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Reduce Your Tax Liability With Tax Credits
There are two ways to decrease your tax liability. The first way is to increase your tax deductions and the second, is to pay attention to tax credits. What are...
Can’t Afford To Pay Your Federal Income Taxes This Year? You May Be Eligible for an Offer in Compromise from the IRS
An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service (IRS) to settle a taxpayer's tax liabilities for less than the total...
Keeping You Up To Date Regarding IRS Delays
The Taxpayer Advocate released their report on the state of the IRS, National Taxpayer Advocate 2021 Annual Report to Congress. You may find that this is an...
What You Need to Know Before Starting a New Business
You want to start your own business because you believe in the "American Dream" and see an opportunity for success and prosperity. Although you may be aware that...
IRS Tax Notices Explained
After you file your taxes process all of your W-2s and 1099-Cs, you feel a sense of relief. That is until you receive correspondence or a notice from the...
The ABC’s of Preparing Year-End Financial Reports
Preparing year-end reports ought to be the "crowning point" of every business' financial year. With proper planning, solid accounting practices, and expert financial...
Your Business’ Bottom Line
Small Business changes imposed by the coronavirus have been difficult to endure to say the least. Everything that we knew as "normal" went away and now,...
Two Major Things Small Businesses Want From Their CPA
No matter the size of the operation, all forward-thinking business owners employ the services of a Certified Public Accountant (CPA). As a business grows and becomes...
How to Overcome 9 Financial Challenges Facing Small Business
Let's face it. Small business is challenging. You have goals and a great vision for success. But there is so much to do! You have people challenges, competitive...