How to Request a Tax Extension What do you do if you are unable to file your federal tax returns by the April deadline? When you find yourself in this situation, a tax filing extension is usually the best solution to avoid being charged with late payment fees and...
Read moreThe Top Three Tax-Related Challenges For Business Owners in 2016 If you are a business owner, 2016 probably isn’t the best year for you. As far as business owner taxes are concerned, apart from a few changes in taxation and legislation, the challenges remain almost the same as 2015,...
Read moreChanges to the tax law for 2016 As you get ready to file your taxes, there are some changes to the laws you should know about. 1) Health Insurance Under the Affordable Care Act if you do not have health insurance you will pay additional tax. You have to...
Read moreWith over 37 years of experience as a Certified Public Accountant, Terry L. Kime understands the importance of financial literacy. He decided to specialize in tax preparation, financial planning, and investing after obtaining his Master’s Degree in Science of Taxation in 1986 to help people gain more power over their money.