Many people look for help from professionals when it’s time to file their tax return. If you use a paid tax preparer to file your return this year, the IRS urges you to choose that preparer wisely. Even if a return is prepared by someone else, the taxpayer is legally responsible for what’s on it. [...]
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A Fun Exercise for All You Business Owners
Call three of each of the following: those you DO business with now; those you USED to but no longer do business with, and those you have NEVER done business with. As them all “WHY do you/ did you/ never have done business with me?” DO NOT give them the third degree- this is a [...]
Three Tips for Employers Outsourcing Their Payroll
Outsourcing payroll duties to third-party service providers can streamline business operations, but the IRS reminds employers that they are ultimately responsible for paying federal tax liabilities. Recent prosecutions of individuals and companies who – acting under the guise of a payroll service provider – have stolen funds intended for payment of employment taxes makes it [...]
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