by Candy | Apr 7, 2022 | Taxes
When it’s time to file your taxes, you have two options: you can choose to either submit your return electronically or by mail. If your business is still filing returns via paper then it might be time to start looking into e-filing. Mailing in your return can be...
by Candy | Apr 5, 2022 | Business, Taxes
Recently the IRS has updated their FAQ page in order to help answer businesses’ questions regarding submitting claims for refunds involving the federal research and development (R&D) credit. This tax credit results in a reduction in a company’s tax liability for...
by Candy | Mar 31, 2022 | Featured, Taxes
Are you interested in reducing your 2021 tax bill and building your retirement savings? There is a unique tax-saver option that some individuals can take advantage of. You can save for retirement by contributing to your IRA while reducing your tax liability...
by Candy | Mar 29, 2022 | Featured, Taxes
The Internal Revenue Service has announced that the Q2 interest rates will be increasing effective April 1, 2022 through June 30, 2022. These rates are determined on a quarterly basis by the IRS. They are set by statute and vary depending on the taxable entity as well...
by Candy | Mar 24, 2022 | Taxes
The due date for most Americans to file their federal return this year is April 18th, 2022. A majority of states have their own income tax reporting requirements and attempt to make their deadline the same as federal. Sometimes due to circumstances within their...
by Candy | Mar 22, 2022 | Business, Taxes
There are many valuable tax deductions available to self-employed entrepreneurs. As a small business owner, it is important to take advantage of these opportunities to help boost your income and improve your bottom line. Tax deductions can also help lower your tax...