by Harry | Aug 9, 2017 | Tax Planning, Tax Tips & Tricks
It may seem like the Internal Revenue Service (IRS) is always asking for a ton of paperwork, but understanding which to complete and submit to them shouldn’t take too much time. You’ll definitely want to know the difference between a 1040, 1040A and 1040EZ …...
by Harry | Aug 9, 2017 | Tax Planning, Tax Tips & Tricks
The Internal Revenue Service is just as frustrated with attempts at identity theft as taxpayers are. They’ve joined forces with the states and tax industry to verify the identity of taxpayers and the validity of tax returns through the “Taxes. Security. Together.”...
by Harry | Aug 7, 2017 | Tax Planning, Tax Tips & Tricks
Writing off your vehicle on your taxes might sounds simple, but like anything else regarding the IRS, there are specifics that must be addressed. If done accurately, itemizing your vehicle expenses can result in a portion of a lease payment being used as a business...
by Harry | Aug 5, 2017 | Uncategorized
Are your penalties for failing to file a tax return, not paying on time, and/or to depositing taxes when due piling up? Read on to learn how you can reduce or completely eliminate those costs. If such penalties exist on your file, the Internal Revenue Service (IRS)...
by Harry | Aug 3, 2017 | Uncategorized
When it comes to deducting expenses for small business owners who work from home, the Internal Revenue Service (IRS) has two methods for Home Office Deduction: regular and simplified. According to the regular method, you would have to calculate the usage of your home...