IRS Audits– Audit Triggers & Important FAQs to Know
IRS Audits are not fun! How does the IRS decide who to audit, and who not to? The IRS is increasing automated ways to trigger audit suggestions. Discover here the 4 triggers and FAQ about IRS audits to pay attention to in 2019 You may feel triumph or relief when you send in your taxes. […]
Do You Know the Safe Harbor Conditions of the IRC Section 199A Deduction?
The IRS issued a notice on January 18, 2019 about specific conditions under which your rental real estate enterprise may be treated as a trade or business. This safe harbor is available to taxpayers who want to claim the section 199A deduction with respect to a rental real estate enterprise. If you can meet the […]
Business and Individual Tax Return Extension Deadlines Approaching
If you filed for an extension for your corporate business tax return, the deadline of October 15th, 2017 is fast approaching. Typically, these returns and individual tax returns are due on the 15th of the fourth month following the tax year end, December 31st 2016 for individuals and most businesses. A six-month extension gave you […]
What to consider when opening a Small Business in Phoenix, AZ
Owning a small business, being the boss, making all the decisions are dreams come true for any Phoenix entrepreneur. Many people day dream about opening a business. Others make those dreams come true by following the path to business ownership. Most businesses are started because of the driving passion and ambition of the owner. Before […]