Have you received a Federal Tax Lien? Don't worry! In this episode of Expert Answers, we will discuss what do when you receive a federal tax lien from the IRS and how to move forward with resolving the issue. The tax lien will get resolved as long as you take these "Expert Answers" steps!
Read MoreAny business that has employees is responsible for collecting and paying payroll tax. The most common liabilities are federal income tax, state income tax, Social Security, and Medicare. The percentage of payroll tax will vary from state to state. For example, residents of the state of Florida (as well as several others in the country) don't pay income tax which lowers the overall payroll tax liability compared to other states.
Read MoreRegardless of your political bent, there are definite benefits for small businesses in the new tax laws which went into effect in January of 2018.
Read MoreWhile nonprofit organizations do not pay taxes in the manner that individuals and corporations do, there is important documentation required from the IRS each year.
Read MoreThese days, bad guys are getting better and better at scamming. Here's what you need to know to keep you safe from scammers pretending to be the IRS.
Read MoreWhen it comes to the IRS, no news is usually good news. Here are some important tips that will help you do the next right thing after receiving IRS mail.
Read MoreThere are changes afoot to the 2021 Child Tax Credit and some people are very confused about it. Here is a simple overview to help you understand it better.
Read MoreAre you confused about PPP loans and how to apply for second-round funding? Here are some helpful and time-sensitive tips that may help you.
What do you know about tax planning? If you’re a novice, here are 3 points that are very important to your tax planning success.
Read MoreAre you the owner of an accounting firm? Here are 4 things that you need to do today to prepare yourself to win next year’s tax season.
Read MoreHow much do you know about deductions that can or cannot be made on your small business’ taxes? Read up on these deduction tips before taxes are due.
Read MoreAccording to the IRS, more than 13.2 million Americans owe back taxes. The majority of these cases involve amounts that seem impossible to pay off.
Read MoreAs money comes in, are you doing your best to set some aside for potential expenses you may incur? If not, you may need to develop a plan for taxes.