Behold, Tax Season

« Back to Home

CAROLINE BARNES

Get Your Taxes Done The Right Way With A Tax Preparer's Help

Posted on

When it comes time for you to do your taxes, doing it the correct way is important. While some people may attempt to complete tax preparation by themselves, there is a much greater chance that they will make mistakes and eventually need to complete an amended return. If getting it right the first time is something you prefer, meeting with a tax preparer to get help with filing a tax return is the best solution. Read More»

3 Ways To Settle Your Debt To The IRS

Posted on

The last entity that you want to owe money to is the IRS. The IRS has the power to put tax liens on your property and even garnish your wages in order to get the money that you owe them. If you find yourself in debt to the IRS, you need to take action right away. Way #1: File for Bankruptcy One way to deal with your taxes is by filing for bankruptcy. Read More»

Laid Off Due To Coronavirus? How Unemployment Affects Income Tax

Posted on

Have you been laid off or furloughed during the Covid-19 pandemic? With millions of Americans being laid off each week, many people are relying on unemployment benefits. While these are a lifeline during an economic or financial crisis, such benefits will also affect your income taxes in the spring. How? Here are the most important ways they will affect you and how to manage them to avoid a tax bill bite. Read More»

Bring These 5 Important Expenses For Your Tax Appointment

Posted on

As you prepare for your appointment with your business income tax preparer, what do you need to bring with you? Many small business owners know to bring standard financial documents like a profit-and-loss statement or balance sheet, they may not know to bring information about specific expenses paid during the year. What are these special expenses you should make sure to point out to your bookkeeping professional? Here are a few of the most important. Read More»

Top Tax Deductions For The Self-Employed

Posted on

Filling out your taxes each year is something you’ll need to do. This is legally required, and getting this task done much sooner rather than later is always a great idea. You don’t want to wait until the last minute to tackle this job. However, if you’re self-employed, there are many tax deductions you can take. 1. Home office Working out of your home office can allow you to get a lot done and remain organized throughout the year. Read More»

4 Top Deductions To Take When You're Self-Employed

Posted on

One of the ideal ways to earn a living is working for yourself. Doing this will provide you with a great deal of flexibility, and you’ll be able to work your own hours. This can allow you to enjoy life more and feel less stress related to earning a living. There are many pros and cons of this career type, but one of the benefits may be the tax deductions you’ll get. Read More»