It is a legal requirement that the Internal Revenue Service occasionally examines your tax return to verify that your income values and details on deductions are correct. In such a...
By Asharp Bookkeeper
Knowing little regarding tax preparation does not mean you should be careless about it. You may not understand the processes or the documents, but be sure to...
We all have that one activity we love to do. It is something used to take our minds off the stress of the day; it is our escape. However, there comes a time when this activity becomes...
One of the simplest methods to reduce your corporate taxes is to hire independent contractors. A business does not have to withhold any amounts from payments made to independent contractors...
The US tax system is continuously growing as the government is constantly adding new rules to close loopholes and increase tax revenues. Yet, there remain many strategies people can...
Before you hire a tax professional, you should sit down with them and conduct a small interview to help you decide whether or not they are right for you. Sometimes, tax professionals...
Saving tax dollars is an art. Filing taxes in time can save you from penalties. Making timely tax installments can also save you from penalties.
In Canada, personal tax return is...