From an income tax, accounting and business perspective, Donald Trump was the clear choice for president. That is why I endorsed him well before the election. My feelings are [...]
The IRS is warning consumers about a "sophisticated" phone scam targeting taxpayers, including recent immigrants, nationwide. Victims are told they owe money to the IRS and that they must pay [...]
Use the right form That would be the Form 1040X, Amended U.S. Individual Income Tax Return. It must be paper-filed, and the box at the top showing which year is [...]
www.chriswhalencpa.com Please take a look and give me your comments. They are much appreciated! Please reach out to me without hesitation with any other tax, business or accounting question. [...]
Understanding your tax obligations is one key to business success. When you start a business, you need to know about income taxes, payroll taxes and much more. Here are my [...]
I get this question often, especially this time of year. Many of us are very generous, but hesitate to claim all of that charitable generosity as an itemized deduction on [...]
Author’s Note: This memo discusses Substantially Equal Periodic Payments (SEPP) as a strategy to avoid early withdrawal penalties. There are other ways to avoid early withdrawal penalties. Please call [...]