Running a small business can be very challenging, and that’s without putting taxes into the equation. Even if you do your best, pay and file your taxes time, and report everything the way you should on your tax return, there’s still a chance that you might get audited. Today, the IRS audits less than 1% […]
The Top 6 Small Business Tax Audit Triggers Read More »
You’ve finally submitted your tax return when you discover an error. What should you do if you made a mistake on your tax return and the filed it?
What to Do If You Made a Mistake on Your Tax Return Read More »
Look Out For These 5 Changes When Filing Taxes For Your Federal Refund The 2019 tax season marks the second year of the new tax code. In 2017, the United States government passed the Tax Cuts and Jobs Act (TCJA). Across all tax brackets, the average federal tax obligation decreased by $1,750. Many corporations and
5 Changes To Look Out For When Filing Taxes Read More »
What if you could file taxes without any fear of audit? Most Americans file their taxes with at least a little bit of fear. That’s because they must constantly worry about their chances of getting audited. Fortunately, there are a few easy ways to seriously reduce those chances. By following these easy tips, you can
How to Reduce Your Chances of Getting Audited Read More »
The holidays are long gone and you’ve jumped into a new calendar year. That can only mean one thing: tax season is officially upon us. Possibly the only word that people and businesses dreading to hear more than “taxes” is the words “IRS audit.” Sounds pretty serious, doesn’t it? There are several reasons that the
Being Audited: What Does an IRS Audit Involve? Read More »
When you’re filling out your tax forms, it seems like the easiest questions appear at the top. You have your name, social security number, address, and tax filing status. The filing status seems simple, but the box you check can have big implications on your final tax bill. Tax deductions, tax credits, and your income
How Your Tax Filing Status Will Affect Your Bill Read More »
Have you received a phone call from an IRS agent recently? They may have claimed that you owe a huge tax bill and are facing jail time. They were also trying to scam you. Tax resolution fraud is a booming business. These sophisticated scams prey on people’s anxieties to get them to pay large amounts
Tax Scams 101| 5 Tax Resolution Scams to Watch For Read More »
You get a notice from your employer that the IRS is demanding that they garnish your wages. It’s an embarrassing situation. About 7% of employees have had their wages garnished and 20% of all garnishments are related to unpaid taxes. Read on to learn everything you need to know about an IRS wage garnishment and
Everything You Need to Know About IRS Wage Garnishment Read More »
Are you thinking of filing your tax return on your own? Taxes often seem straightforward until you sit down to do them. But then you’re drowning in tax documents and pulling your hair out trying to figure out what information goes where. If you’re asking yourself, “Should I hire someone to do my taxes?” you
5 Major Reasons You Should Hire Someone To Do Your Taxes This Year Read More »
A New Year and New You is upon you, making it important to employ the best tax tips that could lower your taxes! It’s a New Year and a New You, making it important to employ the best tax tips that could lower your taxes! There is still time for you to use these strategies
New Year New You 4 Best Tax Tips Read More »
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