Do you often find it difficult to pay for your taxes quarterly? If yes, make it a monthly installment instead. This way, you’ll be able to save for your tax payments just like any other monthly expense.
Before World War II, few individuals owed income taxes. About 1.1% of working-age people filed a return, and about 17% of those filers did not have to pay income taxes due to a high personal exemption.
Tax Trivia: As a point of reference: the number of words in Atlas Shrugged is 645,000 and the Bible has about 700,000 words. The number of words in the Federal Tax Code: 3,700,000.
Business owners always look at the bigger picture. That entails carefully analyzing one’s tax options while still being aware of more encompassing business strategies. Your tax preparer and planner will help you have the right perspective.
Tax Quiz: Q: Which of the issues below had the most lobbyists working on it in 1999? A) Tobacco; B) Taxation; C) Agriculture; D) Education. A: "B" Taxation.
Your professional tax preparer and planner will serve as the main contact person of the IRS. In the event that there’s a discrepancy or issue with your returns, you can rest assured that there’s an expert who will assist you.
It would be impossible for a business to attain its goals without a tax plan. You can always work with a tax planning and preparation expert to keep up with the demands of all tax-related matters in your business.
Planning for your future is easier with the help of a tax planner and preparer. You can trust an expert to help you strategize in light of the financial changes you’re anticipating in the years to come.
Working with a tax preparation and planning expert gives you peace of mind knowing that your taxes are handled by a professional. Not only that, but it also minimizes the risk of making mistakes which can be costly to correct.
When dealing with tax matters, even the slightest mistake could cost you money. That’s why more and more people are opting for the smarter option, and that is to hire a tax preparation and planning expert.
Everyone knows how stressful tax preparation can be. The good news is you don’t have to go through the process by yourself. You can trust the experts to help you make sure the process will be hassle-free for you.
Often, knowing what tax plan best works for you is difficult. But whether you’re a single professional, a business owner, or a company manager, you can trust your tax planning expert to help you identify what strategy you need.
For business owners, every single second counts. You can always trust a tax preparation and planning professional to help you with taxes so you save as much as 20 hours-- time that can be spent on more important concerns.
According to the IRS, the error rate for electronically filed returns is less than 1%, while paper filers are 21X more likely to commit errors. Errors can cause tax returns to get audited or rejected. Contact our experts for tax preparation.
Experts in tax preparation and planning dedicate time and effort to understanding and learning all the most recent additions and modifications to the tax code. You can trust a professional to help you understand the tax code and plan accordingly.
One of the things the tax code is famous for is its complexity. Imagine having to go through more than 70,000 pages just to understand how the system works! No wonder many people hire tax preparation and planning experts!
The reports have revealed that about 17% of workers violate the tax code when filing their returns. Seeking professional assistance for filing taxes is important if you don’t want to run into any problems with the IRS.
Alfred E. Neuman has rightly said, "Today it takes more brains and effort to make out the income-tax form than it does to make the income."
Tax Trivia: While the British government taxed playing cards as early as the 16th century, in 1710, the government assessed a huge tax increase on dice and playing cards resulting in widespread forgeries. The tax was not removed until 1960.
Gains and losses in the stock market are often overlooked. Under certain circumstances, losses can be balanced against gains to reduce the amount of the taxes assessed.
IRS data shows that tax preparation can take up to seven hours for the average person. The thing is, not everyone can dedicate seven hours of undivided attention to the process. Good thing the experts are always there to help.
It always helps to have an expert looking at your taxes before filing. A tax preparation and planning professional has access to the best software and programs that will carefully analyze your record so mistakes can be avoided.
Cryptocurrency is recognized by the IRS as a property and not a currency. Bitcoins are taxed similarly to stocks, even when they are used to make a purchase.
Nobody likes ever having to go through an audit. But when such time does come, you can rest assured because your tax preparation and planning expert will provide you the assistance you need to prepare the paperwork and important forms.
