Limited Liability Companies (LLCs) have become popular among business owners in recent years. One reason for this is the tax advantages and disadvantages of an LLC. In this article,...
Posted by KLSM CPA Firm PLLC on 04/09/2023
Not all small business owners want (or need!) to know how to find a good tax preparer. And if you feel like this isn't the right path for you, that's okay.But if you decide...
Posted by Dennis Jao on 12/18/2022
Small business tax deductions are great, but you can only deduct them for an existing business. But what happens to all the expenses you incur before opening your business?The IRS...
Posted by Tiffany Gaskin on 02/08/2022
Tax time is never fun for both businesses and individuals. Filing taxes includes many intricacies like taking care of 1099 for contractors, estimating your tax returns, and taking...
Posted by KLSM CPA Firm PLLC on 05/24/2021
It is possible to estimate how much you owe without getting in touch with Uncle Sam. The process of knowing if you owe Uncle Sam back taxes is a factor of what the tax relates...
Posted by Rosovich & Associates, Inc. on 05/24/2021
Every small business and individual taxpayer dreads receiving correspondence from the IRS. Many times, your senses assume the news will be unpalatable. While the mail could be...
Posted by Tiffany Gaskin on 04/26/2021
When dealing with taxes, one needs to be proactive as things do not always move in a single direction. One might receive an income now with the mandate to repay some or everything...
Posted by Taxes Made EZ Inc on 03/22/2021
The Internal Revenue Service takes time to make sure your tax situation is up to date. The tax code allows the IRS three years to verify the tax return and ten years to collect the...
Posted by Dennis Jao on 03/16/2021
For small businesses that are growing, they can consider a C corporation for their business structure when it's time to expand fully. There are advantages and disadvantages that...
Posted by Tiffany Gaskin on 03/05/2021
