Summer isn't necessarily a time of year to be thinking about taxes, but Rina Risper speaks with A.J. Gross, C.P.A., E.A., and president of ALG Tax Solutions. They discuss how A.J. got his start in the tax industry as well as his current role now. A.J. offers tips for paying tax bills and the penalties that come along with not paying them.

He reviews installment agreements that can be made with the IRS. For many small businesses the issue comes up about home office deductions and the requirements that go along with it, and after going into depth on this point. A.J. and Rina wrap up by discussing ways to make accounting more manageable for individuals and especially small businesses.