by Folasade Ayegbusi | Apr 8, 2021 | Tax
How to report your income to the IRS Reporting all your income is important both for the sake of corporate returns and an individual income tax return. When you or your tax professional submits a final federal tax return, it will be a combination of the hard work you...
by Folasade Ayegbusi | Apr 1, 2021 | Tax
What Are The Common Tax Problems For All Businesses And Individuals? The beginning of April 2021 marks the final two weeks to pay all your estimated taxes. It also marks the two weeks before the April 15 deadline for all taxpayers to file their 2020 tax returns,...
by Folasade Ayegbusi | Mar 26, 2021 | Tax
What are the common tax problems for all businesses? Frugality is the new term in some business corridors, especially with small enterprises. The outbreak of the COVID-19 pandemic led to more than a year of bruising business maneuvers that many had to take....
by Folasade Ayegbusi | Mar 18, 2021 | Tax
What Is The Difference Between An Partnership and S-Corp? In today’s fast-paced world, several families get lost in the crowds in terms of wealth building. But in my career as a tax professional and LLC owner, I have seen a great amount of resistance to poverty....
by Folasade Ayegbusi | Mar 3, 2021 | Tax
Benefits of an S-Corp and Benefits of a partnership When paying an annual business return, your corporation status or the type of business you run plays a huge role. Some business owners pay double taxes, and some can pass their income to shareholders, who then pay...
by Jaymar Villamor | Feb 24, 2021 | Tax
Tax Filing Mistakes using TurboTax | TurboTax Trap Imagine the pain of someone calling your name, asking you to trust that they will freely do something for you only to turn around and let you do everything by yourself? That is one classic example of the pain that...