While a vast majority of taxpayers do not have to worry about getting audited, there is still a chance that you could be audited. Especially since these audits are deemed by the IRS...
When opening a restaurant, you have multiple items on your mind. This can include setting up the equipment, choosing a menu and of course, handling the administration and bookkeeping....
When you start a new business, there are plenty of considerations that you need to take into account. One of the areas is taxes. However, it is not just one type of tax, but several...
When it comes to handling the finances of your business, it is important to keep in mind that you might not be able to serve as both your bookkeeper and business owner. So how can...
When it comes to receiving a notice from the IRS, it can be a stressful situation for a small business owner. If this is notice saying that you are getting audited, it can be an anxious...
When you are a massage therapist, you are assisting others to reduce their stress levels. However, your own stress levels may go up when it comes to dealing with your taxes and the...
Being self-employed can bring a great deal of freedom, both professionally and personally. Along with that freedom, you are now responsible for handling all of your own expenses. By...
Preparing your own tax return can be a confusing and frustrating task, especially as you move into a higher income bracket or have multiple deductions, credits and capital gains or...
Many small business owners often wonder if there is a benefit to incorporating their business. Yet by incorporating your business, you can receive several tax benefits to reduce your...