Mug Up - Tate's Tax Tips to Pay Less Tax

With the continued progression of technology, we have more opportunities to automate our decisions than ever before. As our world becomes more complex, we face more decisions and so the extra help of automating SOME of those decisions is a welcomed relief. Often; however, the default option to de...

On November 2, 2020 the IRS issued a release highlighting new or expanded relief options for people dealing with unpaid taxes, penalties and interest.  The recent changes made to the IRS collection policies and procedures provide greater flexibility for taxpayers and should really be considered w...

As we endure a seemingly endless 2020, many self-employed business owners are watching their personal financial resources wither away or are already fully exhausted.  Government stimulus payments and disaster loan programs were fantastic while they lasted, but now they may be gone.  What if there...

The initial election results are just a few hours away from being reported.  After the election night passes, there will likely be more certainty provided to the American public and we can continue making decisions with greater confidence. Each candidate on the ballot had a plan for their campaig...

Don’t worry, this is not another 2020 election rant. Instead it is an invitation to consider your own preference as to how much you are willing to spend for taxes, because you do in fact have a choice, no matter whom is in office. It is estimated that the average adult is confronted with approxim...

What is white, black and arriving at your neighborhood doorstep at the end of October?Children dressed in ghoulish costumes would be a welcomed sight, but for many people it will be a disappointing letter from the IRS. While Halloween can be frightful, the thought of dealing with the IRS can be d...

Living week to week through the current pandemic environment is tough enough, let alone trying to find cash to pay for last year’s tax burden. Whether you are unemployed, underemployed or uncertain about what the future may hold, there is little doubt that life isn’t as easy as it once was. YOU A...

Times are tough, I get it.  As self-employed, small business owners look for ways to keep their cash as long as possible to weather the current pandemic, they are resulting to drastic measures.  Cutting expenses is one way to stretch every dollar a little further, but it does not have to sacrific...