Get ready for taxes! Easy steps taxpayers can take now to make tax filing easier in 2022 The Internal Revenue Service today encouraged taxpayers, including those who received stimulus payments or advance Child Tax Credit payments, to take important steps this fall to help themselves file their federal tax returns in 2022. Planning ahead can […]
The first step of good tax planning is good recordkeeping
An idea to keep your tax life simple Following these tips when you receive a payment from the Federal or State government can save you more head-aches than you can imagine. Tip: Double check the dollar amount of your refund check before you cash it. Make sure it matches the amount on your tax return. Tip: If […]
How to take the bite out of the audit sting It is no surprise that states audit their small business community as a productive way to increase revenue for their state coffers. Should you receive the dreaded notice of one of these audits, here are some ideas that can make this a more pleasant experience: […]
A little organization now can save money during an audit When it comes to taking qualified deductions on your Federal Tax return three things must happen. First, you must recognize that an expense might be deductible on your tax return. Second, you must keep a record of the expense in an organized fashion. Third, you […]
