Tag Archives: Business Tax Settlement
When choosing a business tax preparation specialist or a tax advisor for your personal needs, it is very important to select a trustworthy expert with proven experiences in tax settlements and good reviews. This is what clients of TaxMasters, a now bankrupt tax preparation company in Houston, Texas, found out after trusting their taxes to this company based on a commercial promising to settle tax debt for less. TaxMasters is now being sued by the State of Texas because while they claimed that they would get a free consultation with a tax specialist by calling a number in their TV … Click to Read More
While taxes for 2011 are due in April, it is important to take care of any IRS notices and bills from past years that were not paid when due, called back taxes. Here are some frequently asked questions about back taxes in relation to business tax preparation. What back tax issues are commonly encountered by small businesses? · Due to the complexity of tax law, many small business owners do not know how to use available deductions to reduce their lax liability and therefore end up with tax balances that are more than the business can afford to pay. · With the current … Click to Read More
Due to the complexity of tax law as it applies to self-employed individuals, the best tax strategy available is often to enlist the help of a qualified tax professional to handle all business tax preparation. Many self-employed taxpayers do not know how to use available tax deductions to reduce their tax liability and therefore end up with tax balances that are more than they would otherwise be required to pay. In addition, self-employed individuals have certain tax obligations which, if not met according to the strict guidelines outlined in governing tax codes, can result in unwanted consequences including interest, penalties, … Click to Read More
As you close out your finances for 2011, you or your business may need help understanding how to file and settle your IRS taxes. Filing incorrect information can be problematic. Errors may can mean that you are missing out on deductions, that you have paid too little (and can be hit by penalties, fines, or interest later in the year), or even that your company could be selected for an audit. At BusinessTaxPreparation.com, we have the experience to provide business tax services that will maximize your business deductions and ensure that your tax filing is accurate. While we recommend hiring a tax professional, here are some tax planning tips … Click to Read More