by Michael Hogberg, EA | Jul 10, 2024 | Updates
For many taxpayers, particularly those who are self-employed or have significant income not subject to withholding, paying estimated taxes is a crucial aspect of managing their tax obligations. Understanding estimated taxes and how to pay them can help you avoid...
by Michael Hogberg, EA | Jun 26, 2024 | Updates
Mistakes on your tax return can happen, but the good news is that you can correct them by filing an amended return. Whether you’ve discovered an error, omitted information, or received new tax documents after filing, here’s a guide on how to amend your tax return....
by Michael Hogberg, EA | Jun 15, 2024 | Updates
In recent news, a Michigan business owner faced serious charges for allegedly underreporting business income and failing to pay employment taxes. While this case has gained attention, it underscores a broader issue that is unfortunately not uncommon among small and...
by Michael Hogberg, EA | Jun 12, 2024 | Updates
Charitable giving not only allows you to support causes you care about, but it also offers potential tax benefits. Understanding how to maximize these benefits can help you reduce your taxable income and make a more significant impact with your donations. Here’s a...
by Michael Hogberg, EA | Jun 5, 2024 | Updates
Capital gains taxes can significantly impact your investment returns, so it’s essential to understand how they work and how you can manage them. Capital gains are the profits you make from selling an asset, such as stocks, real estate, or other investments, for...