Jul 21, 20222 minBusiness Taxes69. The Annual Report: What You Need to Know!What is an Annual Report? An Annual report is necessary because it keeps the company in good standing status as a registered entity. In...
Jul 21, 20224 minPayroll 68. What is Payroll?If you are a business owner, no matter what business you’re in, you probably have or will have employees. In general, Payroll is payments...
Jun 22, 20221 minIndividual Taxes67. Don’t Waste Money on Penalties!Don’t waste money on penalties! Penalties apply when you owe taxes or did not file a tax return or extension. Keep in mind that the...
Jun 16, 20224 minIndividual Taxes66. 1040x Amended (Corrected) Tax return. True Stories (All names are changed)Important! You can correct your taxes for the last three years! Story 1 Clients Alice and Erik came to our office with a recommendation...
May 13, 20224 minIndividual Taxes65. Why the IRS Audits You and What to Do if You Are Audited?If you just received a notice that your taxes are being audited: what does it mean? A Tax Audit is an accounting procedure where the IRS...