by George Simpson | May 25, 2023 | Business News
Are You in Danger of Being Audited by the IRS? – Professional Tax Services The IRS will spend $80 billion dollars over the next ten years, which will result in hiring 87,000 auditors over that period. The intention of the Democrats who passed the Inflation...
by George Simpson | Apr 25, 2023 | Business News
2023 Tax Planning for Small Businesses Professional Tax Services Although it is unlikely that we will see new legislation that will impact small businesses for 2023, some may see tax increases due to changes in deductions by the IRS. This includes having to amortize...
by George Simpson | Mar 30, 2023 | Business News
Tax Planning for 2023 As tax season draws to a close, it is the perfect time for you to begin concentrating on tax planning. Tax planning’s purpose is to reduce your tax liability for the current year, as well as for years to come. This requires taking advantage of...
by George Simpson | Feb 24, 2023 | Business News
Tax Extension Might Be the Better Choice This year taxes are due on April 18. If you are going to owe tax for calendar year 2022, make your payment by the due date to avoid penalties. However, it may not be best for everyone to file their taxes by the April...
by George Simpson | Jan 24, 2023 | Business News
Preparing to See a Tax Professional You have always prepared your own tax returns. However, your financial situation has become more complicated and you need the assistance of a tax professional. But, how do you prepare for your meeting?Hopefully, you have selected...
