The tax season is once again upon us which means it is time for all individuals and businesses to begin their tax preparation tasks in anticipation of their annual tax filings. Because of the Covid-19 pandemic, the past year has seen a number of changes and revisions to the IRS tax rules and regulations. With…
Well, it is almost that time of year again when businesses and individuals alike have to prepare and file their income tax forms. This year the deadline for filing taxes has been extended to May 15th. However, there is a wide range of changes that have been implemented this year as well as new IRS…
Spring is right around the corner which means tax season will soon be upon us again. Understanding all the new tax regulations and how to properly file your tax returns for your small business can certainly be a challenging and incredibly stressful task. Many small business owners here in Brentwood, since they haven’t the experience…
Tax Filing Like everyone else, you are more than happy that 2020 has come to a close. However, there is one fact that you cannot lose sight of with regard to the Covid 19 pandemic, and that is how the government’s handling of the virus will impact your 2020 tax filing. THINGS TO GIVE…
There are a number of benefits to outsourcing with cost savings coming in at the top of the list. However, the entire process presents with more business benefits than the average person realizes. With that said, the team here at Tax Alternatives wants to take some time to familiarize our valued clients with the many…
Owning a small business has a number of challenges and obligations. One of those obligations is the important task of separating your business vs. personal expenses year in and year out. Separating your expenses not only helps to showcase the professionalism of your small business and provides you with the peace of mind you need…
Many small businesses have a number of tax deductions they can claim that ultimately save them a good deal of money. Any tax deduction will help business owners to reduce the amount of taxable income they have for their business, thereby minimizing the amount of taxes owed to the IRS at tax time. One good…
Though the deadline for tax filings has been extended, it is important that small business owners give attention to their tax preparation and filings sooner rather than later. Often times small business owners find themselves faced with many questions on how to prepare and file their business taxes. Though some may choose to file their…
Here at Tax Alternatives, our team of highly skilled and dedicated professionals take a great deal of pride in providing all our valued clients with the highest quality tax preparation and filing services. With that said, we want to ensure that individuals are aware of the extension that has been put in place for the…
With tax season now upon us, many people find themselves stressed and worried about what their tax outcome will be. Taxes, whether personal or business, have to be filed regardless of whether you are getting a refund or having to pay. But more importantly, they need to be filed properly. Some individuals file the simplest…