AFS Blog

Filing an extension for your taxes

Many are concerned that filing an extension can cause a red flag or increase chances of an audit.  That is simply not true.  Extensions are used all of the time by families, individuals and businesses. If the gathering of your paperwork is rushed or if you really...

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S-Corp Deduction for Home Office

Taking a deduction for home office expenses is trickier for an S Corp business but it it still a legitimate deduction if done properly.  It is important that you carefully structure the relationship between yourself and the S corporation.  Done properly, the deduction...

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Fake Charity Scams Related to Hurricane Harvey

It is no surprise that criminals are taking advantage of Hurricane Harvey and those generous people that are trying to to help the victims. These scammers often impersonate charities to collect cash directly or use the fraudulent identities to collect personal...

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