If you’re like many Charlotte business owners and entrepreneurs, trying to handle your taxes and cash flow can be overwhelming and confusing. After all, 82% of businesses nationwide fail due to cash flow problems, demonstrating how confusing yet important this aspect of finances is for companies. Fortunately, tax services are available to […]
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Nothing will raise a person’s blood pressure as much as an IRS audit. In all likelihood, you have a small chance of experiencing an IRS audit in your lifetime. But if you’re one of the unlucky ones who receive the notification letter, it’s best to have all your financial ducks in a
Tax Services in Charlotte, NC: Importance of Tax Resolution in the New Year Read More »
Did you know that there are over 300,000 IRS audits each year? These could lead to several consequences, such as fines, fees, and inconveniences for your business. So, it’s in your best interest to prioritize working with professional tech services. However, not everybody understands what to look for in accounting services for
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Did you know that $3.71 trillion in taxes was collected in 2020? You’ll undoubtedly need to employ tax services this year if you don’t have the time to spend hours filling out your own tax forms, if your tax situation is complicated, or if you simply don’t know where to start. Don’t give
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The United States collects nearly $4 trillion in taxes each year. A year-end tax preparation meeting with your CPA is essential for many taxpayers, especially those who run a business. The aim of an annual tax meeting is to assess your tax liability for the current year and, if necessary, clean up your
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There are over 600,000 new companies formed in the United States every year. Interestingly, many people are unaware of the fact that many of these companies fail. As you might guess, one of the most important responsibilities that you have as a business owner is tax planning. It should come as no
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Americans find taxes confusing. 48% don’t even know what tax bracket they’re in. That’s understandable — the tax system is vast and complicated, leading people to seek professionals to handle their taxes for them. That way, they can have confidence that everything is filled out correctly, and they don’t need to worry
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In the United States, most small business owners spend at least 41 hours each year on tax preparation. Tax season can be overwhelming for business owners when it comes to the financial cost, the amount of time it takes, the changing regulations, and more. Still, tax planning is one of the most
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In 2019, 90% of Americans didn’t know what a tax bracket was. If you’re reading this thinking “well, neither do I,” you’re not alone. Taxes are confusing, and that’s why so many people choose to use a tax service to help them with their needs. Tax planning and tax resolution are
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In the United States, 40% of small business owners said that doing business taxes and bookkeeping is the worst part of owning a business. Most of these small business owners end up spending more than 41 hours on tax preparation every year. To save time and to make tax season less stressful,
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