Taxes Articles

  • IRS Tax Auditor

    What Happens During An IRS Appeal?

    by on September 11, 2014

    Tax audits are rough, but you still have recourse even if they don’t end up in your favor. If your business is audited by the IRS, and the auditor rules against you but you believe the ruling to be in error, you can appeal the decision.

    You should receive …

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  • Pay-Quarterly-Taxes-large

    Do You Have to Pay Quarterly Taxes?

    by on July 15, 2014

    If your employer withholds money each week from your paycheck, then you likely don’t have to think about making quarterly tax payments. However, for those of us who are self-employed or receive income in the form of interests, dividends, rent, alimony, gains…

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  • Tax-Extension-large

    How to File for a Tax Extension

    by on July 15, 2014

    April 15 always strikes fear in the hearts of many small business owners. That’s the IRS tax-filing deadline, and if you fail to meet it, you could face some costly penalties. However, by filing a tax extension, you can buy some extra time to review your book…

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  • Business_Tax-large

    Understanding Business Tax Write-Offs

    by on July 15, 2014

    Whether you’re a freelancer, consultant or small business owner, every purchase you make that doubles as an investment for your business may betax-deductible. The Internal Revenue Code allows you to write off all “ordinary and necessary” expenses requi…

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    5 Tax Tips for Deducting Travel Expenses

    by on April 1, 2014

    Business travel can be a lot of things: exciting, tiring, profitable, and — if you don’t properly manage your expenses, per the IRS — taxing (in the financial sense).

    When it comes to deciding what to claim and how, there’s no substitute for seeking a…

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    4 Solutions for Common Small-Business Money Mistakes

    by on March 17, 2014

    Tax season may not be your favorite time of year, but it can provide a catalyst for identifying and addressing any financial missteps you’ve taken over the past year.

    Here are four common financial mistakes that small-business owners make — and some exper…

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    Estimated Tax Payments: Should You Use Annualized Income?

    by on March 6, 2014

    Making estimated tax payments comes with the territory when you strike out on your own. If business is predictable, it’s easy enough to send the IRS a set amount on a quarterly basis. But if your income fluctuates throughout the year, how do you ensure you d…

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    What Is Nexus and How Does It Affect Your Small Business?

    by on February 11, 2014

    Nexus, also called “sufficient physical presence,” is a legal term that refers to the requirement for companies doing business in a state to collect and pay tax on sales in that state. For example, if you sell goods or services in Los Angeles, you must fil…

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