by Folasade Ayegbusi | Jul 31, 2020 | Growth Metrics, Tax
Tax planning and record-keeping: What you need to know? Last year, we came across something from the Internal Revenue Service (IRS). Where they were educating taxpayers about the importance of keeping your records. For the sake of tax planning. We couldn’t agree more...
by Folasade Ayegbusi | Jul 29, 2020 | Accounting, Tax
Why is it important to tax plan? US taxpayers just completed filing for their returns on the extended July 15 deadline. With that being done, taxpayers feel a heavy burden being lifted off their shoulders and are tempted to relax and wait for next year. But that...
by Folasade Ayegbusi | Jul 24, 2020 | Tax
Tax refund: The IRS debunks common myths The July 15 tax deadline has come and go, and the Internal Revenue Service (IRS) has reminded all taxpayers that there is no secret way to find out when a refund will be issued. Even though some filers have received their...
by Folasade Ayegbusi | Jul 23, 2020 | Tax
The New Law states that seniors and retirees not required to take distributions from retirement accounts this year. In a newsletter published last week, the Internal Revenue Service (IRS) stated that senior citizens and retirees are not required to take money out of...
by Folasade Ayegbusi | Jul 22, 2020 | Tax
Did you miss the extended July 15 tax deadline? Here is how you can avoid a bigger bill. Following the outbreak of the COVID-19 pandemic, the Internal Revenue Service (IRS) extended the tax deadline to July 15, 2020, and it lapsed, even though we understand that many...
by Folasade Ayegbusi | Jan 31, 2020 | Bookkeeping, Tax
How Does Bookkeeping Help My Taxes1. Let you to accumulate and track all of your expenses2. Makes your tax return audit-proof.3. Easier to file since you have the proper records4. Protects your Revenue and Accounting Method Worrying about how does bookkeeping help...
