Blog & Articles

If you’ve received a letter from the IRS, don’t panic—but don’t ignore it either. Most IRS notices are automated and sent when something doesn’t match on your return or when a balance is due. Understanding

We all want to save money on taxes—but there’s a line between smart tax strategy and risky behavior that can land you in serious trouble. Every year, the IRS releases a list of the most

A South Florida Guide for Entrepreneurs and Investors If you’re forming an LLC—or reviewing the one you already have—understanding your options is critical. The right structure can protect your assets, reduce your tax burden, and

If you're frustrated with your current accountant—or starting to feel like something’s off—you’re not alone. We’ve talked to business owners and individuals across Tamarac who say things like: “They’re impossible to reach.” “I get different

If you’re searching for an accounting firm in Tamarac, FL, you’ve probably come across promises like “thousands of happy clients” or “a 50+ person team.” But here’s the truth: flashy claims don’t always equal quality

For Florida businesses, tax planning isn’t just about reducing taxes—it’s about building a smarter, more resilient operation. Whether you run a boutique in Miami, a construction firm in Fort Lauderdale, or a growing business in

Tax season doesn’t need to be stressful—or local. More individuals and business owners in Plantation, FL are discovering the power of working with a virtual accountant who delivers proactive, personalized, and secure tax and accounting

In 2025, staying competitive means staying informed—and that starts with your books. Bookkeeping is more than just tracking income and expenses. It’s the foundation of every smart tax decision, business strategy, and financial forecast you

Running a small business in 2025 is more complex—and more opportunity-filled—than ever before. As the tax code evolves and inflation-adjusted thresholds shift, knowing which deductions you qualify for can make a significant difference in your

Sometimes clients don’t come to us looking for planning or projections. They come to us because something feels wrong—and they’re right. One local business in Plantation, FL came to Polaris Tax & Accounting after years

There’s a big difference between saying you’re a modern tax and accounting firm—and actually operating like one. Many legacy firms have started throwing around buzzwords like “cloud-based” or “digital-first” to sound cutting-edge. They build websites

S corporations are one of the most powerful tax-saving tools available—but they’re also one of the most commonly misunderstood. Every year, we review dozens of S corporation tax returns prepared by other firms that miss

If your accountant has never pulled your IRS transcripts, you’re flying blind—and they’re not doing their job. We recently saved a client from losing a $17,000 IRS payroll tax credit simply because we reviewed their

Most business owners think IRS overpayments are safe. That if the government owes you money, you’ll either get it automatically or be contacted in time. That assumption can cost you thousands. Recently, one of our

The IRS created the First-Time Penalty Abatement program to give taxpayers who have a clean compliance history a second chance. It applies to these common penalties: Failure to File (FTF) Failure to Pay (FTP) Failure