3 Common Tax Issues for Small Businesses
Small businesses have a lot to consider as they work to bring in profits and stay viable. Many small business owners know that there are different tax obligations that they may face depending on various factors such as whether they have employees, how the company is organized, and whether they are selling goods or services … Read more
Tips That May Help You Avoid a Tax Audit
Tax season is here, and some filers scramble to get the help they need to get the numbers just right for a possible refund. But, sometimes, they are surprised to learn that the IRS has decided to audit their tax return. “What did I do wrong?” and “Why am I being audited?” are among the … Read more
What Are The Tax Benefits of Forming A Living Trust?
A living trust allows you to place your assets in it while designating someone you trust to administer the proceeds upon your death. The designee is bound by the wishes stated in the trust agreement. While you are still fully capable, you have the benefit of adding to, subtracting from, or making any changes that … Read more
What Are Liens And Levis?
What is the difference between a tax lien and a tax levy? If you don’t have the time to read the rest of the article, here’s a great way to summarize the differences: a tax lien does not result in the IRS taking your property from you. A tax levy does. Sometimes, taxes and bills … Read more
Tax Exemptions How Do They Work?
Taxes: we all know about them. We have to pay them, because we are legally obligated to do so. Otherwise, we might go to jail- and let’s be honest, no one wants that. We have to contribute to the building of our roads, and paying for the public education system and more. Tax is a … Read more
Tax Resolution Experts Near Me|South East Michigan
Tax Resolution: What You Need to Know As much as people hate to deal with the Internal Revenue Service or IRS, sometimes there are tax concerns that need to be addressed. And the IRS is only doing their job after all. So we can all agree that tax resolution is a necessary part of any … Read more