What are Some Options for Small Business Tax Relief?


by Jamie Vankirk on April 01, 2019  0 Comment

What are Some Options for Small Business Tax Relief?
Tax deductions are one of the most overlooked ways that a small business can get tax relief. In the event that the IRS audits your business, make sure you keep good records for the deductions you've taken and always hold on to your receipts. If you're unsure if something qualifies as a deduction, ask a professional.As a small business owner, do you feel overwhelmed by filing taxes? Don't worry, it's a common feeling. Taxes, especially for small businesses, can get complicated quickly, but we're here to help. Luckily, small businesses can take deductions to offset their expenses throughout the year, which can go a long way toward lowering your tax burden.Small business owners often rely on these deductions to make ...

What You Need to Know If You’re Unable to Pay Your Back Taxes


by Jamie Vankirk on April 01, 2019  0 Comment

What You Need to Know If You’re Unable to Pay Your Back Taxes
It is important that you file your taxes, even if you can't afford to pay your tax debt. Contact the IRS, and be upfront about what you can pay and when you can pay it. Take charge of the situation to avoid large tax debt in the future.Tax season is just getting started. If you have to pay, you might be wondering what your options are if you don't have the money to do so. Don't make the mistake of assuming nothing can be done. Taxes can be scary, but it's important to stay calm and research each possible route thoroughly. If you're unable to pay your tax debt, we've provided some strategies below to get you started. File ...