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How Much Is a Tax Consultant?

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If you own a business or earn a significant income, you may be wondering how to manage your tax situation and how much a tax consultant costs. There is a lot to consider when weighing the costs and benefits of hiring a tax consultant. A tax consultant can help with any of these issues.

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Copy Amazon’s $0 Tax Strategy! How to Write Off Taxes (Easy Guide)

LyfeAccounting

We’ve all heard it before… Amazon paid $0 in taxes while making over 11 billion dollars in profit. And while most businesses were paying their fair share of taxes, in 2018, Amazon received a rebate of $129 million. This basically means Amazon got a federal tax refund for millions of dollars. How to Write Off Taxes Like Amazon.

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New SBA PPP Loan Forgiveness Portal | Apply for Forgiveness Easier

LyfeAccounting

Some documents you would need to include in your forgiveness application are: Bank statements or third-party payroll service provider reports. Payroll tax filings. But if you have any questions or if you have had issues getting your PPP loan forgiven, then work with our tax consultants today. Contact us now!

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PPP Loan 2021 – FAQ & How To Get Approved + Forgiven

LyfeAccounting

Note that you will want to speak to your accountant or lawyer for specific advice regarding your specific situation. You had paid salaries and payroll taxes or paid independent contractors. Second, you can use your 2019 and 2020 annual tax returns to confirm the revenue reduction. aka PPP loan 2021. 10 million.

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Tax Benefits & Differences: Sole Proprietor vs. LLC vs. S-Corp vs. C-Corp | Which Business Entity is Best?

LyfeAccounting

?. Which business entity is going to save you the most money on your taxes? Now, your tax expense can greatly vary based on the entity you select here. So by the end of this post, we hope that you’re saving thousands and not paying thousands more than you have to in taxes. Legal vs Tax Entity. So, you’re taxed twice.

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Small Business Tax Filings – Everything You Need to Know to Avoid IRS Penalties!

LyfeAccounting

?. In today’s post, I’ll be going over everything you need to know about tax filings for your small business and how to stay out of trouble with the IRS. Similar to yourself as an individual, your small business has tax requirements that must be met in order to avoid unwanted penalties and interest from the IRS. Sound good?