Money Matters
Get legal advice on how to take control of your personal finances, whether you're tackling student loans, medical bills, taxes, or bankruptcy.
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What Are the Penalties for Not Filing Taxes?
Failing to pay your taxes can come with a variety of serious penalties, fines, and possible criminal charges. Don't let your tax return sit on the back burner.
· 5 min read
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What Is the Qualified Business Income Deduction?
The QBI deduction allows eligible individuals to deduct qualified business income from their taxable income. Find out it can provide your business with valuable tax breaks.
· 4 min read
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What Is a PTIN Number? and Does Your Tax Preparer Have One?
Having a PTIN alone isn't an indication of a tax preparer's skills or experience, but it does show they've at least complied with the minimum requirements to charge for their services.
· 3 min read
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What Are the Benefits of Pass-Through Taxation?
One of the main tax benefits of electing a pass-through business structure is avoiding double taxation. Business earnings are only taxed once, on the owner or shareholder's personal tax return.
· 5 min read
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What Are the Tax Benefits of an LLC?
An LLC offers several tax benefits, including simply having the flexibility to choose how you want the entity to be taxed.
· 3 min read
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What Are Estimated Quarterly Tax Payments?
Quarterly estimated tax payments are one way the IRS makes sure you pay-as-you-go. Here's an easy guide to help you get it right.
· 4 min read
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What Is a 1099 Form? What to Know as an Independent Contractor
Received a 1099 Form in the mail? You'll need it to complete your tax return as an independent contractor.
· 4 min read
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What Is MACRS Depreciation?
Most long-term assets you use in your business must be depreciated using the MACRS depreciation method—at least on your tax return.
· 4 min read
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What Is Mello-Roos? the Ultimate Guide to This California Tax Law
If you have questions about Mello-Roos, we have answers. This California tax on properties is controversial and often misunderstood.
· 6 min read
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What Is Current Ratio and How to Calculate It
Current ratio is a measure of a company's liquidity, or its ability to pay its short-term obligations using its current assets. It's also a useful ratio for keeping tabs on an organization's overall financial health.
· 3 min read
