by Folasade Ayegbusi | May 9, 2023 | Tax
5 Tips for Dealing with the IRS’s Slow Response Times Introduction As taxpayers, dealing with the IRS can be a daunting task. One of the biggest frustrations is the slow response times that can occur when trying to resolve issues with the agency. However, there...
by Folasade Ayegbusi | Jan 27, 2023 | Tax Withholding
Find out if you should adjust withholding taxes now and why. Introduction: What is Withholding Taxes? Withholding taxes are a crucial aspect of the tax system in the United States. They refer to the amount of money withheld from an individual’s paycheck by their...
by Folasade Ayegbusi | Sep 12, 2022 | Tax
5 Reasons You Should Back Up Your Tax Records Now Recently, the IRS reminded taxpayers about the National Preparedness Month (September). It highlighted reasons for backing up tax records, especially now since some parts of the country will be vulnerable to natural...
by Jaymar Villamor | Apr 15, 2022 | Tax
Can you Mix Business and Pleasure When Traveling? Several small business owners ask if they can travel for personal reasons and deduct the costs as business expenses. If travel is entirely for personal, it cannot be deducted. Travel should be proven to be for business...
by Jaymar Villamor | Feb 3, 2022 | Tax
The Time for Not Reporting Your Cryptocurrency Transactions is Over. The IRS Wants to Know it all President Biden’s Build Back Better plan is good news for the country’s progress. But with it comes along the need to raise more funds from the people and...