If you think you don't have to pay certain federal penalties or interest, you can request an IRS penalty abatement. If you qualify, the IRS will waive some or all of your penalties.To...
Divorce comes with a series of surging emotions and the last thing on people’s mind, most times is finances. However, you will make several decisions that might directly or indirectly...
Posted by Karen Munoz, EA on 09/09/2021
Of all the tax returns submitted in 2019, only 0.4% were audited, and 80% of the review was done via mail. This rate has dropped significantly in consequent years, and the COVID-19...
Posted by CORE PERFORMANCE on 09/09/2021
Having a cash flow projection can be the difference between a thriving business and filling for a Chapter 11 for small business owners.A study found that 30% of businesses fail because...
Posted by Karen Munoz, EA on 08/06/2021
You might suddenly realize a mistake on your tax return; it is not a cause to panic. Uncle Sam knows mistakes sometimes happen, so there is a provision to take care of this via filing...
Posted by CORE PERFORMANCE on 08/06/2021
Having an up-to=date book is primal to your business success. Freelancers might be able to keep tabs on their bank account to know their business success. However, with bookkeeping...
Most taxpayers are only concerned with completing the filing process as quickly and easily as possible. That being said, when it comes to answering each question, please think carefully...
Posted by Carmen Garcia on 05/30/2021
With bankruptcy, millions of Americans have been able to get out of debt and get a fresh start. It is a legal tool with which people can get relief from debt and comes in different...
Posted by Tucker Accounting Services LLC on 05/29/2021
There has been a lot of talk about tax penalties under the Affordable Care Act (ACA) in recent years. You may have heard of this tax penalty known as "individual mandate."Simply...