So you have received a dreaded letter from the IRS. Now what? Don't panic and don't bury your head in the sand. There is a way forward.

Whatever your situation, Wooten CPA is here for you when you are ready to get caught up, and the sooner, the better.

Every January 1st I look forward to sitting down and looking at our personal budget. Not everyone does it, but I think it's very informative

If you wait until tax time, it's too late for the majority of your best tax savings strategies.

Many people think that the IRS has the final word, but that isn't exactly accurate.

Many times, simply understanding the notice can alleviate a lot of stress.

If you want to know what the next step should be, it's very helpful to understand the process that the IRS is following.

I have helped many clients through that exact scenario. Fear not, there is a light at the end of the tunnel.

There actually are some things that will increase your chance of an IRS audit. What are they?

There are several ways companies go about doing this, below are some of the most common examples.

You have been entrusted not only with your people and the mission of your organization, but also with the financial resources.

Only clergy benefit from this tax saving tip related to retirement contributions.

For many small businesses, it’s time to get scrappy and entrepreneurial when it comes to cash flow. Here are 31 ideas to make it through.

The headlines say Trump paid only $750 in taxes for 2016 and 2017. Is there political spin? What's the truth?

When done on purpose, these are acts of tax evasion and fraud. However, it is possible to commit some of these acts unintentionally.

The IRS wants individuals to consider taking the home office deduction. The benefit may allow taxpayers to deduct certain expenses.

When you hire a tax preparer, you are still responsible for the return. As soon as you sign it, you are stating that it is true and accurate

Show me someone "doing just fine" without a budget and I'll show you how they could be doing even better financially if they had one.

Do you understand double entry accounting? Can you translate financial statements into business decisions? Is it really saving you money?

By failing to do this you have underpaid your taxes by almost $3,000. Multiply this by 3 years plus interest and penalties = $10,000+