Roni Deutch

Very Last Minute Tax Tips

Tax day is so close you can feel the panic in the air as millions of Americans struggle to get their taxes filed on time. Now, I’m sure you already filed your state and federal tax returns, but for everyone else who procrastinated here are a few tips to h... Read >

Tax Breaks for Business Owners

Here we are, deep in the midst of tax season. If you haven’t filed your business tax return yet, now is the time to kick it into high gear. To help you finish strong, here are more valuable business deductions to help you save money on your taxes. Tax... Read >

How to Save Money This Spring

The weather is warming up and tax season is coming to an end. Spring is here, and with summer just around the corner, now is a good time to start thinking about saving money. 1. Plan your Summer Vacation NOW Summer may feel like it’s still a long ... Read >

Filing a Tax Deadline Extension

The deadline to file your tax return is only a few weeks away (April 18 for those who still don’t know). If you have not yet filed your federal return, I highly recommend taking a minute to request an automatic 6 month extension of time to file with the I... Read >

Roni Deutch Debunks The Most Common Deduction Myths

No one wants to pay more in taxes than they have to. This is why we are all rightfully obsessed with claiming every deduction and credit we can. Unfortunately, there are a lot of myths about what is a deductible expense and what isn’t. Read on to find the... Read >

Roni Deutch Explains How The Hollywood Elite Can Avoid Surprise Tax Bills

After working with Survivor: Borneo winner Richard Hatch in my new documentary “Death Or Taxes," I have put together a few simple tips for rich and famous celebrities to stay out of trouble with the IRS. No one, not even actors, musicians, or reality star... Read >

Roni Deutch Explains How to Use Your Tax Refund Wisely

Every year I get asked the same question by taxpayers everywhere: what should I do with my tax refund? Although every person's financial situation is different, I usually suggest the rule of thirds. Devote a third to your past, a third to your present and... Read >

The Most Commonly Overlooked Tax Deductions

2010 was a whiplash year for tax changes, from sweeping legislation to the will-they-won’t-they buzzer-beater debate on the Bush Tax Cuts extension. All those changes mean more confusion than ever. 1. Mortgage Insurance Premiums Although most people... Read >

Short and Long Term Effects of Filing for Bankruptcy

There is a lot of misinformation about bankruptcy out there, so I wanted to explain some of the short and long term effects of filing for bankruptcy. Short Term: Discharge or Restructuring of Debt Filing for bankruptcy can be a difficult and st... Read >

7 Cities With Small Business Friendly Tax Laws

Although some experts suggest that the economy is improving, many small business owners are still struggling, while also nervous about the possibility of an across the board tax increase next year. Fortunately, there are some places in this country that o... Read >

Tax Savvy New Years Resolutions

The New Year has begun and it is a time when people all over the world set goals or resolutions for themselves. Lots of people join gyms or decide to start a new diet, but in addition to resolutions that are good for your health, I think it is a good idea... Read >

IRS Tax Problems and How to Avoid them in the Future

The phrase “IRS tax problems" is a general term referring to when a taxpayer has problems with the Internal Revenue Service, usually resulting from some form of IRS tax debt or owed back taxes. However IRS tax problems can also arise if a taxpayer either ... Read >

6 Reasons to Consider Hiring a Lawyer to Help File for Bankruptcy

Filing for bankruptcy may seem scary, but it can offer relief and the fresh start that many families need in this economy. In honor of my firm’s new service, I have put together a list of advantages of hiring a professional to help you file bankruptcy. ... Read >

Roni Deutch Explains the Most Common Types of Tax Debts

Back taxes – or tax debt – are unpaid taxes assessed against a taxpayer by a level of government (i.e. Federal, State, Local) that are past due. Internal Revenue Service (IRS) back taxes are past due federal income taxes. The IRS assesses back taxes one o... Read >

The Advantages of Investing in a Franchise Business

Opening your own business can seem scary when you are first starting out, but it does not have to be. There are actually plenty of advantages of investing in a franchise business, as opposed to opening a brand new business. 1. Tried and True When yo... Read >