Americans are required to file their annual tax returns by April 15th.However, there are numerous challenges as far as filing your income is concerned.It is generally advisable to...
Posted by Michael Coleman Tax & Accounting on 04/05/2017
A major tax revenue for the majority of countries is courtesy wage income taxes via individual income and payroll taxes. Most industrialized nations have progressive income taxes,...
Posted by CROMWELL & ASSOCIATES, LLC on 04/05/2017
Small businesses purchase equipment to use in offices and to perform services or manufacture a product. It can be difficult to determine whether a piece of equipment should be expensed...
Posted by CROMWELL & ASSOCIATES, LLC on 03/29/2017
The IRS has been much less likely to audit in recent years in part because of cutbacks to their staff and in large part because of past political instructions to generally ignore many...
Posted by Martin Radensky on 03/29/2017
For most taxpayers, the tax code is incredibly complex. If you have a business and have gone through an IRS audit, you probably wonder how to proceed. Especially when an adjustment...
Posted by RONNIE@RLDARDENCPA.COM on 03/29/2017
Fast Track Settlement is a program that the IRS has made available to small businesses and self-employed individuals. This initiative permits qualified taxpayers to settle their debt...
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
Small businesses carry a large burden through the year - especially when they are trying to get their company off the ground. Let's face it...staying afloat can be tough, especially...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 03/28/2017
According to data published by The Wall Street Journal, 3.7 million Americans submitted amended federal income tax returns in 2015. These amends were made to take advantage of tax...
Posted by Kimberly Perry CPA on 03/27/2017