by John Reddall | Aug 22, 2024 | Tax
You just received a notice in the mail from the Internal Revenue Service (IRS) saying your taxes are late or you didn’t file. To make matters worse, the notice says you not only owe the taxes, but they include penalties and interest as well. (Keep in mind, too,...
by John Reddall | Jun 28, 2024 | Tax
An important strategy for small business owners is identifying and using any suitable tax write-offs. The main advantage to write-offs is legally reducing your company’s and, if you are self-employed, your personal tax liability. What Tax Write-offs Do Smart Small...
by John Reddall | Jun 20, 2024 | Tax
Everyone’s excited to get a tax refund after filing their returns during the April tax season. But what about small businesses? Do refunds apply to them? We will discuss how tax refunds work for small businesses, how the IRS generates refunds, and why a refund for any...
by John Reddall | May 16, 2024 | Tax
You can change a personal tax return if there is a benefit to do so. Many taxpayers believe this could raise unintentional red flags with the Internal Revenue Service (IRS). However, here we will discuss how to amend a tax return and avoid penalties. Reasons to Amend...
by John Reddall | May 5, 2024 | Bookkeeping
With numerous desktop and online solutions available, many think it would be best to do the bookkeeping themselves. However, online solutions often still cost money and are only sometimes accurate. Some of the worst things a business owner can do is try bookkeeping...
