Many people frown at the idea of sending their hard-earned dollars to Uncle Sam. So, to cushion the effect of taxes, Uncle Sam provided some relief in form of tax deductions and credit...
Posted by Rosovich & Associates, Inc. on 07/06/2021
The last thing any business owner wants is to be audited by Uncle Sam. Truthfully, the probability of an audit is generally low though some red flags can trigger a business audit....
Posted by Rosovich & Associates, Inc. on 05/29/2021
A small business needs to get its tax right to avoid unnecessary headache with the IRS. The idea is simple – a plain and accurate disclosure of losses, revenues and deductions...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/07/2021
Small Businesses could be referred to as a sole proprietorship, partnership business or corporations with little employees and revenue in comparison with a regular business entity....
Posted by Affordable Accounting Assistance on 01/27/2019
While many people do not see receipt as a big deal, it is not so with small businesses. Savvy business owners need to keep receipts so that their tax returns can have a bearing during...
Tax season is usually hectic for many businesses, with many things to keep tabs on. Of course, running a business is stressful, but adding tax preparation excesses can make it horrible. However,...
Posted by Carmen Garcia on 06/11/2021
Tax is an issue most Americans hate dealing with; yet, no magic can exclude one from paying taxes. However, it might be pretty frustrating having to try your best to fulfill your tax...
Most taxpayers have never had a reason to go to court. Going to court can be intimidating because on the other side of the case is the IRS. Find out how the tax court works and how...
Many taxpayers have concerns about the taxes they pay and wonder if there is a way for them to save on taxes. You will be surprised to know that the best answer to this question lies...