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S Corporations: Tax Preparation, Tax Planning, and the Benefits of Professional Tax Help

MyIRSRelief

Unlike sole proprietors or partners in a partnership, S Corporation shareholders are not subject to self-employment tax on their share of the corporation’s income. However, they must pay themselves a reasonable salary, which is subject to payroll taxes. What are the Tax Preparation Requirements for an S Corporation?

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IRS Audit Defense & Representation: Expert Protection with Mike Habib, EA

MyIRSRelief

Receiving notice of an IRS audit can be one of the most stressful and intimidating experiences a taxpayer faces, triggering immediate concerns about potential penalties, additional taxes, and the complex process ahead. The three primary types of IRS audits each present different challenges and require distinct defense strategies.

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Enrolled Agent Near Me: Comprehensive Tax Services for Individuals and Businesses

MyIRSRelief

An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals.

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IMA Expands Its Management Accounting Competency Framework

CPA Practice

These skills also help the IMA connect with professionals in related fields, such as data analysis, business operations, information technology, and project management, who work closely with finance teams and share similar goals and challenges, the organization added. Log In Need more information? auditing rules and standards.

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Tax Firms Without AI Strategies Will Fall Behind (and Fast), New Study Warns​

CPA Practice

Log In Need more information? Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more… Subscribe Already registered? Read the FAQs Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more.

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Avoid Tax Scams with Mike Habib EA’s Trusted Tax Expertise

MyIRSRelief

They pressure taxpayers to act quickly, exploiting fears of IRS penalties or audits. Businesses, especially in industries like trucking or hospitality, face additional risks from fraudsters promising to resolve payroll tax issues without proper credentials. Scammers thrive on confusion and urgency.

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Texas Accounting Firm Brown Graham Celebrates 70th Anniversary

CPA Practice

Today, the firm’s team of over 85 professionals delivers comprehensive services including audit, tax, business advisory, business valuation, fraud and forensic accounting, outsourced accounting, and wealth management consulting. Log In Need more information?

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