6 Consequences of IRS Tax Debt
Tax evasion is a major issue in the United States today. In fact, about 1 out of 6 dollars owed in federal taxes isn’t paid[1]. Furthermore, the amount of unpaid taxes each year is around three-quarters the size of the entire annual federal budget deficit. Both individual taxpayers and business owners commit this crime. Are […]
Tax-Saving Tips for Solopreneurs
Taxes are important in building a nation. But, let’s be real. Any solopreneur would want to enjoy and learn tax-saving tips for their operations. Saving a certain amount from your taxes can help you allocate more funds toward running your business. So, here are some tax-saving tips for solopreneurs you can use. 1. Choose […]
Old Tax Records: How Long Should You Keep Them?
Congratulations! You’ve successfully filed your taxes so you can forget about them for a while – unless, of course, you got a filing extension. But, what should you do with all the tax records scattered across your desk? Do you need to keep them? Or can you throw them away? Generally, the IRS has up […]
Tax Mistakes That You Need to Avoid
Filing your tax returns is easier said than done. There’s plenty of room for error when filing your tax returns. Tax mistakes may lead to huge consequences – from penalties to having the IRS reject your return. The worst-case scenario is having the IRS conduct a tax audit on you. So, what are these tax […]
4 Reasons Why Your Small Business Needs Professional Tax Preparation Services
For some business owners, particularly those operating small businesses, hiring an accountant or professional tax preparation services, may feel like an unnecessary expense. However, seeking the expertise of a tax pro can save money, time, and potential legal complications. Still not convinced? Below, we list down 4 reasons why your small business needs professional tax […]
3 Ways to Maximize Accounting Help from a Professional
Need accounting help? Get more out of working with a professional with these tips! Still on the fence about hiring a professional accountant? Working with an accountant is a great decision for your small business. Here’s why. One, a professional can handle complex accounting issues with ease. This means you get more time to focus […]
5 Common Tax Myths You Should Ignore
There’s a lot of misinformation and myths out there about taxes, and blindly following someone else’s bad tax advice could get you into trouble. Here are 5 of the most common tax myths – and the facts behind them.
Is Your Business Getting an Audit From the IRS? How a CPA Helps You Defend Your Financial Actions
Here’s how having a business accountant take over your payroll gives you one less thing to worry about.
A Business CPA Can Help With Payroll and Keep You Out of Trouble With the IRS
Here’s how having a business accountant take over your payroll gives you one less thing to worry about.
How a Business CPA Helps You Manage Your Bills
Here’s how a business CPA helps you manage your bills.