Tax season is here and with it, the arduous task of preparing to file our taxes. But it doesn’t have to be that way. With a little planning and ingenuity, tax preparation can be a breeze. Don’t believe us? Check out today’s blog post, where we offer 4 tax tips for easy filing.
We recently ran an article on year-end tax tips for individuals. To follow-up on this theme, this go around we are going to share tax tips for small business owners (SBOs).
Tax season is here and the IRS (and tax professionals as well) are already bogged down as they work to make their way through the ever-growing stack of filings. There are many things to consider as you file your taxes this year, including a slew of new tax laws and provisions. While most filers are concerned about how much they will get back or owe in taxes, they tend to pass over the fact that they may get audited, because they believe there is nothing they can do to avoid it. This is a misnomer however, and in this article we are going to discuss some methods you or your tax professional can employ to avoid being audited by the IRS.