As the April 18th tax deadline quickly approaches, last-minute tax filers should make sure they have all their important tax documents before filing a tax return. You should have received a Form W-2, Wage and Tax Statement, from each of your...
Read More
If you’ve recently started a business – or are thinking about starting a business – you should know that as an owner, all eligible costs incurred before you began operating the business are treated as capital expenditures.
Read More
Monday, January 23, 2023, marks the start of the 2023 tax filing season and the date the IRS begins accepting and processing 2022 tax year returns. More than 168 million individual tax returns are expected to be filed, with the vast majority...
Read More
Here’s what small business owners need to know about tax provisions for 2022 Standard Mileage Rates Due to inflation, there were two standard mileage rates in 2022: 62.5 cents per business mile driven (July 1-December 31, 2022) and 58.5 per...
Read More
Penalty relief for struggling taxpayers affected by the COVID-19 pandemic is now available to most people and businesses who file certain 2019 or 2020 returns late.
Read More
Filing an error-free tax return is key to taxpayers getting any refund they are due as soon as possible. Requesting a Tax Transcript From the IRS
Read More
If you discover a mistake on your tax return after you’ve already filed it, don’t panic. In most cases, all you have to do is file an amended tax return.
Read More
Monday, April 18, 2022, was the tax deadline for most taxpayers to file their tax returns, but if you haven’t filed a 2021 tax return yet, it’s not too late. Here’s what you need to do: First, gather any information related to...
Read More
Taxpayers should file their tax returns by the deadline even if they cannot pay the total amount due, but if you can’t, there are several options.
Read More© 2021 ALL RIGHTS RESERVED. WEBSITE DESIGN & DEVELOPMENT BY PIPPIN DESIGN
QuickBooks