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...
As per federal law, employers must withhold a specific amount from their employee salaries and wages and remit them to the Internal Revenue Service (IRS) as income and payroll taxes. An...
Posted by Maureen Thielen, EA, MST on 03/29/2017
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
According to the law, an employer must withhold payroll taxes and federal income from the wages paid to employees and pay that sum to the IRS. Such taxes that are withheld are known...
Posted by Valderas Financial Solutions LLC 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
The Internal Revenue Service (IRS) has recently intensified its focus on payroll tax crimes. Led by its watchdog, the Treasury Inspector General for Tax, the IRS released a report...
Posted by Joseph J. Gormley CPA on 03/28/2017
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
With tax season upon us, it is important to consider potential write offs and deductions that you may be eligible to claim this year. Additionally, if you have already filed but your...
Posted by RONNIE@RLDARDENCPA.COM on 03/22/2017
Taxpayers can reduce mistakes when filing their annual returns by using tax preparation software. Making a mistake while filing taxes can result in a higher tax bill or a lower tax...
