A home business can affect your tax requirements. Your accountant will be able to help you with the specifics of your situation, but in general, if you qualify to deduct your home office expenses, it can include rent or mortgage, utilities, insurance, and some types of remodeling.
Getting a second job or starting a side hustle is one strategy Americans use to make ends meet. Before you begin looking for an extra revenue stream, be sure to check with your tax advisor about how it will affect your next tax return. https://bit.ly/2GOftP9
Are you worried with the thought that you are going to owe substantially more in taxes than you can afford to pay? There may be different options available to you that you may not be aware of.
Moving corporate operations to a different state is a technique big businesses sometimes use to save on their taxes. Could you ever see yourself uprooting your life--and that of your employees--to get a tax break? https://cnb.cx/3dH0IMV
#Survey: If you recently started a new home-based business, have you already made plans to pay your estimated quarterly taxes?
It’s important to remember that a CPA can only perform work for individuals and businesses in specific states. If you need a tax preparer that can handle work in any state, working with an enrolled agent may be a good choice.
Have you ever been audited by the IRS? Tell us about that experience in the comments below.
When you run a small business, every dollar counts, which means you don't have money to waste on taxes or expensive tax software that doesn't work. The best way to make sure you're getting the most out of your taxes is to have your taxes done by a tax accountant.
Taxes impact people and businesses - and the stress can be tremendous. Let Exact Accounting & Financial Services help with the planning and form preparation that minimizes frustration and optimize satisfaction. Call us at (608) 249-2716. https://www.exactafs.com/
Another tip for reducing audit risks? Be sure to explain any major changes in your tax filings from previous years - for example, significant deductions, medical expenses, new dependents and name changes – backed up with documentation.
True or false: About 3 out of 4 IRS audits are conducted through the mail. If you said true, you are correct. https://bit.ly/3b7pHsI
A business accounting service knows the best practices for staffing for specific tasks. Hiring a business accounting service means that you have a more focused work staff, one who is able to focus on a task without the distractions from the office.
Do you regularly follow the changes in tax laws every year? Rely on a tax professional to make sure you don't miss out on any tax breaks.
Why hire an accountant for your business? Accountants can be a great resource for professional referrals and networking contacts in the business community.
Are you worried about being able to pay all of the taxes you owe to the government? The IRS offers a number of payment plans. https://bit.ly/3iNst9e
The total amount of taxes paid by individuals and companies represents the national budget. Simple math explains why there is a federal deficit. In 2012, the government spent more than 1.1 trillion above the amount of taxes collected.
It's great to get a big tax refund, right? Actually, experts say those big refunds are actually problematic. https://cnb.cx/3k3Cale
The average American pays a higher tax rate than a billionaire, according to a study from the University of California. Does that surprise you? https://bit.ly/346P2Qr
There are many tax return software programs available for individuals to fill out their own tax returns. If your return is extremely simple, that may be a good idea, experts say. However, if you itemize deductions, have dependents or are self-employed, the expertise of a tax accountant is recommended.
Your child earned money during the year. Does the IRS expect a tax return? Get the answer in this article. https://bit.ly/33ae0PH
Are you taking all of the tax breaks available to freelancers? Check out the helpful information in this article. https://bit.ly/34bKOc1
If you don't mind sharing, how much was your most recent tax refund? Did you do something special with the money?
Do you know all of the deductions, credits, and other tax breaks for which you may be eligible? Because the limits and eligibility requirements are constantly changing, it takes a tax professional to know just what you can deduct.
Did you get money back from the government this year? What did you do with your refund? Share in the comments below.
Our CPAs and bookkeeping staff take the number-crunching tasks for small businesses, to provide the information they need to succeed. Count on Exact Accounting & Financial Services - call for a consultation, (608) 249-2716. https://www.exactafs.com/
Did you know that some enrolled agents have worked for the IRS for 5 years in a capacity that required them to regularly interpret tax laws and regulations? The other way EAs gain certification is by passing a competency exam administered by the IRS itself.
In the early 20th century, it took between 20 and 30 days for the average American worker to earn enough to pay in full their annual federal, state and local tax bills. In 2016, it took 114 days to accomplish the same.
