Category Archives: IRS

Start Getting Your 2013 Tax Return in Shape

“Procrastination is like a credit card: it’s a lot of fun until you get the bill.” ~ Christopher Parker We may have barely made it past the 2011 filing deadline, but taxpayers should already be doing a few quick checks … Continue reading

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Get your 2012 tax refund now.

A big tax refund sure feels good… almost like you’ve won the lottery. But this doesn’t always make good financial senses. You could have put that money to work either investments or just a plain vanilla savings account earning interest … Continue reading

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Reminder: Happy Emancipation Day… this year’s tax filing due date is 4/17/12.

Taxpayers will have until Tuesday, April 17, to file their 2011 tax returns and pay any tax due because April 15 falls on a Sunday, and Emancipation Day, a holiday observed in the District of Columbia, falls this year on … Continue reading

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Tax penalties. When they may apply to you.

I’m frequently asked “what causes tax penalties?” or “why do I owe a tax penalty?”. Here’s an article I found in Forbes that does a great job of explaining tax penalties.

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Do you need to know when you’ll get your tax refund? Here’s where you can check.

You can check the status of your Federal Tax Refund here.

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5 Ways to Avoid an IRS Audit

5 Ways to Avoid an IRS Audit from SmartMoney.com

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Your odds of being audited

Here’s an interesting article from the USA Today… Your odds of being audited

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How to fix a mistake on a filed tax return

Did you discover an error on a tax return you’ve already filed? Here’s a good article from the Wall Street Journal that explains how to fix an error by filing an amended tax return… How to fix a mistake on … Continue reading

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Small Business Tools

Accounting Today talks about some small business tools available from the IRS that may be helpful: IRS Showcases Small Business Tools

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, Accounting, IRS, QuickBooks, Tax filing due dates | Leave a comment

The Importance of Good Record Keeping

Everyone in business must keep records, especially those that will come in handy when it’s time to think about taxes on the business. Continue reading

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