The Internal Revenue Service (IRS) is ramping up efforts to thwart identity theft, which is becoming more and more common. Tax-related identity theft occurs when someone uses your Social Security number to file a fraudulent tax return in an attempt to get a tax refund. You may not be aware
Many taxpayers do not have all of the information necessary to prepare a complete and accurate tax return by April 15 and therefore need to request an extension from the IRS to file their taxes. Individuals can request an automatic six-month extension of time to file using Form 4868, which
In honor of International Women’s Day (#IWD2019) this Friday, March 8, 2019, I want to invite and encourage each of you to recognize the strong women leaders and business owners in your network (some of whom may be WBENC members like me). I was blessed to have founded S.J. Gorowitz
Each year Intuit releases an upgrade to the QuickBooks Desktop accounting software and discontinues support for older versions. This year, effective May 31, 2019, Intuit will no longer support the 2016 version of QB Desktop and SJG, therefore, recommends that businesses using versions 2016 or earlier should upgrade. For our
Although there are many types of information returns that businesses are required to file, the most common amongst our business clients is the Form 1099-MISC. The following summary describes basic rules to follow in order to file Form 1099-MISC for 2018.
Are you still waiting for your 2020 Individual Tax Refund? You may have to get in line. The IRS’s backlog of unprocessed individual and business …
The Internal Revenue Service (IRS) is intensifying efforts to thwart identity theft. We have seen a recent increase in the volume of IRS notices mailed …