When it comes to choosing the type of set up for your business, there are pros and cons to a limited liability company and a partnership. However, an S corporation or S corp can provide...
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...
For a number of individual taxpayers who find they owe the IRS, the tax bill might be more than they can afford to pay by the annual tax deadline. Even if you cannot afford your tax...
For those people who do not receive a tax refund, but actually owe the IRS money, the idea of a tax levy being placed on them can be crippling. If you believe that this may happen...
There will be many circumstances or periods where you will owe the IRS money. If you are unable to pay and have avoided paying the IRS, you may be subject to seizure, which is...
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...
Posted by Asharp Bookkeeper on 01/13/2016
Tax season sends everyone into a frenzy. In the hustle bustle of our daily lives, we often forget about the taxes we have to pay until the return forms are handed over to us. From...
Considered as one of America’s greatest crimes, senior financial fraud has left both the elderly and their children worried. A recent survey found that people in America,...
Are You Prepared for Your Small Business Taxes? Tips to Help You Save Many small business owners become frazzled around tax time and as the year comes to a close, they know it is...