Gambling feels like a shot at easy money—until tax time rolls around. Win or lose, the IRS is always at the table, and the tax
February 13, 2025
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Blog
Category: Tax Record Keeping
Tax Record Keeping
Every year, business owners and self-employed professionals find themselves in the same situation—scrambling to pull together tax documents at the last minute. It’s a stressful
February 13, 2025
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IRS Audit Help
As a business owner, safeguarding client information isn’t just good practice—it’s a legal requirement. The IRS has recently introduced a Written Information Security Plan (WISP)
January 21, 2025
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Identity Theft
As a business owner, safeguarding client information isn’t just good practice—it’s a legal requirement. The IRS has recently introduced a Written Information Security Plan (WISP)
January 13, 2025
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Tax Preparation Options
Tax season is a pivotal time for business owners. It’s not just about filing returns; it’s about doing so with accuracy and efficiency while minimizing
January 10, 2025
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Business Tax Incentives
The IRS has once again updated its reporting requirements for Form 1099-K, extending transition relief for business owners and individuals who use third-party settlement organizations
January 7, 2025
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Tax Preparation Options
The October 15th deadline for tax extension filers is approaching quickly, and now is the time for business owners and individual taxpayers to gather all
January 3, 2025
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Cryptocurrency Taxes
The IRS recently announced a significant shift for cryptocurrency reporting, impacting those who rely on digital assets. Until now, taxpayers could use “universal wallet” accounting,
December 20, 2024
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Business Tax Benefits
In the wake of a natural disaster, one of the most challenging tasks for business owners and individuals is reconstructing financial and tax records. These
December 19, 2024
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Business Tax Audits
For business owners, receiving an audit notice from the IRS can be stressful and confusing. Understanding the audit process and how to handle it can
December 9, 2024
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