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Waiting until the last minute to file your taxes can lead to mistakes and missed opportunities. If you find yourself staring the deadline in the face and still haven’t completed your return, it’s time to hunker down and make the most of the remaining time with these last minute tax tips. Achieve Peace of Mind[…]
Read MoreDoing your taxes can be confusing and time-consuming, especially if you’re self-employed or run a small business. Hiring a tax professional simplifies the process. Experienced tax preparers are not only able to handle your returns, but can also help maximize deductions to get you the greatest returns. How to Choose the Best Tax Professional for[…]
Read MoreIf your business deals solely in cash transactions, the IRS considers it a “cash-intensive business” and may put you under closer scrutiny come tax time. This stems from problems with the unscrupulous reporting practices of many cash businesses, but you can avoid an audit by following these tax rules. What to Do When it Comes to[…]
Read MoreBeing audited by the IRS isn’t something that anyone looks forward to. About one out of every 37 filers earning $200,000 or more and one in 13 earning over $1 million are audited every year. Sole proprietors, individuals who receive tips and those who keep their own books are more likely to be audited. However,[…]
Read MoreSpring means tax time and big headaches for many individuals and businesses. There’s nothing worse than spending a beautiful afternoon hunched over stacks of paperwork trying to figure out exactly what you owe. In 2016, several changes to the tax code could make the process harder, or they could bring a happy surprise in the[…]
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