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
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
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
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
Type II SOC commitment (for both SOC 1 audits and SOC 2 audits) require to follow up and testing of the controls established at the service institution to have the option to opine...
Posted by Valderas Financial Solutions LLC on 07/26/2019
Blockchain-like innovation gives the general population the privilege to be accountable for their information for example to have a self-sovereign identity which they control. Blockchain...
Posted by Flynn Financial Group Inc on 05/01/2019
If you are Paying greater than 1/2 of your dependent’s family expenses than you are eligible to claim the person on your taxes. Unlike kids, mother and father don’t have...
Posted by J.R.'S TAX SERVICE on 05/16/2018
If you have unfiled tax returns or unpaid taxes then you may be steering towards an IRS audit. An audit could result in draconian tax sanctions such as a tax levy, tax lien or wage...
Posted by Advantage Tax Service on 01/04/2018
