There seems to be a lot of confusion surrounding the fast track settlements program of the IRS, and what exactly this means for the many small business owners who may find themselves...
Posted by Advantage Tax Service on 03/29/2017
After an IRS audit, most taxpayers have to ponder their next course of action, particularly if the proposed adjustment is something they do not agree with. Before going ahead with...
Posted by PB Tax & Accounting Services on 03/29/2017
Nothing is more worrisome for a small business than an IRS tax audit. Even if your accountant is someone you have worked with for years and has done a thorough job on your income...
Posted by Maureen Thielen, EA, MST on 03/22/2017
Time Running Out to Claim $1 Billion in Tax Refunds from 2013Taxpayers who did not file a tax return for 2013 may be one of the nearly 1 million who may be due a refund from that year....
Posted by Emelia Mensa CPA on 03/03/2017
Six Tax Tips for the Self-EmployedSelf-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed:Self-Employed...
Posted by Emelia Mensa CPA on 02/14/2017
If you have unfiled tax returns or unpaid taxes then you may be steering towards an IRS audit. An audit could result in draconian tax sanctions such as a tax levy, tax lien or wage...
Posted by Bottom Line Tax Services, LLC on 02/08/2017
Tax preparation can take a lot of time and effort even if you are an experienced accountant. For businesses trying to take care of their own income tax return, taxes, or interactions...
Posted by PB Tax & Accounting Services on 01/25/2017
If you’re leaving your job and you have a retirement plan (other than a defined benefit (pension) plan), you generally have four options for your account balance:1. Leave your...
Posted by Emelia Mensa CPA on 01/18/2017
Bookkeeping is an integral part of any commercial operation since it helps you to track the flow of your finances. However, it can be quite difficult to get an accurate picture of...
Posted by Michael Coleman Tax & Accounting on 01/18/2017