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Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

Navigating tax issues can be daunting, especially when facing audits, unpaid taxes, or payroll problems. This FAQ guide provides insights into common tax problems and solutions available in Corona, CA. Compliance with Tax Filings: All tax returns must be filed.

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Why Hiring a Tax Pro Boosts Your Small Business (and Saves You Money)

MyIRSRelief

They stay current on the latest regulations, ensuring your business maximizes legal tax breaks on forms like 1120, 1120S, and 1065, while minimizing liabilities. Compliance Navigation: Tax compliance goes far beyond just filing. Year-round support and assistance with any tax-related questions or concerns that may arise.

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ERTC Terminated for Q4 2021

KROST

These credits can be claimed on amended payroll tax returns for qualified periods. While businesses have plenty of time to file amended payroll tax returns, PPP forgiveness applications can have a significant negative impact on available employee retention credits if the interplay between the two incentives is not considered.

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ERTC Retroactively Terminated for Q4

KROST

These credits can be claimed on amended payroll tax returns for qualified periods. While businesses have plenty of time to file amended payroll tax returns, PPP forgiveness applications can have a significant negative impact on available employee retention credits if the interplay between the two incentives is not considered.

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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

How Are Small Businesses Taxed? Depending on your business structure and income, you may be subject to one or more types of taxes. The IRS taxes corporations as separate legal entities, which opens them up to double taxation. The IRS then taxes them at the corporate income tax rate.

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What Paperwork Do I Need to Keep for Taxes?

Pooley Accounting Services

So, what do you REALLY need to keep for taxes, and how long do you need to keep it? . The purpose of keeping documents for taxes is to prove your income, expenses, etc. were what you claim on your tax return. Failure to provide documentation can cost you deductions or cause you to pay penalties or additional taxes. .

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Tax Relief provided by CARES Act

MyIRSRelief

Tax filers must have provided, on the relevant tax returns or other documents (see below), Social Security Numbers (SSNs) for each family member for whom a rebate is claimed. Delayed payment of employer payroll taxes. Taxes that can be deferred include the 6.2% Employee retention credit for employers.

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