One of the most popular ways to file taxes is via e-filing due to the convenience alongside the increased turnaround time filers get. When you file online, the tendency and number...
Posted by Pat Raskob on 05/07/2021
It is normal to wonder when Uncle Sam will send your tax refunds if you have filed your taxes for the year. The IRS reveals that nine of ten taxpayers that file electronically can...
Posted by Pat Raskob on 04/26/2021
It's the start of the 2021 tax season, and you can't wait to get started. Gather your documents for the 2020 tax year and complete federal and state taxes before the filing...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 04/08/2021
Reconciliation is the method of verifying the accuracy and consistency of your financial statements.Reconciliation also helps identify and explain any discrepancies that may arise...
Posted by Elliot Kravitz, ATP on 04/06/2021
You have completed all necessary tax documents, including Schedule C and your tax return. Now you discovered a mistake, and an Amended form 1040X will come to your rescue.Form 1040X:...
Posted by Flynn Financial Group Inc on 08/28/2020
As the saying goes, to be forewarned is to be forearmed. After preparing the Form 1099 MISC forms, stop and check if the info entered is correct. Before submitting these forms to individuals...
Posted by Carmen Garcia on 06/11/2020
When you expect a large tax refund from the IRS, you certainly want it as soon as possible. There are several ways to speed up repayment: send your Return electronically, request a...
Posted by The TaxAdvocate Group, LLC on 04/20/2020
Earned Income Tax Credit or EITC is a refundable credit targeted at low-income earners. Over the years, many people have qualified for EITC due to the increasing economic downturn...
Posted by Larry Hurt on 01/23/2020
Filing Period for a tax can be an unpleasant time in which individuals frequently rush to present their data. Errors can occur, from individuals entering the wrong Social Security...
Posted by Roland Zita, CPA on 05/20/2019
