What Triggers an IRS Audit?

What Triggers an IRS Audit?

A tax audit is the IRS or state tax authority double-checking your numbers to make sure there are no discrepancies…
CONTINUE READING
tax planning

Why Is Tax Planning Necessary?

Tax Planning is finding out how much tax you will be paying before you file. The purpose of planning taxes…
CONTINUE READING
10 Reasons Your Business is Losing Money

10 Reasons Your Business is Losing Money

Realizing that your business is losing money rather than making it can be a harrowing moment, especially if you don't…
CONTINUE READING
Best Ways to Avoid an IRS Audit

Best Ways to Avoid an IRS Audit

Nobody wants to be audited by the IRS. Although very few individual taxpayers are audited, for those who are selected…
CONTINUE READING
Financial Planning & Advisory Investment TPI Group Vienna VA

Black and White: Tax Evasion Versus Tax Planning

It seems surprising, at times, that many people confuse the terms "tax evasion" and "tax planning." There is a world…
CONTINUE READING
Top 5 Year-End Tax Tips

Top 5 Year-End Tax Tips

April 15th—the deadline for filing your 2018 taxes—is quickly approaching. Whether you’re still compiling paperwork or you’re breathing a sigh…
CONTINUE READING
Bill Calculator

5 Easy Ways to Have a Stress-Free Tax Season

Preparing to file your taxes is never fun, but if you follow these five simple tips, you will enjoy a…
CONTINUE READING
Breakfast

Do You Know if Your Company’s Meals Are Taxable?

As the 2018 tax deadline looms, many independent contractors and small businesses are working to get their taxes filed on…
CONTINUE READING
Top 5 Pros and Cons of a Health Savings Account

Top 5 Pros and Cons of a Health Savings Account

  Health Savings Accounts (HSAs) are often said to be the solution to our healthcare problems. However, many people who have…
CONTINUE READING
Why Tax Refunds May Not Be the Best Financial Strategy

Why Tax Refunds May Not Be the Best Financial Strategy

During the 2018 tax filing season, the IRS issued approximately $148 billion in refunds. With changes to tax laws, the amount…
CONTINUE READING
Top 5 Tips to Save Money During this Year’s Holiday Season

Top 5 Tips to Save Money During this Year’s Holiday Season

Thanksgiving is almost upon us, which means the holiday festivities are right around the corner. For many people, that means…
CONTINUE READING
Do You Know the Difference Between A Will and A Trust?

Do You Know the Difference Between A Will and A Trust?

  Estate planning takes away some of the stress and worries your family will have after you have passed. All…
CONTINUE READING