Why do I have to pay taxes? Such a small, interesting question opens the door for a barrage of follow-ups. What are taxes? How are they used? Do we need those things? Are there better ways to pay for them? If you know the answers to these questions, you might have a bright future in politics. [...]
It is not uncommon to hear about individuals with "side hustles" or secondary income sources.  Almost half of working Americans have a gig outside their primary job with the average side hustle bringing in $1,100 a month. While many people are quick to jump on the opportunity to earn more money, just as many fail to properly [...]
You know when you go on vacation or are over the road for extended periods, and you come home, and the mailbox is SO full you can barely open it? Well, with the global pandemic going on with COVID -19, the IRS has tons of mail. No, they weren’t on vacation, but due to the pandemic, [...]
Got assets and need cash? As a Senior Analyst for Abacus CPAs, I have seen this all too often. Business owners, like you, get the short end of the deal. You spend a ton of money to build, buy, and add on to facilities for your business, and at the end of the year, you still [...]
