The Three Biggest Tax Reform Myths
While folklore and fairy tales are a rich part of human culture, myths have no place in a tax system. Since President Donald Trump’s new tax reform bill was signed into law […]
Tax Advice
Start Preparing For Next Year’s Tax Season
So, tax season is over and you’re feeling relieved. (We were swamped, so we are too!) But this doesn’t give you a free pass to forget about taxes until next year. Now […]
Simple Strategies to Avoid Tax Penalties
Tax penalties: You may be oblivious to some of them, but the IRS will penalize you either way. Being educated about penalties is one’s best defense against them. In this post, we […]
Individual Tax Penalties And What You Can Do About Them
Tax season is finally here! Obviously, the goal is to avoid any and all tax penalties. But if you find yourself in a position where you can’t pay the entire amount you […]
Watch Out! 1099 Filing Penalties Aren’t Exactly Light
Lots of confusion has surrounded 1099s and who should be issued a 1099. Fortunately, this has been followed by many articles clearing up the fog. What we want to talk about in […]
How Does The “Tax Cuts and Jobs Act” Affect You?
What does this new change in the American Tax Code mean to me? Out from all the ruckus has come out a solidified tax reform plan that goes into effect for tax […]
Trump’s Proposed Tax Reform: What Does it Mean to You?
President Trump’s proposed tax plan, which was announced in April and called the “the biggest tax cut” ever by the U.S. National Economic Council Director, would take our country from having one […]
Do You Know The Difference Between An Employee And An Independent Contractor?
It can get a little tricky sometimes in determining whether someone you consistently hire to perform services for your business is an employee or an independent contractor; not to mention keeping track […]
2016 Tax Season is Almost Here!
Happy New Year! Paragon Accountants would like to announce that the 2016 tax season is almost here. The IRS will begin accepting both paper and electronic returns on Tuesday, January 19th. […]
How Should I File?
If you are married you have the option to file jointly or separately on your federal taxes- but which should you choose? While the IRS recommends that married couples file jointly, there […]
8 Reasons to Have Paragon Prepare Your Taxes This Year
It is estimated that about 60% of Americans use professionals to prepare their tax returns. While the majority of tax preparers are honest and experienced, there are an unfavorable few who use […]
Tax Benefits Increase Due to Inflation Adjustments
The IRS recently announced annual inflation adjustments for over 40 tax provisions for the 2015 tax year. With tax season on the horizon, take a look through some of the most relevant […]