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Georgia Tax Preparer Pleads Guilty to Federal Tax Fraud Charges

CPA Practice

(TNS) A Columbus, GA-based tax preparer has pleaded guilty in federal court to charges that she submitted false claims for tax credits for her clients and also failed to pay her own personal taxes. Word would submit fraudulent claims for earned income credits, education credits and business losses.

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Steve Padgett’s Latest Updates on Small Business Tax Deductions

SkagitCountyTaxServices

Per the Treasury , the bill will target tax increases on big corporations (raising the corporate income tax — i.e. C-corps — to 28%, among other moves) while protecting the majority of small businesses (around 97%). First off (and most importantly), plan ahead. Well, no more.

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Optimize Tax Time Workload with Outsourced Assistance: A Smart Approach to Maximizing Savings

Analytix Finance & Accounting

The Cost of Missed Tax Benefits: According to a study by Statista , the total revenue of the U.S. Individual income taxes totaled 2.63 dollars in 2022, whereas corporate income taxes totaled 425 billion U.S. American taxpayers spend more time and money each year complying with the federal tax code.

Tax
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How to Pay ZERO in Taxes with Real Estate

LyfeAccounting

Are you tired of paying taxes? Taxes stink. But recently, I heard that some people pay very little in taxes. In fact, the president’s tax returns show he paid just $750 in federal income taxes in 2016 and 2017. This helps make the tax system fair. How to Calculate Your Taxes. INCOME TAXED.

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How Smarter Payment Tools Make Filing Taxes Less Taxing

PYMNTS

For many, though, the hard part comes after their taxes are filed and they are forced to play the waiting game, even if they opt to get refunds with direct deposit. The tax preparation industry is catching on, however, and several players — like H&R Block — are now offering instant payment solutions.

Tax
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Tax Deductions Guide 2021

inDinero Tax Tips

Claiming deductions can save your company thousands of dollars in income taxes. If the thought of filing your taxes is enough to make you sweat, you’re not alone. . The IRS announced a plan to increase audits for small businesses by 50% for the 2020 tax year. Our CPAs Answer Your Top 5 Burning Tax Questions.

Tax
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10 Tips on How To Avoid Paying Taxes in 2022 Legally

LyfeAccounting

Did you know that some countries have zero income taxes? If you use places like Dubai, Monaco, or the Bahamas as your primary residence then you don’t have to pay any taxes. Well, there are other states that give you great tax benefits as well. When you buy art, it can be a tax write-off.