The deadline for filing income tax returns is fast approaching (April 18, 2023), and many taxpayers may be considering filing a tax extension. Doing so will give you extra time to gather financial information and avoid a late filing penalty. Here’s what you need to know. 

Filing for...

Self-employed individuals enjoy the benefits of setting their schedule, choosing which projects to work on, and earning as much as they choose. But working as an independent contractor poses unique tax challenges. By consulting an experienced tax professional, you can understand your tax liabilities and filing deadlines and avoid tax penalties....

The IRS recently announced that it would begin accepting and processing tax returns on January 23, 2023, so it’s time to get your papers together before meeting with your tax accountant. Knowing what documents to bring can help your tax preparer work to avoid errors, lower your tax bill, and even...