The IRS’s turnaround time for processing taxes has become much quicker over the years, with many taxpayers receiving their refunds within three weeks. While most tax returns are processed in the first few weeks after they have been filed, there are several reasons a refund might be delayed. 1. The Tax Return Was Incomplete One [...]
April 15 is traditionally known as Tax Day, but many people don't manage to submit their forms by then. If you found yourself procrastinating beyond that date and still have not filed a tax return or extension request, don't despair. Here is what you should know about filing your taxes beyond the deadline. Special Deadline [...]
Having your Form W-2 is an essential part of being able to file taxes. That’s why every employer who you worked for over the previous tax year is required to send you a W-2 by January 31st. Those still waiting for their W-2s may be feeling anxious, but there are steps you can take to [...]
Tax preparation is one of the most important financial actions a person or business completes. Errors in taxes can result in you having to file amended returns, cost you money or even see you accused of tax fraud. CPAs or Certified Public Accountants are powerful professional resources that can help ensure your business and personal [...]
While you may have access to free or low-cost software that handles your taxes, you may overlook something that could cost you more than you realize. Before inputting a few numbers and answering several questions to file your taxes next year, check out the following top 3 reasons to hire an accountant to look over [...]
As 2022 approaches, it’s time to turn your attention to your financial health goals for the coming year. Your financial health is more than your bank statement - it encompasses everything from your budget and taxes, to insurance. Here are the top five reasons, from the professionals, why you should conduct a financial review before [...]
Few things in business matter more than how effective your money management is. In today’s market, there are more options than in times past, and you may be considering outsourcing your accounting and bookkeeping needs. There are benefits to both outsourcing and managing your accounting in-house, so how do you know what’s the best choice [...]
Let’s face it, most people don’t exactly look forward to tax season. In fact, research shows a sizable percentage of Americans find it downright stressful and anxiety-inducing. Whether you fall into this category or close to it: don’t stress - our team of tax filing professionals are here to help. Preparing now and doing your [...]
If your New Year's resolutions are mostly personal, you're missing a big opportunity to reflect on ways to build up your business in 2021. Last year took the world by storm, with a pandemic, affecting businesses globally. Now is the time to have a solid plan more than ever before; we’ve learned and now we [...]
When you entrust someone with your business' finances, you're entrusting them with your livelihood. That being said, when it comes to selecting an accounting firm, it’s important to choose one that you can envision a long term business relationship with - and you’ll want to start things off with a strong foundation. If you're ready [...]
