Tax season is here, and if you're feeling the pressure to get everything in order, you're not alone. Many individuals and business owners find themselves overwhelmed by missing paperwork, confusing forms, and the looming IRS deadline. The good news? You can still file accurately and on time while
You might think that properly filing your business taxes is the only thing you need to consider when checking the box on accounting each year. However, savvy business owners know that filing is only one component of the tax equation: tax preparation and tax planning are parallel accounting duties
The publications listed below are located on the IRS Web site and require Adobe Acrobat Reader to view. Visit the Adobe Web Site to install the latest version of Acrobat Reader. Click a publication to view it online. Tax Glossary Tax GlossarySchedule K-1(Form 1065) Schedule K-1
Storing tax records: How long is long enough? Federal law requires you to maintain copies of your tax returns and supporting documents for three years. This is called the "three-year law" and leads many people to believe they're safe provided they retain their documents for this period of
Every day the massive computer center at the IRS is getting more sophisticated, it's just a matter of time before they catch up with you. This is not a situation to take lightly, failing to file your tax returns is a criminal offense. If you do not file, you can be prosecuted and punished with
