Are you on target to file your taxes before April 17th? If not, you may want to quickly review the fees for filing late. If you are going to be late in filing your taxes, you will incur a penalty fee as well as pay interest on the money you …
Tax Tips for Small Business Owners
Tax season is in full swing and most small business owners are reviewing their taxes, income and expenses right now. How is it going? Did you save all of your receipts and do you know about all of the tax deductions? No one expects business owners to also be tax …
Scam Alert: Taxpayers Beware
Tax time is a busy time of year for accountants, the IRS and scam artists to boot. Taxpayers need to be vigilant with personal information, as there are many different scams surfacing. Beware of who you are giving your information to via phone or email. The IRS released a statement …
It’s That Time of Year Again…
It’s beginning to look a lot like tax season(again). The IRS has already begun accepting tax returns, as of January 29th. They begin with e-file returns first and then will process the paper returns. So, we recommend e-filing your returns. Some people will wait until the last minute to file, …
Questions About the New Tax Plan?
Everyone is hopeful that the new tax plan will spur economic growth. But, how will the new tax plan affect you? Well, it depends… If you are a large corporation, you will see a fairly large benefit as the maximum tax rate is being decreased from 35% to 21%. If …