Top 3 Tax Mistakes to Avoid
Worried about making a mistake on your taxes? We understand the stress it can cause. While we can help you navigate every step of your return, you may want to know what could trigger an audit, IRS notice, or other IRS correspondence. That doesn’t necessarily mean you’ve done something wrong, just that the return you […]
What Is an IRS 1099 Form?
What is an IRS 1099 Form? The IRS 1099 Form is a collection of tax forms documenting different types of payments made by an individual or a business that typically isn’t your employer. The payer fills out the form with the appropriate details and sends copies to you and the IRS, reporting payments made during […]
How to Avoid a Tax Audit
Staying on the right side of the IRS While audits are rare, most Americans would probably like to avoid them altogether. The percentage of people who actually are audited is extremely small, according to the Internal Revenue Service, but the number has risen slowly since 2008. If the IRS does decide to audit you, there […]
Documents You Should Save for Tax Time
Statements mailed in January and February Most of the papers you need to document the income, interest and withheld taxes you report arrive in your mailbox in January, with investment-related 1099s often coming in February. Although the postal service may deliver some of them—your W-2, for example—email announcements that the documents are available online may […]
Key filing season dates for Busines
Businesses — Partnerships (including LLCs), C Corps (Form 1120), and S Corps (Form 1120S) If you have a business that operates on a fiscal year basis, your return is typically due on or before the 15th day of the third or fourth month (depending on the type of business entity) after the close of your […]
Key filing season dates
Important Tax Deadlines and Dates There are several important dates taxpayers should keep in mind for this year’s filing season. Individual Filers — including employees, retirees, self-employed individuals, independent contractors, and gig workers. The due date for filing your tax return is typically April 15 if you’re a calendar year filer. Generally, most individuals are […]