finding an enrolled agent

Finding an Enrolled Agent for Complex Tax Issues

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Imagine running a successful business that has no trouble meeting its target metrics. You also have a passionate target demographic and a motivated team.

Overlooked tax obligations, then bring your success to a halt.

Money is strongly linked to mental health, and it’s imperative to handle your taxes appropriately no matter what classification you pay under.

While common tax issues are easy enough to overcome on their own, it’s recommended to work with tax services to handle complex problems.

Without the right tax solutions on your side, you risk making additional oversights and exacerbating your situation.

Let’s explore what you need to know about finding an Enrolled Agent who can guide you.

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tax accounting service

Leveraging A Tax Accounting Service for A Hassle-Free Tax Season

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In 2023, legislation was passed that will give the IRS $80 billion in funding over the next 10 years.

This means the organization will have the resources to increase the number of audits they can conduct.

The last thing you want is to find yourself or your business on the receiving end of an IRS investigation.

Paying your taxes doesn’t have to be stressful, and many people choose to outsource to a tax accounting service to handle this obligation.

Before hiring a tax professional, though, there’s certain information you should keep in mind.

Let’s explore how to find the best tax services for your situation.

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tax preparation services

Expert Guidance: What to Look for in Reliable Tax Preparation Services

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No one likes dealing with taxes, but it’s simply unavoidable.

Things can be very complicated and making any mistakes could lead to some serious problems.

If you want to make things easier for yourself, you could hire tax preparation services.

They can help you in a range of ways so that things go smoothly.

You’ll be able to get everything right and ideally avoid an IRS audit.

But the question is, who should you contact?

In this guide, we’ll go over some key considerations that will help you find the best tax preparation services for you.

Keep reading for more. Read more

prevent irs audit

How Can You Prevent an IRS Audit? Navigating the Tax Landscape with Confidence

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Navigating taxes as a small business owner can feel like a minefield.

And for many, there’s nothing more daunting than facing an IRS audit.

While there’s no guaranteed way to prevent IRS audit, there are steps you can take to lower the risk of setting off those audit alarms.

In 2022, the IRS conducted over 700,00 tax return audits and found that $30.2 billion in extra taxes were owed.

Currently, the likelihood of being audited is slightly under 1%.

However, making mistakes or leaving things out might inadvertently raise red flags.

Inviting closer inspection from the tax authorities.

In this blog, we’ll discuss practical tips to keep your business safe from the audit spotlight.

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business tax returns

Mastering Your Business Tax Returns: Strategies for Success

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Filing a small business tax return is far more complicated than filing an individual tax return.

In fact, 80% of small business owners feel stressed during tax season.

To make this time of year manageable, it’s important to know the strategies you can implement for success.

The strategies involve following the correct steps it takes to file business tax returns.

It’s time to become the master of tax returns.

Keep reading to learn what you should be doing to prepare.

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business accounting a mess

Business Accounting a Mess? How to Get Back on Track

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According to the IRS, almost 90% of taxpayers pay a professional or use software to file their taxes.

If you’ve been doing business taxes on your own, you know how complicated the process can be.

In fact, you could be struggling to grow your business because it has become a financial liability.

You might be aware that your business accounting is a mess but not be motivated to fix it because you’ve just accepted that’s how it is, you think it’s too expensive to fix, or you don’t realize the negative outcomes it can have on your company.

Is your business accounting a mess? It can cost you money and time, and cause your overall business to suffer even if you don’t know it.

Let’s change that.

Get serious about fixing the mess by learning what to do.

Keep reading as we dive into the steps.

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in-house controller vs. virtual controller services

In-House Controller vs. Virtual Controller Services: What’s Best for Your Bottom Line?

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Many of you have probably thought, “Starting a business should be simple.”

Saying so is one thing, but it’s easy to fall short on the financial aspect.

Many companies operate without marketing budgets or have generally poor money management skills.

You need help managing your finances.

So here’s the question: In-house controller vs. virtual controller services, which is better for your business?

Which of these financial overseers will work best for you?

There is much to cover regarding who does what in business finance and which type of controller is the better choice.

Read on as we discuss controllers, what virtual controllers are, and which is better for you.

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affordable accounting & tax services

Simplify Your Finances with Affordable Accounting & Tax Services

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Running a business comes with many challenges, but there are also unique rewards.

You can make your schedule, work from where you’d like, and have better control over your income.

As of August 2022, the average small business owner makes between $30,000 and $146,000 annually.

Regardless of how much you make, understanding your business taxes is crucial.

The good news is that outsourcing to affordable accounting & tax services can streamline your tax obligations.

Let’s explore how to choose the best option and the benefits they can provide. Read more

bookkeeping services in california

Navigating California Taxes Made Easy with Bookkeeping Services

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The statewide tax rate in California is over 7%.

That’s only one piece of a more complicated puzzle, especially if you’re trying to run a successful business.

Are you having a hard time with your business taxes in California?

For many, the mere idea of handling California taxes can make one start sweating.

The good news is that bookkeeping services in California are a promising solution.

Keep reading to learn how these professional services can rescue your business and provide valuable help with taxes.

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preparing to hire controller

Preparing to Hire Controller Services: Demystifying the Hiring Process

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Could your company benefit from hiring a controller?

If so, you’ll be happy to hear that there are more than 200,000 controllers working throughout the U.S. today.

Because of this, you shouldn’t have any trouble drumming up interest in controller jobs.

This should put your mind at ease when you’re preparing to hire a controller.

But one thing you should consider is the idea of hiring a fractional controller to work for your company as opposed to a full-time controller.

You’ll be able to enjoy all the controller benefits when you take this approach without having to spend money paying a full-time controller a salary.

Does this idea interest you?

Then you should take the time to learn more about this option when you’re preparing to hire a controller.

Discover all about the hiring process you’ll have to go through when you choose to hire a controller service to set you up with a fractional controller below.

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