Being self-employed offers the flexibility of being your own boss, but it also comes with managing your own taxes. Understanding how to calculate your taxes can help you avoid penalties and comply with state and federal requirements. Understanding self-employment tax...
Tax Law
Understanding tax law and preparation
Taxes play an important role in society, funding public services and infrastructure. However, understanding tax law and preparing taxes can seem daunting. Several methods exist to clarify the process and offer straightforward steps for efficiently managing your taxes....
How to handle an IRS audit
Receiving audit notification from the IRS can be daunting and stressful. However, there are steps you can take to prepare for your audit. It is beneficial to have a clear understanding of IRS audits and how to navigate them effectively. Understanding why audits occur...
4 tips for small business owners to consider ahead of tax season
While tax season is a time of celebration for many Americans eagerly awaiting their tax returns, it can be a time of stress for many business owners. The 2023 tax season presents unique situations of which business owners need to be aware this time around. By staying...