You can avoid having to mail your identification documentation by making an appointment with an IRS-authorized Certifying Acceptance Agent in-person. An Individual Taxpayer Identification Number or ITIN is a tax processing number generated by the Int... Read more
The simplest option—and what most business owners choose—is the cash method. That means money gets recorded as you receive and pay it.... Read more
If these rules are violated, there are dramatic consequences, including the acceleration of taxation to recipients, plus the payment of interest and penalties. Planes, trains, and automobiles are all work travel costs that can be written off. Whether... Read more
So, when you have a small business, you need to manage your payroll more efficiently. Build in important quarterly tax dates, holidays and annual tax filing dates. Keep in mind that you'll have to do this at the start of every. Read more
The latest monthly child tax credit payment will be delivered on Aug. 13. IRS letters already went out (Letter 6416 or Letter 6416-A) notifying taxpayers they may be eligible.If you're normally not required to file taxes -- someone the IRS calls. Read more
The IRS requires taxpayers who use these programs to file all delinquent tax returns, and you may need assistance from a tax professional with this process. If you fail to file your tax returns on time you could be charged with. Read more
It's customary for the business to take time to reach a profit in the first couple of years. In short, a NOL means your deductions are more substantial than your income. To know if you’re looking at a NOL for sure,. Read more
Upon clicking through, we were referred to their websites with the entered information pre-filled on their website, so we just had to fill out a bit more required information to get an actual quote. This is a valid question considering the. Read more
The information contained in this article is not intended as tax advice and it is not a substitute for tax advice. The LLC may be claimed when a student is enrolled in undergraduate, graduate, or professional degree courses. The credit may. Read more
The tax identity theft risk assessment will be provided in January 2019. The tax identity theft risk assessment is based on various data sources and actual risk may vary beyond factors included in analysis.... Read more
