Taxes & Compliance

4 Ways To Gain IRS Tax Relief During These Tough Times

4 Ways To Gain IRS Tax Relief During These Tough Times

Governments worldwide are helping cushion the impact of the COVID-19 pandemic. In the U.S., the Internal Revenue Service (IRS) and the Bureau of Treasury Department have provided pandemic-stricken individuals with economic impact payments.  Aside from handing out assistance, the IRS offers tax relief by easing payment guidelines, extending payment due dates, and waiving certain fees

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5 Things You Need to Know About Tax Returns

5 Things You Need to Know About Tax Returns

Since tax season is upon us, most entrepreneurs will be preparing to file for tax, and you might be one of them. If you’re filing tax as a self-employed individual remember this: According to the IRS, self-employed taxpayers are expected to make four estimated tax payments each year. Taxpayers need to estimate tax return to determine whether they

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