As the April deadline approaches, many people find themselves in the familiar scramble to file their taxes. If you're reading this, you're likely in search of guidance to navigate this crunch time efficiently. Fret not, for even at the eleventh hour, there are strategies to not only file your taxes accurately but also maximize your returns. Here's a concise guide... read more »
If you are a tax professional or business, you are vulnerable to identity thieves who may target your client’s sensitive information. According to the IRS, this is an ongoing concern, and every year, they compile an updated list noting 12 tax scams. The importance of proceeding cautiously cannot be overstated, and the IRS refers to this list as the "Dirty... read more »
Are you a small business filing your 2021 federal income tax return? Working with a tax professional or accountant can not only help you stay on top of what you need as you file your business taxes but can also help you understand which deductions and credits your business qualifies for: https://www.irs.gov/businesses/small-businesses-self-employed/business-tax-credits Your Business If you are a sole proprietor... read more »
Did you know that the Treasury Department and Internal Revenue Service extended the federal income tax filing due date for people filing for the 2020 tax year from April 15, 2021, to May 17, 2021? That's because the IRS wants to help you file your taxes while you are figuring out the pandemic uncertainties. Just remember that filing electronically using... read more »
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