As a business owner, making the right hiring decisions can significantly impact your company’s tax obligations. Should you hire independent contractors or employees? Each classification has distinct tax responsibilities, financial considerations, and potential savings. Understanding these tax implications of hiring independent contractors versus employees is crucial for managing your business and avoiding costly IRS penalties. […]
Is accounting one of your biggest hurdles as a small business owner? You’re not alone in this challenge. In fact, surveys reveal that 60% of fellow business owners don’t feel as confident as they should be about accounting. Investing in essential accounting services is the first step in conquering this challenge. You’ll also learn fundamental […]
It’s the night before Tax Day. Across the country, millions of Americans are making last-minute decisions about their tax returns. Some are confidently clicking “submit” on their DIY tax software, while others are frantically searching for an accountant who can squeeze in one more client. The choice between self-filing and professional help isn’t just about […]
Are you a small business owner in Chandler, Arizona, struggling to keep up with your finances? You’re not alone. Many local entrepreneurs find themselves drowning in numbers when they should be focusing on growth. That’s where controller services in Chandler, AZ, come into play. These financial wizards can be the secret weapon your business needs […]
Are you among the 53% of Americans who are frustrated by how complex the federal tax system is, according to Pew Research? The rules and regulations can be confusing, and mistakes can lead to penalties. This is where Phoenix tax services can help. They’re your secret weapon for personal tax success. Read on to see […]
We’re rapidly approaching October 15th, which means that anyone who filed for a 2023 tax extension will soon owe payments. What if you’re not ready to make them? What if you never filed an extension in the first place? In 2021, the US hit a new record with over $688 billion worth of unpaid taxes, […]
Are you one of the many businesses struggling to make sense of complex tax regulations? Are you worried about past-due tax returns or staying on top of business tax compliance? Whether a new business owner or an established company, the complexities of tax laws can lead to costly mistakes. Failing to comply with ever-changing tax […]
It’s estimated that each year Americans fail to pay roughly $688 billion in taxes. While some of this amount comes from non-filers, the vast majority is from households or businesses that can’t afford their tax debts. Being in debt to the IRS can feel like a shadow is constantly looming over you. Plus, the pentalty […]
Almost one in four Americans owes the IRS some amount of back taxes. When hard times coincide with tax season, many people fall into arrears. While many see these debts as non-negotiable, the IRS can come to the negotiating table the same way any other lender can. If you’ve fallen into a pit of debt […]
Imagine running a business that has a stellar branding strategy and offers premier products. It also has no trouble keeping its team aligned with its goals. However, tax problems arise that quickly bring your momentum to a halt. Many people encounter tax issues but are unsure whether to hire an enrolled agent or a tax […]
