In the course of a business, there are times you need to face legal proceedings. Expenses relating to such proceedings, which helps produce income that can be assessed, can generally...
Posted by Flynn Financial Group Inc on 06/24/2021
Tax season is usually hectic for many businesses, with many things to keep tabs on. Of course, running a business is stressful, but adding tax preparation excesses can make it horrible. However,...
Posted by Carmen Garcia on 06/11/2021
It all started as a funny idea that hit us like a fly on a hot summer day. In recent years, the fly has continued to buzz louder and louder and doesn't go away. The billionaires...
Posted by Flynn Financial Group Inc on 06/11/2021
An enrolled agent is someone who has earned the privilege of representing taxpayers before the IRS by passing a comprehensive IRS test covering personal and corporate income tax returns...
Posted by Karen Munoz, EA on 05/30/2021
The Internal Revenue Service can impose a huge number of tax defaulters that do not pay taxes or do not pay on time. These penalties may also include financial penalties imposed on...
For people that want to donate money to a political campaign, it is essential to think if one can deduct it from your tax return. The answer is no, as Uncle Sam specifies that...
Posted by Tucker Accounting Services LLC on 05/06/2021
A tax levy is any collection employed by Uncle Sam and other tax authorities like the state treasury to settle tax debts that people owe.The process involves collecting and seizure...
If you own a rental property, you should know your federal tax obligations. All rental income needs to be reported on your tax return, and the associated expenses can generally be...
It is one thing to get admitted to the school and it is another thing to get the money to pay the fees. Getting into school (college) is an exciting thing. Thinking about the new atmosphere,...