Best Practices for IRS Form 1099

Best Practices for IRS Form 1099

If you are a small business owner, you know tax season can be a headache, and perplexing tax forms can add to your frustration . . . particularly Form 1099. The due date for your business 1099 form must be mailed out by January 31st.…

‘Estimated Tax’ Snares

‘Estimated Tax’ Snares

If you work as a freelancer, an independent contractor, or if you own a business, then chances are you are all too familiar with estimated taxes. Business owners pay estimated taxes to avoid not being able to cover anticipated taxes on income through wage withholding…

Offer in Compromise Program Gets More Flexible

Offer in Compromise Program Gets More Flexible

The IRS has modified terms of their Offer in Compromise program to help taxpayers who struggle most with meeting their federal tax obligations during hard economic times. The Offer in Compromise program is designed to help taxpayers settle their tax debt for an amount less…

2018 Tax Season is HERE! Are you Ready?

2018 Tax Season is HERE! Are you Ready?

We apologize for this late post. It has been a crazy 2018 and despite the government shut-down, the IRS will officially open the 2018 tax year filing starting Monday January 28, 2019. The good news is that the IRS will start processing tax returns on that date and…

Tax Day Quickly Approaching!

The due date to file taxes is Monday, April 15th for Federal Income Tax Returns. … Just a reminder if you still have to file your 2018 tax return, April 15, 2019 is the due date. This tax filing deadline is so you can file your return or pay any taxes you owe. If you need an extension you can…

Tax Cut and Jobs Act

On December 22, 2017 the President signed into law H.R. 1, “An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018,” also known as the Tax Cuts and Jobs Act (TCJA) and…

Need Tax Help? Pick the Right Company!

There are many tax resolution companies that exist today. Most open and close in just a year or so. They market via radio and TV and often use high pressure sales tactics to urge you to hire their company. PLEASE DON”T BE VICTIM OF THESE…

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