On today's show, Ralph discusses 15 relevant and burning tax season questions to get the answers to before April 17th. Submit your questions or ideas for future shows, tweet us at @askralphmedia or email us at askralph@askralphmedia.com. Like us on Facebook and follow us on Twitter (@askralphmedia) or visit www.askralphmedia.com…
In your rush to file your taxes this year, do not forget to watch out for fraudulent tax preparers. Crooked tax preparers will lure you with the promise of big refunds and easy fixes. Beware that you will be on the hook to pay more money when the IRS catches…
Paying taxes is painful enough. We understand why forking over even more of your hard-earned money to pay someone to prepare your tax return would seem out of the question? If your tax situation is straightforward, a professional preparer is not needed. But for some taxpayers, it is worth spending…
If you’re a small business owner, Tax Day (April 17th) has a wholly different connotation than it does for most of America. While most working Americans, are excitedly anticipating the receipt of a big refund check, small business owners dread the annual scramble to gather their K1s, compile deductions, and…
If you think your tax work is done once you file your return, think again. Now you need to file your tax records. Keeping your tax returns and the documents you used to complete them obviously is critical in case you are ever audited. Good record-keeping also could help if…
An IRS tax audit stands out as one of those events in life that people typically want to avoid. No one wants to sit through a meeting with the IRS and be told that they owe more money in taxes. However, you may be making mistakes when you file taxes…
As many of us file and complete our returns this tax season, keep in mind that the changes as a result of tax reform largely go into effect next year, when you're filing your 2018 tax return in 2019. What you will see this year are changes to your paycheck —…
It’s that time of the year again. The time when Tax Day is fast approaching and you start hearing conflicting things from friends and family about what is—and what is not—okay when filing your taxes. There is a lot of misinformation out there about various deductions, loopholes, and write-offs that…
Nearly 62 million people rely on Social Security benefits each month, making it arguably America's most important social program. Of these beneficiaries, more than three out of five are reliant on the program to provide at least half of their monthly income. Yet for as important as Social Security is…
The recent tax overhaul is taking away some tax breaks and keeping many others. Some deductions will only be available for the 2017 tax year, while others-although available, might not be worth using anymore after this year due to the significant increase in the standard deduction, which will make itemizing…
The U.S. tax code is nearly 4 million words. That is a lot of complicated tax jargon. However, even though the rules are complex, most of the mistakes taxpayers make on their returns are fairly simple. Read on to see if your making one of these 10 common mistakes on…
Identity theft is a crime that is estimated to affect over 9 million Americans per year, with levels on the rise. When an identity thief gets his (or her) hands on your personal information, they gain the power to wreak havoc on your finances, credit and reputation. The bad news…
Though the majority of Americans wind up getting a refund on their taxes, there are also those who end up owing money to the IRS once their returns are completed. If you are staring at a tax bill you know you ca not pay, do not panic. On today's show,…
On today's show, Ralph speaks about common financial mistakes professional women make and tips for making the best financial decisions. Let us be clear: Not all women make these mistakes. Not all men avoid them. But common questions posed to Ralph's firm and other fields denote that there are a…
Deep inside the incredibly large 654-page bipartisan budget bill recently signed into law by Congress are little-noticed extensions of key tax-code benefits that expired in 2016, but now can be used for upcoming 2017 tax filings. If you have already filed your tax returns, you may want to take a…
At the Ask Ralph podcast, we can tell a lot about what is on our listeners' minds by looking into the mailbag, and it is no surprise right now that the big topic is taxes. The W-2s are rolling in, people are beginning to anticipate their tax refunds, and they are…
QuickBooks Online is becoming a staple for the small business owner seeking to manage their accounting and bookkeeping. It can easily cater to the needs of small businesses and as well as major enterprises. Small companies find that its interface is easy to master, bank accounts sync automatically to a…
Taking a look at your 1099s/W2s and realizing you will need more time to file your taxes this year? Confused whether or not you are in a new bracket after Congress passed the new tax law? We’re here to help. To find out what people’s most burning questions about taxes…
Taxes can be confusing. We’re here to help. To find out what people’s most burning questions about taxes are, we have asked listeners to submit their tax questions directly to the Ask Ralph team in time for filing season. On today's show, Ralph answers all your questions from our listeners mail…
Much like the digital camera in the field of photography, technology is changing dentistry as we know it, bringing immediacy, flexibility, and efficiency to dental practices. Furthermore with new technology, practices are experiencing greater productivity, better communications with patients, and a more satisfied staff. On today's show, Ralph speaks with…
Each year, the vast majority of taxpayers receive some sort of refund upon filing their tax returns, and 2018 will probably be no exception. With the fear of government shutdown looming, widespread tax fraud and identity theft on the rise there are more reasons to file early than not if you…
Why is operating with integrity so vital for a business today? With the rise of technology, comes the rise of greater transparency and need for businesses to operate with honesty. Businesses failing to be transparent in their dealings with the public, or those that do not deliver on their promises to…
Owning property is a big part of the American dream for many taxpayers, and it seems the federal government is trying to reward such behavior. The U.S. tax code allows rental property owners take advantage of deductions not available to others. In fact, being able to take advantage of so…
Tax preparation software is preventing more taxpayers from making mistakes on their annual tax returns. Unfortunately, just one entry error on your computer could end up costing you — in the form of a larger tax bill or a smaller refund. On today’s show, Ralph highlights common mistakes made by self-filers…