article thumbnail

Using an Income Tax Preparation Service: Is It Worth the Cost?

MyIRSRelief

When it comes to tax season, many people are faced with the decision of whether to prepare their own taxes or use an income tax preparation service. While it may seem like an added expense, there are many benefits to using a professional tax preparation service that make it well worth the cost.

article thumbnail

Where to start on your Xero education journey

Xero

Spending time educating yourself on Xero can help you get time back once you’ve built up your confidence. . We know how important education is to you so we’ve put a lot of work into making it easier to access. The Xero education team has created hundreds of experiences to help you use Xero to build your business.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Tax Preparation Tips for 2023: Tax Tips to Prepare Your Business for Tax Season

Snyder

How much do small businesses pay in taxes? How to file income tax? How to file self-employment tax? How to file employment tax? How to file excise tax? How to file estimated tax? Tax preparation tips: How to prepare in 5 steps. When are 2022 taxes due? General Tax Calendar.

article thumbnail

Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

In that capacity, Urban was responsible for maintaining the company’s general ledger, preparing financial statements, and reconciling the company’s accounts payable and receivable and bank statements. Both women are in their 30s, and both had been going to Flinchum for at least three years for tax preparation.

article thumbnail

Tax Representation Help: A Lifeline for Taxpayers

MyIRSRelief

Mike Habib, EA: Your Ally in Navigating Tax Problems Tax issues can be a source of significant stress and confusion. Whether it’s unfiled tax returns, unpaid back taxes, tax audits and appeals, or 941 employment payroll problems, these issues can seem insurmountable. Who are Enrolled Agents?

Tax 130
article thumbnail

IRS-CI to Host ERC Seminars for Tax Professionals

CPA Practice

The IRS Criminal Investigation unit will hold educational sessions for tax professionals about the employee retention credit (ERC) next month, the agency announced on Jan. The ERC is a refundable tax credit that was enacted during the height of the pandemic to encourage businesses to keep their employees on payroll.

Tax 105
article thumbnail

Los Angeles Tax Services – Local tax firm serving all Southern California

MyIRSRelief

Taxes can be broken down into three categories: what you purchase, what you own, and what you earn. They contribute to resources such as our government, educational systems, law enforcement, libraries, and others. However, individuals who fail to pay taxes can suffer penalties and potential criminal charges.