Anytime you earn or receive income, that income is taxed through either withholding by your employer or through estimated tax payments. Depending on how much is withheld from your paycheck, your employment status, and what kind of income you receive, you may be required to pay estimated taxes. Knowing what kind of tax you need […]
Creating an estate plan is an important part of protecting the future of your family. It allows you a say in how your assets are to be distributed following your death. A state distribution of your assets, which occurs if you haven’t created an estate plan, doesn’t offer the same tax advantages that you can […]
Just like people, businesses are taxed based on their income. However, the kind of taxes that are owed by a business and the way in which they file their taxes depends on the type of business structure they are considered. Knowing what kind of business structure your company is will help you to understand how […]
One of the most important factors in protecting your family upon your death is creating an estate plan. By forming an estate plan, you will be able to decide how your estate is divided upon your death or should you become incapacitated. But what exactly is an estate plan and when is the appropriate time […]
Just because tax season is definitely over doesn’t mean that you should be siting idly by waiting for next spring to come around. There is plenty of information out there you can use to equip yourself for the coming tax season, and all of the time in the world to do it. You go about […]
Preparing an estate plan ensures that your assets will go to those you want to receive them after your death. There are two types of documents that are essential to estate plans you can create that will complete this task; a living trust and a will. While serving the same main purpose of naming beneficiaries […]
While it may seem like a long way off, estate planning is the best way to ensure your assets are distributed the way you want. But while you may want certain family members to receive certain aspects of your estate, you also don’t want to leave them with a large tax bill. Many parts of […]
Ensuring that your personal and financial affairs are in order for the future with sound legal planning is the best way to protect your interests. At France Law Firm, we’re passionate about understanding your personal situation to create the legal provisions that are best suited for you. A large part of this is protecting your […]
Contrary to popular belief, tax planning isn’t something that you just leave for the end of the year and again in April. Though it’s easier to pay your taxes and forget about them until next year, a mid-year review can help to make sure that you’re not overpaying. A mid-year review also allows taxpayers to […]
Make sure that the audit is real.
Fraudulent tax examinations do happen, believe it or not, and fake tax audit notices have only increased in frequency in the recent years. If the first contact is something other than a written letter, there is a very good chance that it is not legitimate, and you need to […]
