Tag: Business

Loading...

The Tax Cuts and Jobs Act is the most sweeping update to the U.S. tax code in more than 30 years. The reforms will simplify taxpaying for many individual Americans, lower taxes on individuals and businesses, and update the business tax code so that American corporations and the people they employ can be globally competitive…

Loading...

Had a great year last year and suddenly enjoyed a surge in income? You could have a target on your back for an IRS audit. While getting audited is no fun, you can survive! The key to remember is you need to have solid documentation to back up any claims you make about your overall…

Loading...

Business Losses and Net Operating Losses   Businesses don’t always earn a profit. This is particularly likely to occur when they are first starting out or when economic conditions are bad. If you’re in this unfortunate situation, you may be able to obtain some tax relief. This could provide you with a refund of all…

Related Posts