Remote Working Tax Implications: What You Should Know
The COVID-19 pandemic turned remote work into a requirement almost overnight. Now, working from home may continue to be part of the norm. If you transitioned to remote work either temporarily or more permanently, this move could affect your taxes. It’s crucial to understand your state’s tax implications for your remote work. You wouldn’t want […]
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 […]
How to Choose a Tax Preparation Service: Factors to Consider
Are you wondering how to choose a tax preparation service? You may keep several factors in mind while selecting a company to handle tax services in Lombard, IL. Accounting & Tax Advisors CPAs can help you review the key issues you need to know for tax prep. Call us at (630) 932-9600 to get started. […]
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 […]
5 Tax Problems Faced by Small Business Owners and How to Fix Them
Everyone makes mistakes, but when you run a small business, and those mistakes involve your taxes, it can set you up for a lot of trouble and frustration. Here are some of the top tax problems a small business owner faces and what you can do to remedy them. Proper Income Tax Forms and Payments […]