by Jarel Daniels | Oct 4, 2023 | Tax & Accounting, Tax filing
Is There a Tax Filing Extension Deadline? Tax season is upon us, and if you’re a business owner who requested an extension to file your 2022 tax return, it’s time to mark your calendar. The Internal Revenue Service (IRS) has issued a reminder about the...
by Jarel Daniels | Sep 29, 2023 | Tax & Accounting
Identifying Tax Preparer Red Flags Choosing a tax preparer is an important decision, as they will be handling your sensitive financial information. It is important to choose a preparer who is qualified, experienced, and trustworthy. There are a few red flags that you...
by Jarel Daniels | Sep 22, 2023 | Accounting, IRS, Tax & Accounting
Third-Party Authorizations for IRS Representation As a business owner, it’s crucial to have a good grasp of the different types of authorizations for third-party representatives when dealing with the IRS. Whether you’re enlisting the help of a tax...
by Jarel Daniels | Sep 15, 2023 | Accounting, IRS, Tax & Accounting
IRS tax fairness changes for business owners The Internal Revenue Service (IRS) is making significant changes in its enforcement efforts to restore fairness to the tax system. With the support of funding from the Inflation Reduction Act, the IRS is shifting its focus...
by Jarel Daniels | Sep 8, 2023 | Accounting, Budgeting, Tax & Accounting
Interest Rates for Q4 2023 Financial planning and tax management are critical aspects of maintaining your financial health. To help individuals and corporations stay informed about changes that might affect their financial strategies, the Internal Revenue Service...
by Jarel Daniels | Aug 25, 2023 | IRS, Tax & Accounting, Tax filing
Educator expense deduction 2023 As the new school year commences, the Internal Revenue Service (IRS) is underlining the opportunity for teachers and other educators to claim a deduction of up to $300 for out-of-pocket classroom expenses on their 2023 federal income...