Conflicts in a group are inevitable, likewise in a business. The crucial thing is the resolution of such conflicts. However one of the common aspects of experiencing this conflict...
Posted by Income Taxes and Bookkeeping LLC on 06/11/2022
Most tax practitioners are familiar with reasonable cause as the basis for penalty abatement. But many often overlook another important reason for penalty abatement: the so-called...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2022
As an expat, you are constantly reminded that you must file a federal tax return each year to comply with the IRS. However, an equally important requirement for some expats can easily...
Posted by Tiffany Gaskin on 04/24/2022
Accounting is essential for any business. Smart records bookkeeping are essential for tracking business spending and finding new ways to grow. Additionally, keeping accurate records...
Posted by Dennis Jao on 04/17/2022
There is no such thing as free money, but dividend reinvestments come pretty close.You will likely see assets classified as dividends in your accounts during your investment journey....
Posted by Taxes Made EZ Inc on 04/09/2022
A profit and loss statement is a financial statement that summarizes the revenues, expenses, and costs of a business over some time. It is often called a statement of operations, earnings...
Posted by Income Taxes and Bookkeeping LLC on 03/31/2022
Although same-sex marriages have been nationally recognized since 2015, some couples may still have a common-law marriage or civil partnership rather than a marriage. Persons living...
Posted by CORE PERFORMANCE on 03/31/2022
The Internal Revenue Service has released new standard mileage rates for driving a car for business, charity, medical, or moving purposes in 2022.New IRS mileage ratesThe new IRS mileage...
Posted by Abundant Wealth Planning LLC on 02/15/2022
If a partnership that has a foreign partner has income related to a trade or business in the United States, a partnership withholding must be reported. This is done by filling out...
Posted by James Financial Services Inc on 01/27/2022
