top of page

The Liberty Blog


Estate or Beneficiary: Who Picks Up The Tab?
Estate or beneficiary: Who Picks Up The Tab? Is the estate or beneficiary responsible for paying income taxes on items of income? Well, it depends on who receives the income.
May 172 min read
Â
Â
Â


Receipts, Regrets, and Refunds: A Tax Season Post-Mortem
Receipts, regrets, and refunds. What went wrong this tax season and what you can do to improve next year.
Apr 183 min read
Â
Â
Â


Will the IRS Take a Bite Out of Your Legacy?
Will the IRS take a bite out of your legacy? Know the basics of estate taxation so your heirs can keep more of your hard-earned income.
Apr 122 min read
Â
Â
Â


Bona Fide or Bust: Qualifying for the Foreign Earned Income Exclusion
What you need to know to claim the FEIE under the bona fide residence test.
Apr 53 min read
Â
Â
Â


Self-Employed Tax Tips: How to Reduce Your Tax Bill...
This quick and easy guide will note tax tips for self-employed individuals.
Mar 153 min read
Â
Â
Â


PFICs Made Simple: What Investors and Taxpayers Need To Know
Liberty Financial Solutions, LLC : We worry about the IRS so you don't have to... PFICs Made Simple... CPA Dallas-Fort Worth Metro Area...
Mar 83 min read
Â
Â
Â


Filing Your Taxes: What You Need To Know
As tax season gears up, here's what you need to know about filing your taxes.
Mar 13 min read
Â
Â
Â


5 Common Mistakes Made by Taxpayers
Avoid these common mistakes made by taxpayers and stay off the IRS' radar!
Feb 12 min read
Â
Â
Â


What if I have a Foreign Bank Account?
If you own foreign assets, you need to make sure you comply with foreign reporting requirements. This guide will bring you up to speed.
Jan 83 min read
Â
Â
Â


What is the Employee Retention Credit?
If your business qualifies for the ERC, you may be entitled to thousands in income tax relief.
Dec 20, 20242 min read
Â
Â
Â


End of Year Crypto Tax Strategies
Here's a simple end of year crypto tax strategy to maximize your tax savings.
Dec 1, 20243 min read
Â
Â
Â


End of Year Tax Considerations: Tips to Maximize Your Savings
This quick and easy guide will give individuals and entrepreneurs things to consider when maximizing tax savings.
Nov 25, 20242 min read
Â
Â
Â


How to File Late or Corrected W-2's
This quick and easy guide will tell you what you need to know when dealing if you need to file delinquent or corrected W-2's.
Nov 16, 20242 min read
Â
Â
Â


Preparing for an IRS Audit related to Crypto:
Preparing for an IRS audit related to crypto. What you need to do to protect yourself.
Nov 3, 20242 min read
Â
Â
Â


Maximizing Tax Benefits Abroad: Understanding the Interplay Between the FEIE and FTC
Can you claim both the foreign earned income exclusion and foreign tax credit? Yes, but, there are pitfalls to watch out for.
Oct 14, 20243 min read
Â
Â
Â


S Corp or LLC? The Pros and Cons of Each
One of the most important decisions business owners can make is the right operating structure. Should they choose an S Corp or LLC?
Sep 14, 20243 min read
Â
Â
Â


Tax-Efficient Retirement Strategies For Self-Employed Individuals
If you're self-employed and need to plan for retirement and optimize your tax savings, check out this brief blog post.
Aug 31, 20243 min read
Â
Â
Â


FBAR Reporting Requirements: Everything You Need To Know
Understanding FBAR filing. Do you have interests in foreign assets? If so, you may be subject to FBAR filing requirements.
Aug 10, 20242 min read
Â
Â
Â


International Taxation: 3 Considerations for U.S. Citizens
This quick excerpt gives a brief introduction to international taxation and key things U.S. citizens need to consider.
Jul 28, 20243 min read
Â
Â
Â


The Advantages of S Corporations
This quick and easy guide will provide some of the benefits of operating as an S corporation.
Jul 6, 20243 min read
Â
Â
Â
bottom of page