Taxes Articles

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    Retirement Income Taxation: Tips to Avoid Overpaying

    by on November 12, 2014

    For members of the working world, taxes tend to be an unpleasant yet largely bearable fact of life. However, when it comes to retired individuals, taxes are often far more than a mere inconvenience.

    According to a recent article by U.S. News & World Rep…

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    3 Reasons to Log Your Vehicle Mileage

    by on November 11, 2014

    Claiming the tax deduction for business-related mileage can reduce your t ax burden, but ensuring that you realize true value from this benefit requires careful record keeping. (In fact, the IRS explicitly asks whether you have written documentation of mileage…

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  • taxes

    Backup Withholding 101 For Small Business Owners

    by on October 31, 2014

    At some point in the life of a business owner, you will probably bring in contract workers to assist you in serving your customers and clients. While the paperwork for these contractors is much simpler than for a regular employee, there are some steps you nee…

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  • 1099 form 2014

    Understanding the Different Types of 1099 Forms

    by on October 17, 2014

    As a business owner, you not only need to do work for your clients and customers, but also handle the back-office tasks. This includes billing, accounting, marketing, and taxes. Tax forms you’re likely to have to manage include those that begin with the number…

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  • tax stress

    5 Simple Ways to Save Yourself Stress Before Tax Time

    by on October 10, 2014

    Tax season won’t get underway for a few more months, but now’s the time to start planning ahead. Waiting until the last minute to get your records in order could easily increase your odds of making a critical error on your return, and it significantly elevat…

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  • tax audit

    The 8 Most Common Tax Audit Triggers

    by on October 2, 2014

    Most small-business owners would say one thing they would meticulously avoid if given the chance is a tax audit. But rather than living in fear of the unknown, let’s take a look at some of the most common triggers for a small-business tax audit. The IRS uses…

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  • tax calculations

    Top Tax Write-Offs for Small Business Owners

    by on September 15, 2014

    With each tax deduction you take, you reduce your overall tax burden. And as a small-business owner, you can use all the relief you can get.

    Make sure you don’t leave money on the table this tax season by taking advantage of these top tax write-offs:

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  • 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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