Receive Money through Zell Venmo or PayPal? Expect IRS Form 1099K
Form 1099K Issued to Many Unsuspecting Taxpayers
Federal Mileage Rate
When determining your business’s annual vehicle expenses, you generally have the option of using actual expenses incurred or the Federal Mileage Rate. Who Uses the Federal Mileage Rate Using the Federal Mileage Rate primarily involves keeping track of miles...
A Single Member LLC to an S-Corp
Electing to have your Single Member LLC treated as an S-Corp for tax purposes could lead to tax savings. Discover the advantages of S-Corp election.
When Should I Use a CPA to File My Taxes?
Filing taxes can be a hassle. If you’re an individual and only need to fill out a W-2, you can likely handle that yourself. But when your return is more complex, you might find it’s worth hiring a professional — someone who can save you not only time and stress but...Swimming With Sharks: Having Your Tax Return Flagged For Audit
Tax Audits Red Flags
Using Tax Software, Think Again
Tax Software versus Tax Professional