With the IRS changing tax laws more than taxpayers can keep up with, mistakes are inevitable when filing your taxes. Your mistakes will either cause you to underpay or overpay on your taxes. But, don’t fear, there are a … Read More
The IRS continues to warn people of identity theft scams, especially regarding your personal financial and tax information. With these types of theft cases continuing to rise every year, it’s crucial to stay up to date on the latest forms … Read More
Did you know roughly 99% of taxes due on wages are paid to the IRS, but compliance on other sources of income is only estimated to be about 45%? The IRS has definitely discovered that Americans are most likely only … Read More
As a small business owner, you usually end up wearing a lot of hats. One day you might be the CFO and another day you might be an HR recruiter. While this can be stressful and time consuming, it’s also … Read More
Here at Emerald Financial Partners we’re ready to serve you and your business with all of the tax and business accounting services you need all under one roof! As a full-service CPA and business tax accounting firm we’re able to … Read More
According to the Government Accountability Office and the Taxpayer Advocate Service, the IRS is not keeping up with paper tax returns. The COVID-19 pandemic has definitely played a factor in this as last year’s tax season was in full swing … Read More
Due to an overwhelming amount of pandemic-related tax changes, the IRS has decided to extend the tax filing deadline to May 17. This delay is necessary as many Americans will need the flexibility and time to gather what they need … Read More
Finding out that you have tax penalties from the IRS might be scary at first, but before you get worried, do your research and remember you have options; reasonable cause being one of them.
Reasonable cause is based on the … Read More
It’s easy to get lazy when a business can pick the low hanging fruit available in an easy marketplace.
Markets shrink, funding dries up, prospects aren’t as easily found, or profitability margins decrease. So what do you do? Many business … Read More
Regardless of national events, or where things are with PPP and EIDL loans — as a business owner, it’s important that you take a REGULAR, clear-eyed look at the underlying legal and financial foundations of your business.
I started with … Read More