AVOID TAX PENALTIES – FILE ON TIME

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FILING ON TIME SAVES PENALTY FEES There are two reliable tactics to avoiding tax penalties: having a stable year-round accounting system and being on time.   Build a simple but structured  calendar for both your business and personal tax returns that can help you keep up with your … [Read more...]

AVOID 1099 PENALTIES

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AVOID POTENTIAL FOR PENALTIES. LATE 1099 FILING PENALTY IS NOT WORTH THE RISK Specifically, not providing a correct statement (intentional disregard) carries a penalty of $250 per 1099, with no maximum for the year. $50 penalty per 1099, if you file within 30 days of due date. $100 per 1099, if … [Read more...]

CORPORATE TAX DEADLINE MARCH 15, 2014

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The DEADLINE to file CORPORATE TAX RETURNS (forms 1120, 1120A, and 1120S) is THRUSDAY MARCH 15th.                      Provide us with the following information to complete your tax return:                                                 __ Copy of your prior year Income Tax Returns              … [Read more...]

TAX PLANNING & YEAR END REVIEW

KEY TO SUCCESS

With a YEAR END TAX PLANNING AND ACCOUNTING REVIEW we can project this year’s Income Tax Results allowing enough time to make positive and meaningful adjustments before year end results are reported. We can suggest and help implement a variety of TAX SAVING techniques for your benefit. We work with … [Read more...]