Though some people might dread the idea of filing their taxes, everyone loves the idea of getting money back from the government. Most Americans can expect to get a tax refund, and even count on receiving this annual windfall from the IRS to make...
Have you ever wondered what happens to your tax return after you file it with the IRS? If you’ve ever found yourself checking your bank account in hopes of seeing your refund land there, here’s what you need to know about the IRS refund...
The federal tax return filing deadline for the 2021 tax year was April 18, 2022. If you missed this deadline and did not already apply for an extension, it’s critical to file your taxes as soon as possible to avoid potential penalties. Why File for an...
Millions of Americans procrastinate on filing their tax returns every year for various reasons – they believe the process is too confusing or time-consuming, they find it stressful or they’re worried they’ll make a mistake or owe a lot of money. While the IRS allows...
Arizona is a delightful place to spend your well-earned retirement. The sun-kissed vistas, the seemingly endless golfing and shopping, and the nearly 300 days of sun annually make it a wise place to retire. If you’re considering The Grand Canyon State, Arizona taxes for...
The tax season is a stressful time for anyone involved with taxes. However, for accountants, it can be an overwhelming time. The workload avalanche, coupled with the time constrictions, can lead to burnout. It isn’t surprising to find that 82% of accountants experience it....
Lowering your tax liability is a primary aim of business owners. Did you know there are qualified expenses you can deduct from your taxes? This guide shows you some of the most common business tax deductions. Which Expenses Can I Deduct? You can claim deductions on...
If you are an independent contractor, have your own business, or do not have federal income taxes withheld from your earnings, you’ll need to estimate tax payments. Our guide gives you insight into calculating your taxes, the deadlines to file, and more. How Do I...
If your small business staff includes hired employees, your financial responsibilities will include adjusting their paychecks for income tax withholding. In Arizona, there are multiple options for state withholding percentages, and as with most tax laws, things can get complicated. The purpose of this...
Taxes can be confusing, even for established business owners. The more your company grows, the more complex the process becomes. If you’ve got questions about your returns, your first instinct may be to call the Internal Revenue Service. How do you speak to a...
