Maintaining accurate and organized tax records is crucial for every business owner. Proper recordkeeping can not only ensure that your tax returns are prepared accurately,
As a business owner, operating an S Corporation (S Corp) comes with various tax benefits, but it also requires diligent adherence to IRS regulations. The
In a recent case that highlights the severe consequences of tax evasion, a Newark construction business owner admitted to evading taxes by using a check-cashing
A recent case involving a Rochester businessman pleading guilty to a tax charge has highlighted the serious consequences of failing to meet tax obligations. This
Schedule C filers, the backbone of many small businesses and sole proprietors, face a daunting reality: they are statistically 3-10 times more likely to be