Working The Puzzle From All The Angles
On Behalf of Demetrius J. Karos, Ltd. | Oct 9, 2023 | Tax Evasion
Paying income taxes is a necessity for anyone earning a living in the United States. Most people do their best to minimize how much they need to pay in taxes. Certain tactics, like making charitable contributions right before the end of the year, can diminish...
On Behalf of Demetrius J. Karos, Ltd. | Oct 5, 2023 | Real Estate
If you’re looking to buy or sell a home, you’ve probably heard the term real estate closing. What exactly does this process entail? Familiarizing yourself with the essential steps in residential real estate closings can help to ensure that you don’t skip any crucial...
On Behalf of Demetrius J. Karos, Ltd. | Oct 2, 2023 | Tax Law
There are numerous reasons other than intentional fraud that someone could fall significantly behind on their federal income taxes. Perhaps they allowed their spouse to handle their tax return every year and never realized how they manipulated the figures. Maybe they...
On Behalf of Demetrius J. Karos, Ltd. | Jun 26, 2023 | Estate Planning
Estate planning can be private business that you manage on your own. You are the only one who is in charge of what is included in your plan. You get to make the decisions about what to do with your assets and how to pass them on to the next generation. You can also...
On Behalf of Demetrius J. Karos, Ltd. | Jun 22, 2023 | Estate Planning
When you have worked hard your entire life and amassed some wealth, it is only sensible that you protect it in the event of incapacitation or death. And one of the most sensible estate planning tools you can use to protect your wealth is your will. But, a will can...
On Behalf of [email protected] | Jun 14, 2023 | IRS
Receiving a notice from the Internal Revenue Service (IRS) about an audit is not the most calming situation. Tax issues carry significant consequences, which you may have seen from your loved ones or celebrities. However, an IRS audit does not always mean you are in...
On Behalf of Demetrius J. Karos, Ltd. | May 30, 2023 | Tax Law
Owing taxes to the IRS can feel overwhelming. It can trigger stress and uncertainty, especially if the amount seems unmanageable within your current financial situation. However, the IRS offers several repayment plans designed to help taxpayers manage their tax debt...
On Behalf of Demetrius J. Karos, Ltd. | May 9, 2023 | Estate Planning
You may find yourself worrying about how your heirs are going to spend the money that you leave to them. Perhaps it’s a significant amount of money and you’re afraid that it will take away their motivation to work. Maybe you know that they’ve struggled with certain...
On Behalf of Demetrius J. Karos, Ltd. | Apr 30, 2023 | IRS
Being a small business owner can be challenging. You have to invest in finding the right employees and balancing growth and quality. Besides, you must pay and file your taxes on time and report everything as required on your tax return. Unfortunately, there are...
On Behalf of Demetrius J. Karos, Ltd. | Apr 30, 2023 | Tax Law
Most people are direct-hire employees and have been classified as such ever since their first teenage jobs. They fill out a W-2 with their employer, receive their paycheck and then file a tax return each year in April to get a refund. The system works well for the...
