. As you plan for the end of the year, you will also be reflecting on how the pandemic has affected your business finances. There are several new tax rules that you…
With all the challenges that we have faced this last year, it leaves many people in a completely different financial situation than they were in at the beginning of the year. COVID-19 has been devastating for many people and could leave them wondering where that leaves them as far as their taxes go. Mecham Dicus…
