Many small businesses look for ways to save money and reduce what they pay as tax, which might seem like a good idea. As a result, many consider that becoming an S corp can help them...
Posted by Daniel P Vigilante CPA and Profit Consultants on 07/24/2021
If you know you'll receive a refund when filing your taxes; filing taxes can be almost fun. But if you think you owe the IRS money that you don't have, it may even be difficult...
Posted by Unifirst Financial & Tax Consultants on 07/23/2021
As a business owner, paying your estimated taxes quarterly assures you that there will be no significant tax bill waiting for you in April.You have to pay taxes, but luckily the Internal...
Posted by Rosovich & Associates, Inc. on 07/16/2021
Money is a fun thing when it passes between family and friends, especially if you are the one who borrows or lends a loan to a family member or close friend.The Federal Reserve's...
Posted by Taxes Made EZ Inc on 06/25/2021
Paying taxes with a credit card presents a rare opportunity to get points if you use a credit card. While many employees only have to deal with taxes once a year (April 15), self-employed...
Posted by Karen Munoz, EA on 06/11/2021
Individuals can exclude up to $250,000 of income from capital gains tax on the sale of their primary residence, thanks to the Internal Revenue Code (IRC) exclusion of home sales. Married...
Posted by Elliot Kravitz, ATP on 06/11/2021
This article explores a step-by-step plan to set up a payment plan with Uncle Sam.File Outstanding Returns All your tax returns must be filed before your instalment agreement...
Posted by The TaxAdvocate Group, LLC on 05/24/2021
The May 17 deadline for filing your income tax is just a day behind us and if you’ve gotten an extension for your 2020 return, there will be penalties imposed by the IRS. If...
Posted by Dennis Jao on 05/18/2021
What is banking reconciliation?A bank reconciliation statement is a document that compares the cash balance on a company's balance sheet with the corresponding amount on its bank...
Posted by Unifirst Financial & Tax Consultants on 05/18/2021
