With year end fast approaching, many of our clients are looking ahead to next year’s taxes. You may be wondering if there is a way to minimize your tax burden for next year. Especially if you had a good year and your cash flow is...well, flowing.The good news is, there are a few things you can do, but you need to get going on them ASAP. So we've provided a list of the top three quick and easy … [Read more...]
Take Note! Important 2018 Tax Deadlines
Most people, when asked about tax deadlines, think of April 15th— the traditional due date for filing tax returns. Yes, this is an important due date. But you should be aware that there are many additional deadlines throughout the tax season, and that meeting all your deadlines can save you a load of stress (and possibly costly penalties).Whether you’re filing as an individual or a business, … [Read more...]
2017 Tax Deadlines To Be Aware Of
The date most people associate with the IRS and taxes is April 15. But the reality is that there are many important dates and deadlines both individuals and businesses need to be aware of as we head into the 2017 tax filing season. Missing one of these tax deadlines can result in costly penalties, not to mention headaches and hassle. Best to avoid all that! Similar to last year, April 15 … [Read more...]
New Changes for 2017 Form 1099 Filing Deadlines
If you’ve been reading our blog, you know that having your 1099 forms properly submitted and accounted for is a critical part of ensuring accurate tax filings, both for businesses and taxpayers. This year, the IRS has made a significant change to the rules for filing Form 1099. The change relate to the 1099-MISC, which is issued to independent contractors and recipients of non-employee … [Read more...]
IRS Scams: Don’t be a Victim!
How to spot and report IRS scams Your home phone rings. You’re surprised--who even calls a landline nowadays? It’s an unfamiliar number, and when you answer, you’re in for an unpleasant surprise:You’re being prosecuted by the government because you owe the IRS thousands of dollars in taxes, and you need to act now to avoid jail!Or DO YOU?Chances are, you’re being targeted for one of … [Read more...]