Divorce isn’t the only thing that can be Equitable

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Unfortunately, relationships can be far more complicated than we like. All too often marriages lead to divorce, and whether you see it coming, or you’re blindsided by the Read more about Divorce isn’t the only thing that can be Equitable[…]

Separation extends further than your relationship

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Unfortunately, relationships can be far more complicated than we like. All too often marriages lead to divorce, and whether you see it coming, or you’re blindsided by the Read more about Separation extends further than your relationship[…]

Highlights of the American Rescue Plan Act of 2021

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. As you know by now, On March 11, 2021, President Biden signed into law H.R. 1319 – the American Rescue Plan Act (from here forward referred to as Read more about Highlights of the American Rescue Plan Act of 2021[…]

IRS to Start ‘Operation Hidden Treasure’ – Crypto Income

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The IRS has now turned part of its focus onto the cryptocurrency market, in an attempt to capture tax revenue from unreported transactions.  ‘Operation Hidden Treasure’ in a Read more about IRS to Start ‘Operation Hidden Treasure’ – Crypto Income[…]

Looks like Required Minimum Distributions are back in play — but different

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The one-year suspension of required minimum distributions (RMDs) from certain retirement plans authorized under the CARES Act is over. Meaning persons that are age 72 and older will Read more about Looks like Required Minimum Distributions are back in play — but different[…]

Payroll/Employment taxes are TRUST Funds!

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. In case you’re unaware, here is a reminder that your company/business (You, and anyone with decision making authority regarding payroll matters) are ultimately responsible for remitting the taxes Read more about Payroll/Employment taxes are TRUST Funds![…]

Scams, Fraud, and Hackers in the Time of Coronavirus

With an alarming increase in scams, cybercrimes, and other fraud schemes, we all need to be extra diligent in our actions to protect our businesses, our computers, our children, and ourselves.  Here are some things we need to watch out for and how to stay safe. Virtual Environment Exploits A record number of people are Read more about Scams, Fraud, and Hackers in the Time of Coronavirus[…]

What to do if you just can’t pay the TAX!

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Now that the “2019” Tax Season is officially in the books, its now time to turn your attention to what to do about the tax bill.  You can Read more about What to do if you just can’t pay the TAX![…]