3 Key Benefits Of Having IRS Representation Services Through Your Accountant


Hiring a bookkeeping company to handle your small business's books and tax preparation does not only offer the benefit of keeping your financial information organized and accurate, but it may also come with IRS representation services. IRS representation is vital for any type or size of company, and here are some of the reasons why this service is something you should have. Your accountant can be held responsible for the work

13 July 2016

Two Reasons Why You Should Let A Professional Complete Your Taxes


Due to the advances of the virtual age, it can be easy to think that you're capable of completing your taxes online.  There are a number of websites which boast to that all you'll have to do is input a few pieces of data in order to file your taxes.  However, there is simply no substitute for having a professional complete your taxes for you, and choosing to overlook their expertise could prove detrimental.

24 February 2016

3 Tax Tips For Your Small Business


Filing taxes for your small business can cause a lot of headaches if you don't have a background in accounting. If you have no real experience with keeping good financial records and do not have a strong mathematical background, it can cost you a lot of money if the government decides to audit your business. Sitting down with a professional accountant is the best way to get your financial affairs in order and get you the maximum return on your taxes.

29 January 2016

3 Ways To Reduce The Chance Your Returns Get Audited This Year


If you want to reduce the chance that your tax return will get audited this year and reviewed by the IRS with a fine tooth comb, make sure that you are not doing anything that will raise the suspicion of the IRS. Here are a few things you need to avoid on your tax returns this year so that they go through without a second glance.  Be Careful About What You Claim As A Business

21 January 2016

Filing An Income Tax Return As A Qualifying Widow Or Widower


There are only a few tax filing statuses, and each is subject to a separate tax rate. A widow or widower with a child may be able to continue receiving some of the tax benefits of marriage by filing as a qualifying widow or widower. Married individuals filing jointly generally receive the lowest income tax rates. A transitional filing status with the same low tax rate is available to certain widows and widowers.

7 January 2016

Taking A Tax Credit For The Cost Of Employee Health Insurance


Employee satisfaction can be enhanced by the receipt of health insurance coverage, but the expense usually only provides a basic tax deduction for a company. Some small businesses may be eligible for a more useful tax credit, based on the cost of health insurance provided to their employees.  Most employers are well aware of the Affordable Care Act and many of its provisions. Much of the public awareness has focused on the online Marketplace for individuals, but the same website also offers health insurance coverage for small businesses.

29 December 2015

A CPA Can Help Your Business Grow


If you are a small business owner, you have all kinds of taxes you need to worry about. You may have tried to do those taxes on your own or used a tax program to do your taxes. Just keeping your books straight so that you can do your taxes can be confusing and the various programs you try may not be what you need. One option to deal with this is to go with a certified public accountant.

22 December 2015