Tag Archives for " IRS "
5 Tax Strategies for Small-Business Owners
Many small-business owners don’t take full advantage of the opportunities available to them to reduce what they pay in taxes. Below are a few often-overlooked tips to consider. Small-business owners
Read MoreDeducting Mortgage Interest in 2018
The deduction is still there, but you might not be able to use it anymore. One of the most popular and lucrative tax breaks has been the deduction for mortgage interest, and while tax reform didn’t
Read MoreSome Key 2018 Tax Law Changes (for Business & Employers)
The Tax Cuts and Jobs Act represents the most significant overhaul to the U.S. tax code in more than three decades, so millions of Americans are wondering which tax breaks they’ll still be able
Read MoreOffering Trust Fund Recovery Service can Enhance Your Practice
Trust Fund Recovery Penalty (or TFRP) resolution is a very important part of any tax problem resolution practice, and it can mean a lot of extra income for any CPA practice offering this service – there’s
Read MoreWhat Should You Do with Your Tax Refund?
So you already filed your 2017 taxes and you’re getting a refund. Congratulations! The average, according to the IRS, is more than $3,000, which is a mini-windfall of sorts. Maybe you’ve been eyeing
Read MoreAbout IRS Tax Audits and How to Avoid Them
Most people cringe when they hear the word audit – and it’s a deserved reaction. Going through the process and ultimately resolving an audit is definitely not fun and could be costly, so it’s
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