Financial Planning
Get legal advice on how to take control of your personal or business finances, whether you're tackling student loans, medical bills, taxes, or bankruptcy.
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Section 179 vs. Bonus Depreciation: Which Is Right for Your Business?
Since Section 179 and bonus depreciation are not mutually exclusive, your business can benefit from both. Learn how to leverage this to your advantage.
· 3 min read
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How Far Back Can a Business Be Audited by the IRS?
Everybody dreads an IRS audit. Generally, you can stop worrying about an audit after three years, but sometimes the IRS can audit up to six years back, and rarely, even longer. When can you stop worrying and throw out all your old receipts?
· 3 min read
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What You Need to Know About Filing an Offer in Compromise with the IRS for Your Business
Learn the basics about submitting an offer in compromise if you can't pay your federal tax bill for yourself or your business. It may be the solution you've been looking for.
· 5 min read
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Can a Small Business Get a Tax Refund?
Getting a tax refund is one of the silver linings of tax time. Can your small business get one?
· 3 min read
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Tax Do's and Don'ts for Gig Workers
Don't let your gig work lead to a surprise tax bill. Follow these tax dos and don'ts for gig workers to prepare for taxes and lower your tax bill.
· 5 min read
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How to Find Tax Deductions for Consultants
It's common for consultants to file taxes without knowing all the deductions they're entitled to. Don't let those write-offs fall through the cracks. Familiarize yourself with common and often-overlooked tax deductions for consultants.
· 6 min read
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How Long Do I Need to Keep Business Tax Records?
Discarding tax records too early could cause significant liability for your business.
· 3 min read
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Advantages of Using Online Tax Services
Online tax services can save you time and money.
· 3 min read
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Understanding Sales Tax Nexus for Small Businesses
Sales tax nexus laws vary by state and establish which businesses must collect and remit sales tax to a state.
· 3 min read
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1099 NEC vs. 1099 MISC
You may have noticed that independent contractor payments are now reported on the tax form 1099-NEC rather than the 1099-MISC. What prompted this change? Here's everything you need to know about this new informational IRS form.
· 3 min read