Learn how to manage fixed assets in QuickBooks Online to streamline accounting practices and ensure accuracy in financial reporting.
Read More
Deciphering IRS cycle codes: Understand what your IRS cycle code means for your tax return processing timeline and refund status.
Clarify the meanings of IRS codes 570 and 971 on your tax transcript, their impact on your tax account, and next steps.
A simple guide on how tax brackets work, helping you understand your tax obligations and how to plan for them.
Navigating real person verification with the California Franchise Tax Board: What it means and how to comply for individuals and businesses.
Understanding S-Corporation basis: Key concepts for shareholders to manage their investments and tax implications effectively.
Explore common reasons why small businesses may be audited by the IRS and how to reduce the risk.
Demystifying the QBI deduction formula: Strategies for maximizing your Qualified Business Income deduction as an S-Corporation.
IRS direct deposit refunds explained: How to set up, timing, and what to do if your refund is delayed.
Determining a reasonable salary for S-Corp shareholders: Compliance, tax benefits, and IRS guidelines.