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One of many concerns you have while filing your tax return is raising a red flag to the IRS to be audited. You can’t 100 percent protect yourself from an audit because sometimes it’s just the luck of the draw, but you can lower your odds of being audited by following the provided tips below. 1. Understand the selection process Like mentioned above, sometimes it’s just the luck of the draw that...

The Original Chicken-N-Rice was founded as a fried chicken restaurant with an Asian twist on August of 1989. Their first location was opened at Northwest Highway and Webb Chapel Extension under the name Chicken N Rice. Although their concept is simple, offering steaming hot chicken wings and fingers at a low price with speedy service, their unique product and providing excellent customer service...

If you’re working like crazy and still just squeezing by, living paycheck to paycheck. Don’t worry, you’re definitely not alone. An overwhelming 78% of the US population, those being full time employees share this in common with you. When you’re just starting off your career and learning to be independent, long-term financial planning and security is usually not your top priority. Paying rent and...

Brooks and Bradley Anderson are East Dallas-based brother who had the good fortune to be raised by their French grandmère, Ma. They were bred with love for reading, culture, travel and an appetite for food an drink which lead to the creation of Boulevardier, Rapscallion and Veritas Wine Room. “neo-bistro” Boulevardier Boulevardier is a French-Inspired, Neighborhood-Friendly Bistro located in the...

Jon Alexis, owner of TJ’s Seafood Market & Grill opened Malibu Poke on November 28th, 2017 in Turtle Creek Village. Poke, is raw fish served in a bowl that has been popular in Hawaii for centuries. Malibu Poke offers the freshest fruits, herbs and veggies from local farms to create the better bowl of poke. The menu includes “classic” poke bowls and a few signatures bowls with ingredients like...

Choosing to retire is one of the biggest financial decisions you’ll ever make. Giving up your salary means having to live from other sources of income, and if you haven’t planned extensively, then you might not even be aware of the resources at your disposal, let alone how much money they might provide toward your support. By considering the following questions, you’ll be in a much better...

Beneficiaries of a trust typically pay taxes on distributions they receive from the trust’s income. However, they are not subject to taxes on distributions from the trust’s principal. When a trust makes a distribution, it deducts the income distributed on its own tax return and issues the beneficiary a tax form called a K-1. The K-1 indicates how much of the beneficiary’s distribution is interest...

Americans living abroad are still required to file US taxes. The US is the only country that requires its expats to file. It is because the US taxes based on citizenship rather than on residence. This leaves the millions of Americans who work abroad at risk of double taxation, paying taxes in both the country where they live, and to the US, on the same income, as the US requires all its citizens...

With several of my family members working in the education field, I know it will be only a matter of time before I’ll get tweets and Facebook shares on the back to school deals they find. Depending on where you live, your state may be offering a huge savings with a sales tax free shopping weekend on specific purchases. With state sales tax ranging 4-7%, that means more money in your pocket. Dates...

Millions of people enjoy hobbies that also provide a source of income. From catering to cupcake baking, crafting homemade jewelry to glass blowing – no matter what your passion is, there will likely be tax repercussions. Some taxpayers are surprised to learn that they must report income earned from hobbies on their tax return. The exact rules for reporting income, as well as deducting expenses,...