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Tax-Saving Tips April 2024 Transform Your Vacation into Tax-Deductible Business Travel with Polaris Tax & Accounting Discover the secret to turning your next vacation into a savvy tax-saving opportunity with Polaris Tax & Accounting. With strategic planning, your journey to any destination can become a fully deductible business expense. From airfare, including first-class options, to

Understanding IRS Tax Monitoring Services What Is IRS Tax Monitoring? IRS Tax Monitoring is a systematic and comprehensive review of your IRS Tax Account. It involves monitoring your tax history, ongoing filing activity, and any significant changes or transactions related to your tax account. Here are some key aspects of tax monitoring: Full Transaction History: Tax monitoring

New FinCEN Filings Go into Effect on January 1 Effective January 1, 2024, the Corporate Transparency Act (CTA) brings forth significant changes for established businesses, mandating a fresh federal filing obligation. This applies to most corporations, limited liability companies (LLCs), limited partnerships, and select other business entities. Before December 31, 2024, all non-exempt business entities

Maximize Your Tax Deductions: Tailored Small Business Tax Preparation Services in Asheville, NC Unlock significant tax savings with our expert tax preparation services for small businesses in Asheville, NC. Discover strategic tips and insights to minimize your tax liability and keep more cash in your pocket. Explore these SEO-optimized strategies designed for simplicity and implementation

Explore top-notch tax preparation services for small businesses in Plantation, FL. As of January 1, 2024, the Corporate Transparency Act (CTA) impacts corporations, limited liability companies, and limited partnerships. By December 31, 2024, non-exempt business entities in Plantation, FL and around the Country, must submit a Beneficial Owner Information (BOI) report to the Financial Crimes

In our article: Bookkeeping Services for Small Businesses we discussed how outsourcing your business Accounting and Tax reporting to a professional firm can result in significant benefits beyond just saving time and reducing stress. In this article however, we will discuss in greater detail when outsourcing your business bookkeeping and tax filings is not enough

The IRS has released a new W 4 form starting in the fiscal year 2020. The change was needed to account for the removal of Personal Exception implemented from the Tax Cuts and Jobs Act (TCJA). The W-4 form estimates the number of withholdings you should use and provide to your employer. Most taxpayers think

According to a survey conducted by SCORE, most small business owners spend at least $1,000 per year on accounting administrative costs. Survey after survey, highlight how bookkeeping continues to be the least favorite activity by entrepreneurs. Bookkeeping Services for Small Business provide entrepreneurs the opportunity to outsource their accounting administrative tasks to a professional firm