In my lifetime, I’ve made LOADS of serious financial gaffes!   Rather than beating myself up about how stupid I’ve been, I’ve tried to adopt a mistake-positive philosophy.  As I said, I’m not proud!  So today I’m going to try to rectify things by showing you what a big idiot I’ve... The post My Top 8 Biggest Financial Mistakes appeared first on Alba Translations, CPA ..read more

There are millions of taxpayers in the US who hold wage-paying jobs where income taxes are withheld from their checks based on the information provided on Form W4 to their employer. But what if you don’t have a job where there’s withholding? That’s the case... The post 4 important tax matters for self-employed taxpayers appeared first on Alba Translations, CPA ..read more

  How to improve your credit score instantly. Dear Alba Translations, CPA, Thanks for offering your advice on fixing my credit score. I have a 626 credit score and am looking to improve my credit profile in preparation for purchasing my first home. I read... The post Improve your credit score, instantly! appeared first on Alba Translations, CPA ..read more

2018  Tax Planning Ideas & Updates To Our Clients and Friends: Over the past several months, we’ve digested the many tax law changes brought by the Tax Cuts and Jobs Act (TCJA). These changes bring a host of uncertainties as well as 2018 tax planning... The post 2018 Tax Planning Ideas & Updates appeared first on Alba Translations, CPA ..read more

  LLCs Explained – Liability Protection of Personal Assets If you’re starting your own limited liability company (LLC), one of your main reasons for doing so is likely the LLC’s liability protection of personal assets. Much like a corporation in this way, an LLC shields... The post Liability Protection of Personal Assets appeared first on Alba Translations, CPA ..read more

  NJ LLC Annual Report Filing Requirements If you’ve just completed the formation process to start your new limited liability company, there is reason to celebrate. However, it’s important to remember that after the initial paperwork is filed, New Jersey requires some ongoing reporting to... The post NJ LLC Annual Report Filing Requirements. appeared first on Alba Translations, CPA ..read more

WITHDRAW, CANCEL, OR DISSOLVE A BUSINESS IN NEW JERSEY When a business entity is closing its operation in New Jersey, steps must be taken to dissolve a business in New Jersey and remove the entity from the tax and public records. Technically, domestic corporations will... The post WITHDRAW, CANCEL, OR DISSOLVE A BUSINESS IN NEW JERSEY appeared first on Alba Translations, CPA ..read more

Choosing the right business entity and the business tax filing implications. The business structure you choose will have legal and business tax filing implications. To get the most out of your small business, choose the right structure.  Therefore, selecting the right type of company or... The post Choosing the right business entity and the business tax filing implications. appeared first on Alba Translations, CPA ..read more

TAX SAVING STRATEGIES – SALARY vs. DISTRIBUTIONS.   TAX SITUATION Every year I get asked by my clients: How can I save money on my taxes and not get in trouble with the IRS? What the right mix of salary and distributions from my S-Corp?... The post TAX SAVING STRATEGIES – S-CORP SALARY vs. DISTRIBUTIONS. appeared first on Alba Translations, CPA ..read more

In my lifetime, I’ve made LOADS of serious financial gaffes!   Rather than beating myself up about how stupid I’ve been, I’ve tried to adopt a mistake-positive philosophy.  As I said, I’m not proud!  So today I’m going to try to rectify things by showing you what a big idiot I’ve... The post My Top 8 Biggest Financial Mistakes appeared first on Alba Translations, CPA ..read more