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black-sand beach at Isaac Hale Park
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Taxes

Could You Be Facing an IRS Audit Soon?

The head of the Internal Revenue Service (IRS) announced in mid-April that the federal agency planned to crack down on tax compliance of wealthy individuals and corporations. When asked for his plans to do so, he noted that the top 1% of these two entities fail to pay...

The Problem with Trying to Maximize Business Tax Write-Offs

Businesses have an obligation to their shareholders to turn as much of a profit as possible. Minimizing liabilities and obligations can be a big part of the company's strategy for maximizing revenue. Taxation can be a major liability for successful businesses, but...