Today’s topic has the benefit of ensuring your Washington “financial fortress” is as airtight as it can possibly be, which has its own advantages. Ah, the wonders of financial documentation… Effective Financial Documentation Strategies For Washington...
For many Washington small business owners, and families, it can seem that the government has simply been throwing money around and not paying attention to what is done with it, or collecting what is due. But if you believe that the IRS won’t come hunting for...
The unfortunate reality is that if you don’t file a tax return — even if you don’t owe any taxes that year — there can be problems. And, that is obviously the case if you do happen to owe taxes. Not only can the federal government stir up...
As the old joke goes, the only two guarantees in life are death and taxes. In these updates, I obviously spend a lot of time talking about taxes. But the other part of that axiom is a subject that most people don’t want to talk about, let alone actively plan for. But...
Every year, the IRS charges tax debtors a boat load of penalties. Just how much? If you’re in Washington and you owe taxes, you should definitely take a look… To put this in perspective, the IRS budget for 2021 is about $12 billion. That means the entirety of...