Will the IRS take some of your refund if your return is filed late? Get the answer in this article. https://bit.ly/3nHNKUK
No one looks forward to an IRS audit, but 3 out of 4 taxpayers selected for an audit are not required to show up in person before an IRS representative. https://bit.ly/3b7pHsI
Does a Certified Public Accountant offer the same level of tax expertise as an Enrolled Agent? Definitely not. Enrolled Agents are solely devoted to taxation issues, and the level of tax knowledge that is required to receive EA certification is much more extensive than requirements for CPAs.
Did you have any gambling winnings during the year? Did you know you can deduct any losses up to the amount of what you won? #TaxTip
Providing our clients with reliable and affordable accounting services is in our DNA! Learn more about how we help small businesses with all their accounting service needs below! https://bit.ly/2JapKb4
An Enrolled Agent (EA) is authorized to represent clients before the IRS in tax-related matters. Achieving this recognition requires passing a comprehensive test that covers individual and business tax returns.
A tax professional can determine the best filing status for your personal situation. Sometimes, the decision that seems obvious is not always the best choice. https://cnb.cx/2G3DLb4
Are you sure you are taking advantage of all available tax breaks and not making a mistake that could cost you money or trigger an IRS audit?
Savings and investments are just as important for your small business as they are for your personal life. The best way to do this is to become familiar with all the different forms of investment, including CDs, money markets, stocks, and bonds.
Would relying on the expertise of a tax professional provide some peace of mind? #GoWithAPro
Do you know which President signed income tax into law? It was President Lincoln in 1862. The tax was used to pay for expenses associated with the Civil War.
We're always here to help the Madison community with all its tax preparation needs! Contact our team for more information today at (608) 249-2716. https://bit.ly/2IpP2jU
If you’ve recently inherited money, property or stock from a family member, you may have a tax liability due when you file your taxes. If you’re not quite sure how to account for all that, rest assured that we’re always ready to lend a hand.
The best way to avoid any of these common tax mistakes made by small companies is to rely on a professional tax service. https://bit.ly/2Ug7Rxh
Are you concerned that the IRS is going to take your assets over unpaid back taxes? Let’s talk about what solutions are available to you to help protect your belongings.
Would turning over your taxes to a professional provide you with some peace of mind? #NoMistakes
Are you starting up a new business? If so, you’ll have very little time to focus on the financial side. Experts say you’ll probably be busier than you can imagine, and having an accountant in charge of the business software and staying on top of the business books will allow you to focus on your company’s main operations.
What are inheritance taxes and how are they different from estate taxes? Get more information in this article. https://bit.ly/2HQ6yRS
An accountant can easily present facts and statistics that will be able to back up your company and enable you to get better funding.
Only about 1 million people in the U.S. are audited by the IRS each year. This article looks at some of the red flags that tend to attract the government. http://bit.ly/2s9gQoq
Your child earned money from a job during the year. Does she need to file a tax return? Get more information in this article. https://bit.ly/33ae0PH
Did you know that the enrolled agent profession dates all the way back to 1884, when there was a trend of questionable claims being presented for Civil War losses? At this time, Congress acted to regulate persons who could represent citizens in their dealings with the Treasury Department.
Are you ready to become a full-time freelancer? Get more details from a tax professional, but this article lists some of the potential tax benefits. https://bit.ly/2EDvGcp
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
Do you have a home business or do work for your company at home a significant portion of the time? That could qualify you for a deduction for the expenses of maintaining a home office. An accountant can ensure you correctly file for this deduction.
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
We have provided professional accounting and financial services to the people and small businesses of our community for over 20 years. For more info, call (608) 249-2716 today.
When looking to hire an accountant, ask them how they would handle situations relevant to you. This tests their skills and lets you determine whether they are a good match for you.
This list of 20 of the most commonly overlooked tax breaks highlights the importance of relying on a tax professional. https://bit.ly/3ihXrpz
The IRS Restructuring and Reform Act of 1998 established a limited confidentiality between clients and EA accountants. This privilege applies to situations where the taxpayer is being represented in cases involving audits and collection matters.
Did you know there are situations in which gambling losses can be included as deductions on your taxes? Get more information in this article. http://bit.ly/2RvHDFr
Do you pay estimated taxes and have you ever been late on a payment? Find out what happens in that situation. https://bit.ly/3lEQQrZ
