Business Tax Benefits
As a business owner, financial setbacks can sometimes lead to more deductions than income. While it may seem like a straightforward benefit to offset losses,
November 26, 2024
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Blog
Tag: tax compliance
Tax Scams
For business owners, finding a trustworthy tax preparer is essential. However, as seen in the recent case of Salvador Gonzalez, a Riverside County man sentenced
November 18, 2024
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Tax Fraud
The recent indictment of Ryan Ulibarri, a dentist in Colorado, serves as a stark reminder to business owners: don’t be tempted by complex tax schemes
November 15, 2024
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Payroll Taxes
Adopting a child is not only a deeply fulfilling journey but also a significant financial commitment. Recognizing the expenses involved, the IRS provides various tax
November 11, 2024
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Business
One of the biggest tax-related questions for business owners is whether the IRS will classify an activity as a business or a hobby. The answer
October 28, 2024
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Business Tax Audits
As a business owner, understanding the IRS audit triggers is essential for staying on the right side of tax compliance and avoiding potential issues. Many
October 28, 2024
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Tax Fraud
Fraud and Tax Evasion Lessons for Business Owners: The Case of a Federal Head Start Program Director
When it comes to fraud and tax evasion, it’s not just a matter of breaking the law—it’s a betrayal of trust that impacts everyone involved,
October 28, 2024
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Tax Evasion
In the ever-evolving landscape of tax compliance, recent events involving high-profile figures highlight the complexities and challenges businesses face when it comes to their financial
October 28, 2024
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Payroll Taxes
Joseph Dickey, the owner of Alpine Customs, a construction company in Montana, recently faced serious consequences for failing to remit payroll taxes. This story highlights
October 28, 2024
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Payroll Taxes
Hiring household employees such as nannies, housekeepers, or caregivers can significantly ease personal and family responsibilities, but it also brings tax obligations that business owners
October 28, 2024
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