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HOT TOPICS

UNDERSTANDING THE RULES OF THE GAME

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As a business owner or taxpayer, you must understand general rules in order for you to minimize the taxes you owe. Below is a list of "hot topics" explained in "English," that will provide you with valuable need-to-know information.

Does your main/only income come from a job where you receive a W-2? If so, this probably doesn't apply to you. However, if you receive any investment, flow-through (from K-1s), or other type of income, you could be subject to large penalties and interest on April 15th if you don't make tax payments as you earn the income!

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