Fraudulent schemes have been around since the beginning of commerce. Many fraud cases involve complicated financial transactions conducted by ‘white-collar criminals’ who position themselves as legitimate business professionals, or the ludicrous promise of West African riches from a Nigerian prince. Other scams prey on our societal fear of authority, disguised as official correspondence from the… Continue reading 6 IRS Scams and Fraudulent Schemes
Tag: Tax Relief
Top 5 Ways to Manage IRS Debt Effectively
Ok, so you have debt from the IRS. That tax debt is pretty hefty. On top of that, you have all the other bills that you need to pay. This is not fun, to be honest, and the question then becomes how can you manage your debt with the IRS and all of your other… Continue reading Top 5 Ways to Manage IRS Debt Effectively
The Pros and Cons of Being an Independent Contractor
Some independent contractors are consultants, agents, or brokers. Others might be creative professionals, technical wizards who are part of the start-up culture, models and actors, or even part-time Uber drivers. Whether you own a business or are a freelancer who provides services to other businesses, you are considered self-employed. This means you must handle your… Continue reading The Pros and Cons of Being an Independent Contractor
The Best Tax and Accounting Software Programs
Before computers, bookkeepers relied on paper ledgers to record debits and credits, revenue and expenses. Gone are the days of hand-written financial records and mailing in tax returns which we painstakingly wrote on with our most legible penmanship. Machines such as calculators began to play a technological role in the 1800s, by the end of… Continue reading The Best Tax and Accounting Software Programs
5 Things Actors, Models, and Artists Legitimately Write-Off
Every year, droves of actors, models, and other creatives move to Los Angeles with the dream of making a name for themselves in highly competitive film industry. For every successful Hollywood star, there are hundreds of others with grand aspirations who are struggling to make ends meet, working part-time jobs that allow them the time… Continue reading 5 Things Actors, Models, and Artists Legitimately Write-Off