IRS Audit of Cryptocurrency: What to Expect
Jun 22, 2023
If the IRS picks you for an audit, it doesn’t necessarily mean you are underreporting your crypto taxes. Sometimes, the selection is random. Or, you could be in business with a potentially non-complia...
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Maximizing the Benefits of the New IRS Employee Limit for Small Businesses
Jun 22, 2023
Small businesses can now hire more employees without worrying about withholding federal income taxes. Here's how small businesses can take advantage of the recent IRS updates while complying with IRS...
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The Most Common IRS Tax Problem Vexing Small Business Owners
Jun 21, 2023
For most small businesses, taxes are a financial and administrative burden. So many fall into the estimated tax trap not because they don’t pay their taxes in their entirety, but because they don’t fo...
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The Most Common IRS Tax Problem Vexing Small Business Owners
Jun 21, 2023
For most small businesses, taxes are a financial and administrative burden. So many fall into the estimated tax trap not because they don’t pay their taxes in their entirety, but because they don’t fo...
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FAQs on IRS Letter and Notice
Jun 21, 2023
Receiving a letter or notice from the internal revenue service (IRS) can be nerve-wracking, and seem intimidating with all of its forms and tax jargon. It's understandable if you might feel overwhelm...
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Common Reasons the IRS Will Audit You
Jun 21, 2023
IRS audits are relatively rare. However, some factors raise red flags with the IRS, making your tax return more likely to be pulled out for examination, if not a full-blown audit.
Here are the five...
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Consequences of Past-Due Business Taxes
Jun 21, 2023
Dealing with past-due business tax debt is anything but a walk in the park. But with the right support and a proactive approach, you should be able to overcome your financial situation and steer your...
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Free Options for Business Tax Debt
Jun 21, 2023
Tax season can be a stressful time for business owners, especially so when there's a need to worry about managing business tax bills.
Here are several free options to help you manage your business...
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What is a tax lien? What about a tax levy? And what should you do about them?
Jun 05, 2023
If you have unpaid taxes, the IRS has the authority to place a tax lien on your assets as a legal claim to ensure payment of your tax debt. This can apply to all your property, including any future in...
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What is a tax lien? What about a tax levy? And what should you do about them?
Jun 05, 2023
If you have unpaid taxes, the IRS has the authority to place a tax lien on your assets as a legal claim to ensure payment of your tax debt. This can apply to all your property, including any future in...
See Full Guide