23 Aug What Happens If You Fail to File before the Extension Deadline?
The business tax extension deadline is September 15th. What happens if you don’t file before then? Read this blog from The Accounting Guys to find out....
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24 Sep Tax Advice for New Business Owners
Starting your own business is an exciting venture, but there’s much more to it than the upfront sales and the products or services you provide. So much goes into establishing and building a business, and there are a lot of little details you have to...
22 Aug Performing a Paycheck Checkup with the IRS’s New Withholding Estimator
The amount you withhold from your paychecks can directly impact how much you owe in taxes when tax season rolls around. The goal, of course, is to withhold the perfect amount so that you neither owe taxes nor need to collect a refund. But since...
15 Aug What You Should Know about Receiving Tax Relief after a Natural Disaster
If you’ve been impacted by a natural disaster, you may be eligible for certain types of tax relief from the IRS. The exact types of relief provided will vary depending on your disaster area. However, this article will give you a basic understanding of what...
05 Aug Tax Laws for Alimony and Support Payments Are Changing
While most of the Tax Cuts and Job Act’s new tax laws went into effect in 2018, there was one major one that wasn’t yet applied: important changes to how alimony and other support payments are handled on your tax return. These laws went into...
01 Aug 401(k) Rule Change Allows for Creation of Multiple-Employer Plans
Yesterday, the Labor Department made public a new final rule that will make it easier for small businesses to offer 401(k) plans to their employees. This rule will go into effect on September 30th, and will allow multiple small businesses to band together to offer...
22 Jul What You Need to Know about Paying Self-Employment Taxes
Filing taxes for the wages you earned is relatively straightforward. However, if you’re an independent contractor or own your own business, things can get a bit trickier. If you’re feeling a bit daunted by the prospect of filing self-employment taxes, here are a few things...
15 Jul How Bunching Itemized Deductions Could Increase Your Tax Refund
One of the major tax law changes brought on by the Tax Cuts and Jobs Act was nearly doubling the standard deduction to $12,000 for individuals and $24,000 for married couples filing jointly. The law also placed a cap on many common deductions that taxpayers...
02 Jul How Does Your Business’s Structure Impact Your Taxes?
If you’re starting a new business, one of the first things you must do is to select a business structure. For those making their first foray into entrepreneurship, it’s important that you take the time to consider all of the ways in which the various...
25 Jun 5 Things You Can Do Now to Prepare for Your 2019 Tax Return
Most people don’t spend much time thinking about their taxes until January hits. But planning ahead and preparing well in advance of the tax year’s end can have enormous benefits for you. Not only will you likely find filing to be a lot simpler and...
