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 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 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...
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...
When it comes time to expand your family, adoption can be a viable option to make that situation a reality. However, it can also be an expensive process that may take several years...
The auditing process can seem scary. Most people worry that they are going to lose everything if the IRS ever audits them. They may hope and pray that they will never need to go through...
There are numerous reasons why the IRS may decide to do a tax audit on your return. Most of these are just to check out that the information you provided is correct. In other cases,...