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Practical guidance on tax, audit defense, bookkeeping, and compliance from our CPA team.
Cash Basis Method of Business Tax Planning [Guide for Cash Basis Taxpayers]
Cash basis versus accrual: how timing income and expenses lowers taxable income, which businesses may use the cash method, and the records it demands.
Things to Consider Before Filing 2022 Tax Return [Important Tips]
Standard deduction changes, the document checklist, and choosing a filing status: what to settle before you file, and how each choice moves the total.
Maximizing Your Tax Savings: How Equipment Purchases Can Benefit Your Business
Equipment purchases cut tax as well as cost. How the Section 179 deduction works, what qualifies, the spending cap, and the business-use threshold.
How to Get a Copy of Your W-2 Form If You've Lost It
Lost your W-2? How to request a replacement from your employer, what to do when that fails, and how to get your wage data from the IRS instead.
Avoid Costly IRS Penalties: Qualify for First-Time Penalty Abatement Today
First-Time Penalty Abatement can waive failure-to-file and failure-to-pay penalties. The three eligibility tests, and how to request the relief.
How To Maximize Tax Savings of S-Corp Owner
S corporation owners escape double taxation, but only with the right salary, records and deductions. The strategies that keep the position defensible.
Last Date to Claim Employee Retention Tax Credit - ERTC
What the Employee Retention Credit covered, how the claim window worked, and where employers that have already filed an ERC claim stand today.
File Form SI-100: Keep Your California Business Compliant
Form SI-100 keeps a California nonprofit or entity in good standing. Filing windows, late penalties, and what suspension or dissolution would cost.
Why Dissolving a Non-Operating Business is Crucial [Don't Let Your S-Corp Haunt You]
An inactive corporation still owes returns, California's $800 franchise tax and a registered agent. What dissolving it properly saves you every year.
Avoid a Tax Audit: How to Keep Your Tax Returns Off the IRS Audit Radar
Eight filing mistakes that raise IRS audit risk, from unreported income to outsized charitable deductions, and the records that keep a return clean.
When Can You Expect Your Income Tax Refund for 2022?
IRS refund timing for e-filed and paper returns, and the delays that intervene: errors, certain credits, identity checks, mail, and offsets for old debt.
A Comprehensive Guide to Accounting Due Diligence for an Existing Business.
Buying a business? The due diligence steps that verify its books: historical statements, inventory, liabilities, internal controls and cash flow trends.
Identifying Profitable Business Opportunities: A Guide to Evaluating Market Trends
How to read market trends and find a gap worth entering, what picking the right opportunity actually buys you, and the research that beats a guess.
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