Remove bookkeeping Remove business tax Remove Education Remove tax services
article thumbnail

2021 Ultimate List of Small Business Tax Deductions

xendoo

With the year coming to an end, tax return season is just right around the corner. For small businesses, that means being prepared to find all of the small business tax deductions you can to minimize your payout to the IRS. . When filing taxes, knowing the deadlines is an essential part of being organized and prepared.

article thumbnail

Los Angeles tax, accounting service

MyIRSRelief

Our Los Angeles based tax firm , led by Mike Habib, Enrolled Agent, represents and helps business taxpayers get compliant with back years, contact us today at 1-877-78-TAXES [1-877-788-2937]. What are the benefits of accounting & bookkeeping services? What is income tax preparation service?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Effective Marketing in Minutes: Essential Tips for the Time-Strapped CPA

CPA Practice

New Year: New Tax Brackets (post the bracket updates and why they are relevant for readers) d. New Year: New Goals -> Hire a Bookkeeper! share a funny meme and a link to your services page) f. share a funny image, include your QB badge and link to your services page) g. Earned Income Tax Credit – This one’s a biggie!

CPA 111
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

It’s a common question and concern for many business owners. The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts. Receipts are a paper trail for your business transactions and taxes.

audit 52
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

It’s a common question and concern for many business owners. The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts. Receipts are a paper trail for your business transactions and taxes.

audit 52
article thumbnail

The Most Valuable Tax Deductions for Small-Business Owners

Steve Feinberg

Deductions can only be claimed under the right circumstances, and there are strict penalties for business owners and individuals who claim tax write-offs with no evidence that they qualify for them—and the IRS doesn’t take tax fraud lightly. Education . . In 2022, it is $0.585 per mile.

Tax 52
article thumbnail

Congrats to Xero’s 2022 NABA Scholarship recipient

Xero

This summer, I am working at Deloitte as a Business Tax Services Intern in their Chicago office. I am excited to serve in a client-facing role and experience the day-to-day responsibilities of a tax consultant at a Big Four accounting firm. I took an introductory bookkeeping accounting class during my sophomore year.

Iowa 70