Money & Taxes
$1.2 Billion in IRS Penalty Relief Refunds Coming for Certain 2019 and 2020 Tax Returns
To help struggling taxpayers affected by the COVID-19 pandemic, the IRS recently issued Notice 2022-36, which provides penalty relief to most people and businesses who filed certain 2019 or 2020 returns late.…
Aspiring Entrepreneurs: Learn the Basics of Setting Up a Business
New entrepreneurs can start out on the right foot by making sure they understand the tax responsibilities of running a business. Here are a few things new entrepreneurs need to do when starting their business.…
How to Conduct a Successful Client Onboarding Process
It's important to figure out the "cost of doing business" when starting a business, so you get off on the right foot in your new endeavor.…
Taxpayers Should be Sure to Have All Their Info Before Going to a Tax Pro
Having organized records and information in hand helps prevent filing errors and will likely create a smoother filing experience.
Four Key Tax Changes for Freelancers in the New Inflation Reduction Act
The Inflation Reduction Act (IRA) was just passed by the U.S. senate and is expected to be signed into law this week. When this happens, there will be some notable tax changes.…