Articles

Providing excellent customer service is crucial for any business, but dealing with customer complaints over the internet can be challenging. When responding to customer complaints via email, chat rooms, or other online venues, keep these tips in mind. Be honest....

Looking to minimize clutter? Here are recordkeeping guidelines that will help you do just that while retaining what's important. Income tax returns. Keep these at least seven years. Hang on to the back-up documents, such as Forms W-2, mortgage interest statements,...

Did you receive a big tax refund or owe the IRS a lot of money for 2015? Then it's time to update the form that tells your employer how to calculate your federal income tax withholding. That's Form W-4, Employee's Withholding Allowance Certificate, and here's what you...

How you should treat your IRS tax problem depends on which type it is. There are an almost endless number of variables that could require different actions.  And therefore, it is important to consult with someone who is familiar with your particular scenario. However,...

If you're required to make quarterly estimated tax payments this year, the first one is due on the same day as your federal income tax return. Failing to pay estimates, or not paying enough, may lead to penalties. Here's what to consider. Do you need to make...

How much tax could I save in the best case scenario? In the best case scenario, a taxpayer might qualify for an Offer in Compromise.  This means that a very significant amount of your tax debt could be forgiven - of course assuming the IRS accepts your offer. However,...

Is your business adequately diversified? Relying on too few customers, vendors, or key employees can leave you open to risks that can be catastrophic. Here's what to consider. Customers. Do you depend on just a few customers for the majority of your sales? What will...

Financial literacy is a vital skill in today's world. Will your children be able to handle their finances when they became adults? Here are tips to help ensure the answer is yes. Shave spending. Take the weekly allowance to the next level by helping your child develop...

As a business owner, monitoring operations and dealing with everyday problems no doubt takes up the bulk of your day. But carving out time for a comprehensive review can benefit your business. Here are key areas to consider. Insurance coverage. Automatic renewal may...

Are you planning to itemize on your 2015 federal income tax return? If so, you can claim a deduction for taxes paid. According to IRS statistics, taxes are the most frequently claimed itemized deduction, as well as the largest. But what kind of taxes can you deduct on...