You know what’s crazy too about exit planning or succession planning is when we have clients who are setting up their business, starting it with a partner, we make sure that in their agreements, how do you dissolve this? Everyone’s gung-ho that they’re gonna conquer the world and their business is gonna take off, which Read More

So an enrolled agent is a federally authorized tax practitioner. Enrolled agents have the same authorization as a CPA and a tax attorney. When it comes to representation with the IRS, what’s really unique about an enrolled agent, aside from the fact there’s really only 53,000 practicing in the United States, is that they’re educated Read More

One of my favorite success stories of dealing with the IRS was pretty early in the stages of my career where a client was referred to me that was in the middle of an audit, and he had been working with the tax attorney for over a year. It was a very simple audit. Certain, Read More

What I would say in regards to the topic of exit planning is a lot of people want to decide to, let’s say, sell their business. Okay. And if they wanna sell it, if it’s a saleable asset, normally exit planning, we would plan three to five years in advance to make the company and Read More

We had a client for over 10 years that came to a point where he was selling his business and in the negotiation process as his CPA firm, we were able to determine different add-backs that he could get while he was negotiating and got him more in sales price than he originally asked for. Read More

Toward the end of the year, prior to the end of the year. What a lot of clients do is they can figure out a way to strategize how they take an income at the very last month of the year and how they take or expend expenses. Expenses. Uh, theoretically they can purchase stuff Read More

We have a lot of international clients. They’re actually my favorites to work with. And international tax is very quirky and it does require a lot of detail. Personability getting to know the taxpayer and getting to know their situation. We deal with situations where they’re repatriating expatriating. Some have citizenship in the United States Read More

I had a gentleman who was referred to me and he came into the office and he put this stack on the desk that he had not filed in 20 years, and I told him to relax and we did all 20 years. In this case, he didn’t owe any money at all or any Read More

So it looks like there be some relief for like the teachers and other people out there that spend are, are on these positions and spend their own money that they are gonna get, be able to benefit that regardless of whether they itemize or not. Yes, there’s been a $250 credit for that, an Read More

What do you feel when you get a letter in the mail that says, audit? Panic, worry. We take care of audits all the time. This is what we do. You do not have to worry about audits. We will come with great results and everything will work out. Do not panic.