Tax planning is extremely important. Start getting ready now to file your 2020 tax return by collecting the documents and forms you’ll need.
Do you have unfiled income tax returns, from this or any previous year? Regardless of the reason, file your tax return as soon as possible.
An IRS audit; three words that can create stress and anxiety for taxpayers. Never ignore an IRS audit notice. Here’s what to expect and how to prepare.
Business owners may be able to deduct the entire price of equipment in the purchase year, instead of depreciating it across years. Section 179 of the IRS Code details how it works.