Entries by David Auer

How the HIT Tax Could Eventually Impact Individuals and Entrepreneurs

Even though the health insurance tax (HIT) has been suspended, what will it mean for taxpayers, and especially entrepreneurs, if it’s finally introduced? The health insurance tax (HIT) is intended as a fee imposed on insurance companies, though its implementation has been delayed by lawmakers since 2015. This year, lawmakers have proposed again suspending it […]

How Entrepreneurs Can Avoid IRS Tax Scams

IRS tax scams continue to occur every year, and scammers update their tactics to be more sophisticated. As an entrepreneur, here’s how to steer clear of these frauds One of the most common types of scams out there is related to alleged tax crimes. These scammers take advantage of the fact that taxes are complicated […]

U.S. Taxes for Ex-Pat Entrepreneurs

Pay close attention to U.S. tax laws even if you live and run your business overseas One of the perks of being an entrepreneur or self-employed worker is that you can live and work from anywhere, including other countries. However, taxes still need to be filed in the U.S., even if you’re living and working […]

Cybersecurity Best Practices for Taxpayers: How to Stay Safe

When it comes to cybercrime, nobody is safe. From government agencies to senior citizens, online scams surge around tax time to exploit human and digital vulnerabilities. April is a busy month for law-abiding taxpayers and the individuals who help them file. It’s also the busiest month for criminals out to exploit the personal data and […]

Tax 101 for Gig Economy Entrepreneurs

Remote and “gig” work are on the rise, and that means there are new tax considerations for this new sector of the workforce Many workers across the nation are taking advantage of the rising gig economy—whether taking on side jobs to earn extra income, like driving for Uber on the weekends, or freelancing full-time. Some […]

Sidestep These Errors to Keep More of Your Tax Dollars

Paper filing. Sloppy record keeping. Missing out on deductions. All these and more could mean you’re throwing money away. Here’s how to make your tax return as financially efficient as possible. There are many ways for a tax return to be filed incorrectly. The IRS offers a list of the 9 most common errors which […]

Should You Sell Your Business to Employees?

Perhaps your employees would make the best next owners of the business. How do make that happen? “I just work here.” This can sum up the perspective of an average employee who does not own stock or have any real ownership in an organization. There’s no tangible investment. Many individuals go to work to earn […]