by Pierre Philantrope | Feb 12, 2025 | Tax Tip
Your decision to start a business should start with tax planning. You need to meet with a tax professional to discuss your decision to start a business, to purchase a business, or to purchase a franchise. This should be the most important step. As a potential business...
by Pierre Philantrope | Oct 23, 2024 | Tax Tip
IRS tax problems could be extremely complicated. Many taxpayers often do not know where to turn for help or how to attempt to resolve the problem themselves. IRS tax debt affects many aspects of our life. Some taxpayers just live with the problem for months and...
by Pierre Philantrope | May 22, 2024 | Tax Tip
There is is a statute of limitations on Internal Revenue Service audits and tax assessments. The time period is called Assessment Expiration Date (ASED). Once the limitations period expires, the IRS cannot audit your return or assess any additional tax. You may have...
by Pierre Philantrope | Apr 17, 2024 | Tax Tip
Per the Internal Revenue Service, the Failure to File Penalty applies if taxpayers and businesses do not file their tax return by their respective due dates. This tax year, for S Corporations and Partnerships, the due dates were March 15, and September 16 for business...
by Pierre Philantrope | Oct 11, 2023 | Tax Tip
Extended Tax Return is Due on Monday, October 16, 2023 Taxpayers should ensure that they have and produce all their required tax documents when filing their tax return. A tax preparer is hired to prepare the tax return of the clients. The said preparer could not...
Recent Comments