Usually, when taxpayers receive a notice and are assessed for penalties and interest related to federal income and informative tax returns, they tend to just pay them. Not so fast!...
Posted by James Financial Services Inc on 10/30/2021
It can be a little tricky, managing finance as a couple, as merging two-income and financial situations can be quite hard. There could be differences when managing money with one partner...
Posted by Taxes Made EZ Inc on 10/24/2021
Uncle Sam allows small businesses to defer tax payment in a series of ways. Here are four methods to make this happen:Apply for a Payment Plan (Short Term)You can defer your tax payment...
Posted by Jim McClaflin, EA, NTPI Fellow on 07/31/2021
Young Americans struggling with debt could have nasty additional tax surprises this year.From the need to pay taxes on canceled debt to reduced deductions for non-repayable loans,...
Posted by Abundant Wealth Planning LLC on 05/19/2021
One of the ways insurance companies estimate their reserve is via the expected loss ratio method. This is a technique they use to estimate the earned premiums. Whenever the insurer...
Posted by James Financial Services Inc on 11/30/2020
There are many ways to resolve taxes that tax professionals can use to help their clients at the state, local, and federal levels. Tax agencies offer a variety of these tax resolution...
Posted by Taxes Made EZ Inc on 06/15/2020
The advantages of being a self-employed or independent contractor are numerous. You have the freedom and flexibility to do your job, and it's also a great way to start your own...
Posted by Don Bell Law on 03/28/2021
Uncle Sam advises all taxpayers, which involves individuals and businesses, to estimate their accounting period in a year referred to as a tax year. Although, It is generally agreed...
Posted by Accurate Books And Tax on 01/13/2021
What is an Accounting Method?An accounting method refers to the rules that a business follows when reporting income and expenses. The two main accounting methods are accrual accounting...
Posted by Carmen Garcia on 11/30/2020
