Allan Rolnick's (taxcoach) Blog

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Industry Observer - TriState Tax Resolution LLC
RECENT BLOG POSTS
        Whether you gamble all the time or only once in a blue moon, you are filled with hope and excitement every time you walk through those casino doors. If you have been gambling for even a little while, you already know that Lady Luck can be a fickle partner. Sometimes the gods of the casin...
06/09/2021
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 This is a story about a boy, a dream, a voice, and a legend. It has no beginning or end but opens under the boundless California sky on a June afternoon in 2009. There's an ambulance speeding down the mansion-lined streets of LA's "Platinum Triangle." In the ambulance, about to be pronounced dea...
05/10/2021
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 Americans love holidays — so much that if we see a blank spot on the calendar, someone is ready to fill it. Usually, it's someone with something to sell: would it shock you to learn that something called the National Retail Federation was behind Cyber Monday? (No, Virginia, there is no Cyber San...
04/27/2021
          A lot of our clients that come to us with back tax problems are self-employed. For one reason or another, they fall behind on their taxes. With COVID-19, small businesses have been hit the hardest, and despite the government stimulus bills, there are still millions of businesses teeter...
04/19/2021
In 2017, country singer Luke Bryan scored a #1 hit with "Most People Are Good." Certainly, most people consider themselves good. Of course, "illusory superiority bias" (also known as the "better than average" effect) means most of us to think we're better than we really are at most everything. On...
03/29/2021
    The rise of freelancing, self-employed, and gig work is one of the biggest labor stories of the last 20 years. More and more workers have been looking beyond the normal nine to five and making their own way in the world, creating an income they can rely on, one that is directly tied to their...
03/26/2021
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 Time to play a word association game: what jumps into your mind when you hear the word "Canada"? If you're like most Americans, it's ice hockey or curling. Maybe it's poutine, that irresistibly savory shotgun marriage of french fries smothered in cheese curds, and gravy that gives Canadians a he...
03/22/2021
 In 1787, the founding fathers gathered in Philadelphia to fix the weak Articles of Confederation, and wound up adopting the first written national constitution on earth. ("A republic, if you can keep it," Ben Franklin said. The jury's still out.) The framers sought to achieve a perfect balance o...
03/15/2021
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 Over the years, we've written a fair number of stories about frustrated taxpayers choosing to cut their bill the old-fashioned way: by cheating. In today's America, which seems more divided than at any time since the Civil War, tax cheats truly cut across all lines — political, racial, religious...
03/08/2021
  People often dream of quitting their jobs and going into business for themselves to pursue a passion and work without a boss. Self-employment can be a rewarding career decision, but it can lead to higher taxes and tax returns that are more complex than what you initially bargained for.  If you’...
02/28/2021
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