If you are a business owner or earn money as a freelancer, you must pay estimated quarterly tax payments to avoid fines and interest. Here's how.In this article, we will explain: ...
In 2015, Congress adopted a centralized audit regime for the partnership (the partnership audit rules) that assesses and collects federal taxes due to a partnership-wide audit entity....
Posted by Elliot Kravitz, ATP on 02/25/2020
Business insurance protects companies against losses due to events that may occur in the ordinary course of business. There are several types of business insurance, including legal...
Posted by LLOYD J CAZES CPA on 02/15/2020
The IRS has announced the 2020 standard mileage rates for commercial, medical, and other users of a car and the 2020 vehicle values that limit the application of specific rules to...
Posted by YourIRSTaxAdvocate.com on 02/15/2020
Health care is one of the most critical expenses for retirees, but not only because the elderly tend to access more medical services. Even if you've never seen your doctor, your...
Posted by Debi G Hill, CPA on 01/23/2020
IRS direct pay is a newly launched web-based system that enables taxpayers to pay their tax bills and calculates their tax payments through online. The payments will be directly charged...
Posted by YourIRSTaxAdvocate.com on 01/19/2020
Direct payment offers individual taxpayers an easy way to quickly pay the amount owed on the payment statement or bank bill, or make estimated quarterly payments without having to...
Posted by Valderas Financial Solutions LLC on 01/02/2020
A W-7 form is used to request an individual tax identification number or ITIN for non-citizens who are not eligible to receive a social security number, but who must file a federal...
An IRS CP2000 warning is sent to the taxpayer when the income reported by third-party sources, such as an employer, a bank, or a mortgage company, does not match the income reported...
Posted by YourIRSTaxAdvocate.com on 11/13/2019