You have completed all necessary tax documents, including Schedule C and your tax return. Now you discovered a mistake, and an Amended form 1040X will come to your rescue.Form 1040X:...
You do not need to think twice before answering the question of your marital status. The answer can, however, get complicated when you are filing your tax. For tax purposes, the last...
With the next tax season around the corner, you might be wondering if you've paid enough tax this year. Don't worry, we have put together a list of cash flows you can achieve...
Business owners must file their tax and send what is due to the IRS the same way individual taxpayers do it. Companies must pay taxes on their profit alongside withholding taxes from...
Posted by Tim Thompson CPA PLLC on 07/24/2020
The current COVID-19 pandemic that has been affecting millions of American people that lead them to file for unemployment which 30 million already did and more in the future. The Coronavirus...
Posted by Carmen Garcia on 07/17/2020
Aside from taking care of your business, you will probably take on a lot of additional tasks as a small business owner. Tasks for the infancy of your business such as bookkeeping is...
Posted by Flynn Financial Group Inc on 07/16/2020
Most experts suggest that you undergo a regular financial examination every year or after a major life event (such as getting married or a divorce). It is important to follow a system...
Posted by Carmen Garcia on 07/16/2020
Property taxes are an important source of revenue for the city, state, and federal governments, which use the money to finance projects such as schools, road construction, maintenance,...
Posted by Don Bell Law on 07/16/2020
Last April 30, 2020, the IRS Notice 2020-32 was issued, and according to it, there should be no deductions for qualifying business loans that are under the Paycheck Protection Program...