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 amount owed. The taxpayers who can fully pay the liabilities through an installment agreement or...
Preparing year-end reports ought to be the “crowning point” of every business’ financial year. With proper planning, solid accounting practices, and expert financial reporting assistance, the process should be readily embraced and not avoided....
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, we must face the transformation of today’s habits and create a new “normal”. The...
You may have heard Ben Franklin’s famous saying,” ‘In this world nothing can be said to be certain, except death and taxes.” Business owners may not be able to avoid paying taxes entirely. However, there are ways to reduce your tax liability. ...
ACCOUNTING ASSISTANT / BOOKKEEPER – Successful CPA firm! Do you have basic knowledge of small business bookkeeping and payroll? If you are hard-working and have a unique aptitude for figures, we will train you! Are you an exceptional problem...
Tax scams. It may not be a fun topic, but scammers are out there constantly, working their deceitful ways to profit from the unaware or unprepared. Scammers prey on both individuals and businesses and they do so at any time, not just during tax season. ...
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