There is a simple way to reduce your tax debt. Do you want to know what it is? Drum roll please. . .request the IRS to reduce your penalties. Yes, that it is. No, it is not applicable all the time, but for certain penalties and under certain scenarios, it works pretty well. It actually…
First let me congratulate you on deciding to tackle your tax debt. You won’t believe the amount of people that just want to bury their head in the sand (ostrich style) and forget about it. I am glad you are not one of them. So now let’s talk about another important step you need to…
You know the scene. You have seen it in hundreds of movies. Boy finally works up the courage to call his crush. When she answers the phone, he freezes. He opens his mouth, but nothing comes out. He can’t find his voice. She says “hello” several times, but he doesn’t respond. Girl hangs up the…
I love to cook and learn new cooking techniques. One of those techniques is the concept of “mise en place.” It is a French phrase, which means “everything in its place.” Every chef and professional kitchen implements this concept. The idea is that you prepare your cooking station before you start cooking. Make sure you…
One of the first things we do when we go into business is to get business cards and create a website (our online business card and lead magnet). And when we create our business website, we not only worry about making sure it is aesthetically pleasing for the Internet user, but also for goggle and…
I lost count of the time number of times I heard, “But why do I need a lawyer?” or “If you use this product you won’t need a lawyer.” And the silent response in my brain has always been the same: “YES, YOU NEED A REAL LAWYER.” But now is time to say mea culpa,…
Recently a Chinese court issued yet another blow to the notion that your brand is protected worldwide once you file a trademark in your home country. Let me tell you the story. Have you ever heard of Michael Jordan? Yes, that world-renowned basketball player who won a gazillion rings in the ‘80s and ‘90s and…
A phrase that is often over-used is “going pro.” I lost count of the many times that I read articles telling me to organize my office, have a set schedule, blog consistently, and then I can show that I have gone pro. Well, guess what. The fact that I show up every day means that…
Last week I had the pleasure to speak to Darilyn from DAQS Group regarding the top five taxes you need to think about when investing in the U.S. If you are thinking about investing in the U.S. and want to avoid getting an unexpected tax bill click on the link below to learn more…
For those of you that know me, you know I am a self-proclaimed tax geek. I love taxes! There, I said it. I love tax law just as much as chocolate. (Okay, there are times when I love it more than chocolate, but shhhh – don’t tell anyone. There is no reason to increase my…