If you haven't filed a tax return for several years, you should probably file your past-due tax returns as soon as possible. There are consequences for not filing taxes.What are...
Posted by Abundant Wealth Planning LLC on 01/09/2022
Whenever the tax filing season comes around, many folks are not pleased about it. What comes to mind is a stretch of stressful and sometimes confusing processes that equals money to...
Posted by Income Taxes and Bookkeeping LLC on 01/09/2022
When a person becomes a CPA (Certified Public Accountant), they have attained a highly desirable rung in the accounting ladder. The reason for this is that, as a CPA, the person has...
Posted by KLSM CPA Firm PLLC on 01/09/2022
In general, all salaries and other compensation for services rendered in the United States are believed to be from sources located in the United States. The place where the personal...
Posted by The TaxAdvocate Group, LLC on 01/09/2022
Indirect business taxes, sometimes referred to as hidden taxes, are taxes that can be passed on to customers by being incorporated into a higher price. They are not added to the price...
Posted by Abundant Wealth Planning LLC on 01/01/2022
When the end of the tax year rolls around, and taxpayers in the U.S start to think of filing their tax returns, the form 1040 is the go-to form. There are some variations to it, however....
Posted by Income Taxes and Bookkeeping LLC on 01/01/2022
The type of business you own determines what your tax returns will be like to a large extent, whether your taxes will significantly be reduced. Let’s start by defining what LLCs...
Posted by KLSM CPA Firm PLLC on 01/01/2022
When filing a tax return each year, taxpayers may have different goals in mind. Some may want to reduce the amount of tax owed, seek a refund as much as possible, or avoid paying more...
Posted by The TaxAdvocate Group, LLC on 01/01/2022
If you serve in the military, it's important to understand your military tax benefits so that you can get the most out of them when filing taxes. The Federal Tax Code has specific...
Posted by Abundant Wealth Planning LLC on 12/27/2021
