by Candy | Apr 23, 2014 | Sales Tax
I was reading an older Reader’s Digest magazine that I hadn’t had the time to read originally (and had been put in my bookcase and forgotten about until a few days ago). The following information came from their January 2013 edition under the...
by Candy | Mar 19, 2014 | Business, Sales Tax
In the last post, we found that taxpayers should be wary of charity scams, always file their wages absolutely accurately, and never, ever use a frivolous argument to avoid paying taxes as this is a felony. Finally we have reached the last three of the “dirty dozen”...
by Candy | Mar 17, 2014 | Business, Sales Tax
In the last post we discussed the dangers of picking the wrong tax preparer as well as the stiff consequences of hiding income and assets from the IRS via offshore accounts. Continuing the topic of this year’s “dirty dozen” scams and schemes, we will cover charity...
by Candy | Mar 14, 2014 | Business, Sales Tax
In continuation of the “dirty dozen” tax schemes for 2014, keep a close eye on your tax preparer, and be honest with your reporting to avoid heavy repercussions! To read the first scams discussed, see “Dirty Dozen” Tax Scams for 2014, part 1. False Promises of “Free...
by Candy | Mar 12, 2014 | Business, Sales Tax
It’s tax time. Unfortunately, this means it’s also tax scam time as well—since crimes related to tax tend to peak right about now. “Taxpayers should be on the lookout for tax scams using the IRS name,” said IRS Commissioner John Koskinen. “These schemes jump...
by Candy | Mar 10, 2014 | Bookkeeping, Business, Sales Tax
Tax obligations are often a dreaded aspect of starting up a business, but sorting out your tax obligations doesn’t have to feel like pulling teeth! Here are a few tips to avoid common startup tax mistakes so you can make your business—and life—easier in the long run....