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Justice Department Continues Efforts to Stop Fraudulent Tax Preparers

CPA Practice

“If your preparer asks you to sign a blank return, refuses to sign your return as your return preparer, or is charging you a fee based on the size of your refund, consult the IRS’s website and tips to make sure you are not exposing yourself to trouble.” “Tax Goldberg of the Justice Department’s Tax Division. “As

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Tax Deductions Guide 2021

inDinero Tax Tips

The current business tax rate is 21% at the federal level, plus state corporate taxes that range anywhere from 0-11.5%. Each state has different tax laws , and it’s a good idea for businesses to get advice for tax preparation. Many of them may affect the 2021 tax year. Changes on the Horizon.

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NEW Tax Deduction: Business Meals are 100% Deductible in 2021!

LyfeAccounting

Today, we have a major update for you – business meals are now 100% deductible as of the year 2021. This is going to help you minimize your tax liability by writing off 100% of your business meals, which in turn, is helping the restaurant industry bounce back from a devastating recession. So, there you go!

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Beyond tax season: creating revenue stability year-round

ThomsonReuters

Stay top-of-mind with tax and accounting clients all year. Companies that only offer tax services have to start over each year building a brand through marketing and advertising. Tax accountants who only earn an income part of the year have to figure out how to stretch that income through the lean months.

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Dates and Deadlines: When You Can File Small Business Taxes in 2022

xendoo

Generally, the IRS will begin accepting electronic tax returns by late January. In 2021, the IRS didn’t begin accepting returns until February 12, though this seems to be an anomaly. By January 24, you’ll likely be able to file a business tax return. This date, of course, assumes you’re ready. June 15, 2022: U.S.

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General Business Credit (Form 3800): How To Fill it Out and Get Tax Credits

xendoo

You can always use a business tax service like Xendoo and a tax CPA can do it for you. CFO services? A tax credit that you received last year might not be available this year. See how Xendoo’s business tax preparation can help you today. Start in minutes Bookkeeping?

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General Business Credit (Form 3800): How To Fill it Out and Get Tax Credits

xendoo

You can always use a business tax service like Xendoo and a tax CPA can do it for you. A tax credit that you received last year might not be available this year. If you want to avoid the headache of filing Form 3800 and the rest of your taxes on your own, consider a business tax service that has CPAs.

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