As we approach the tax deadline, taxpayers are anxious to receive their tax refunds. Rumors about refunds often circulate online. The IRS dispelled five of these myths about tax refunds. We’ve summarized these myths […]
From the 'Taxation' Category:
If you have a question you would like featured on the blog, email [email protected] If your private information has been stolen or compromised, you can request an Identity Protection PIN (IP PIN) from the […]
If you have a question you would like featured on the blog, email [email protected] Funds from any retirement account may be withdrawn early without a penalty if certain exceptions apply (like $10K for a […]
There’s an important, but subtle difference between a Pass-Through entity and a Disregarded entity. An entity that has been organized under the laws of its applicable state can elect to be “disregarded” for tax […]
If you have a question you would like featured on our TAX FAQ series, please email [email protected]. First, you should be aware that in 2018 the laws associated with dependents and related deductions changed […]
Below is a list of the approaching tax deadlines: S-Corporation and Partnership Returns are due on March 15, 2019. Extension allowed to September 16, 2019. C-Corporation returns are due on April 15, 2019. Extension […]
If you have a question you would like featured on our TAX FAQ series, please email [email protected]. A: If you owe federal tax, the IRS offers many easy ways to pay. Make sure you […]
Q: How do I figure out my estimated tax payments? Estimating taxes begins with estimating your income. Look at all potential sources of income you expect to receive during the year. Then determine all […]
Q: Should I lease or purchase a vehicle? A: Do what makes the most sense for your business. There are lots of strategies, regulations and analyses involving the acquisition and depreciation of vehicles, but […]
During this upcoming tax season, we are hosting a Tax FAQ series on the blog to answer many of the frequently asked tax questions we consistently receive from our small business owning clientele. We […]