Even the most responsible business owner can fall behind with taxes. Every year, unforeseen delays, expenses, and other financial hardships keep people from paying their taxes to the...
Posted by CORE PERFORMANCE on 12/27/2021
Failure to comply with the tax declaration deadline or non-payment of the entire tax bill can have serious consequences. The Internal Revenue Service (IRS) recommends filing unpaid...
Posted by Taxes Made EZ Inc on 12/18/2021
The Internal Revenue Service allows taxpayers to pay their tax debts through an installment agreement. However, since interest and penalties will apply, the IRS encourages taxpayers...
Posted by James Financial Services Inc on 12/18/2021
The TCJA (Tax Cuts and Jobs Act of 2017), PL 115-97, made many important changes to the Internal Revenue Code. Among the many changes to the Code, there is a provision on costs associated...
Posted by Taxes Made EZ Inc on 12/10/2021
When thinking about filing your taxes after a divorce, you might want to know how taxes are going to change. The impact of divorce on federal taxes is not as large as it used to be.Each...
Posted by BEST FINANCIAL GROUP LTD on 12/10/2021
Cash balance plans are defined benefit retirement savings plans that allow business owners to make large deductible contributions each year and build up deferred retirement savings....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/04/2021
In this present economy, more and more companies are trying to survive on low incomes and low operating margins. When bad economic conditions lead to lower incomes, banks can withdraw...
Posted by James Financial Services Inc on 11/04/2021
For everyone with debt that has spiraled up to almost 50% of their entire take-home pay, it is essential to get some help about this. Even though such a situation is pretty painful,...
Posted by The TaxAdvocate Group, LLC on 10/24/2021
After a divorce or separation, the spouse's primary earner or provider gets to pay the other partner alimony, spousal maintenance, or spousal support. Such payment aims to enable...
Posted by KLSM CPA Firm PLLC on 09/30/2021
