2020 is going to go down in history as the year of COVID-19. The World Health Organization officially declared COVID-19 a pandemic on March 11, 2020. Since then, tales of closed businesses, lost jobs, and …
individuals
Susan was part of a multi-member limited liability company (LLC) that had purchased a building in an underprivileged area. They were renovating it and hoping to turn a profit in the future. In their founding …
If you are a resident of Philadelphia, you probably know a thing or two about taxes. On top of federal and state taxes, Philadelphians pay extra for alcohol, sweetened beverages, owning a dog, and sporting events. You …
The Tax Cuts and Jobs Act which becomes effective in the 2018 tax year, translates into a potential 20% tax reduction for qualified business profit from pass-through entities such as s-corporations, limited liability companies, partnerships, and sole …
Some individuals and businesses owe more tax than they have funds to pay in full. If you want to avoid the IRS from taking away your assets, they have installment plans that will allow you …