The Difference Between CPA and Accounting Firms
If you’ve never worked with a tax professional before, it’s natural that you’d have questions about the difference between a Certified Public Accountant (CPA) and an accounting firm. For this blog post, we wanted to highlight some of the ways that CPAs and accountants are alike, while noting the key, important ways in which they […]
How Accounting Services Can Help You with Independent Contractor Taxes
If you’re an independent contractor (and you’ve received a form 1099 for the 2019 tax year), you’ll need to plan for independent contractor taxes. If you don’t plan for IC taxes, your end-of-year tax bill could be both surprising and hefty.
How Accounting Firms Help Business Owners with Self Employment Tax
Anyone who has ever dealt with self-employment taxes will tell you that the process can be both complicated and stressful- especially if it’s something they’ve tried to handle on their own. Simply stated, self-employment tax that’s imposed on self-proprietors, freelancers, and small business owners to fund Social Security and Medicare. Anyone who has more than […]
Tips for Filing a Seamless Tax Return
The US tax deadline has been extended to July 15th, and if you haven’t filed your taxes yet, you’ll want to do so sooner than later. If you’re among those who hasn’t yet set up an appointment for tax return services, below are just a few ways you can get yourself organized.
Top 2 Things to Do Before Your Tax Preparation Appointment
If you’re among the millions of Americans who prefers to have their taxes prepared by a professional, you’re already on the right track. Working with a CPA not only helps ensure your taxes are prepared correctly, you’ll have the peace of mind that comes with knowing you’re working with someone who is up to date […]
COVID-19 Tax Relief – 2019 Tax Deadline for Filing and Payment Moved to July 15th!
The Treasury Department and the Internal Revenue Service are providing special payment and filing relief to individuals, corporations, trusts and estates in response to the COVID-19 Outbreak. The April 15, 2020 tax deadline for filing has been extended until July 15, 2020. In addition, balances due with your 2019 return and 2020 estimated tax payments […]