This is not a scam!
The IRS has announced that it will conduct special “compliance efforts” for businesses and individuals in various communities. The purpose is to meet face-to-face with taxpayers with ongoing tax issues. These meetings will take place in areas where the Service’s...
Household Employees
How do you determine if an individual who is hired to do household work is considered a household employee or an independent contractor? Per the IRS guidelines, an individual who works around your home is considered a household employee if you can control the type of...
Get Ready for Taxes: Safekeeping tax records helps for future filing, amended returns, audits
Get Ready for Taxes! WASHINGTON — With the tax filing season quickly approaching, the Internal Revenue Service wants taxpayers to understand how long to keep tax returns and other documents. This is the seventh in a series of reminders to help taxpayers Get Ready for...
Quickbooks Corner: The best gift you can give your accountant
The best Christmas present for your accountant is organized records. Follow these simple steps and you’ll feel the love all the way through 2019. Use Quickbooks to help: Reconcile your bank and credit card accounts up to December 31, 2018. Print the reconciliations...