Can You Go to Jail for Not Paying Taxes?

Can you go to jail for not paying taxes? The answer is that it depends on the circumstances and your intentions. According to the experts at Accounting & Tax Advisers CPAs, it’s essential to understand what the IRS considers tax crimes. Consulting a professional tax specialist is the best way to keep on the right […]

Are Tax Preparation Fees Deductible?

Many people have questions about the best way to prepare their taxes every year when April rolls around. You may also handle taxes on your own. For expert help and convenience, you may turn to a tax professional when preparing your tax returns. You may ask: are tax preparation fees deductible? Generally, tax prep fees […]

Profit & Loss Statement: A Guide for Small Businesses

Tracking your financial progress is crucial to know how your small business is doing. Profit and loss statements for small businesses make it easy to keep track of your profit, expenses, and bottom line so you can balance your budget and grow your business. Keep reading to find out everything you need to know about […]