by Harry | Sep 29, 2017 | Tax Planning, Tax Tips & Tricks
Corporate tax is defined as “an assessment levied by a government on the profits of a company. The rate of corporate income tax paid by a business varies between countries, although since corporations are legal entities distinct from their owners and operators, they...
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 | Apr 26, 2017 | Tax Planning
When dealing with your taxes, it is important to be cautious of small mistakes that could break the rules and result in a tax audit, tax problems or some involvement by the IRS. However, the IRS is also responsible for following rules that are set for them as well....