Receiving a tax refund always comes with questions about how best to spend it, and trying to pinpoint the best option can be overwhelming. As a parent, you want to ensure that you're using that extra money wisely and making the most of it both now and in the future, but where do you begin? Speedy Tax Preparation & Bookkeeping Service shares a few options that you might consider. Further Your Education With an Online Degree If you're interested in learning something new, take this opportunity to invest in yourself by using a portion of your tax return towards an online degree…

There's no denying it: winter is a slow time for most businesses. With fewer opportunities to sell, it can be challenging for small business owners to keep their companies afloat. However, there are steps you can take that will help you maintain your revenue and even increase sales during this time of year.

Focus On Sales

During slow periods, you may be tempted to cut your marketing budget and focus on the bottom line. However, you must remember that sales are the lifeblood of any business. One way to keep the cash flowing is by investing in employee customer service training: ensure they can provide excellent service whenever customers come through the door.

Original Article Source Credits:  Professional Resume Writer https://www.resumebuilder.com/

Article Written By: Carolyn Kleiman

Original Article Posted on: January 26, 2023

Link to Original Article: https://www.resumebuilder.com/student-resume-guide-for-nonprofit-jobs-and-careers/

Fans of NBC’s Law & Order may have a negative reaction when a suspect gets away because of the statute of limitations, and cheer when the DA still finds a way to prosecute someone that viewers know is guilty. Statutes of limitations exist for a reason, however, and when it comes to your own taxes, you should sigh in relief if the IRS tries to audit you too late.

The tax year (TY) 2022 filing season kicked off on January 23, 2023. Each filing season, taxpayers face a variety of challenges, including choosing a qualified return preparer, locating a volunteer tax return preparation site, selecting tax preparation software, and understanding what they need to include on their income tax returns.

Many people prefer to live alone and maintain their independence as they age. However, because some cognitive decline is expected in elderly people, it's important to keep an eye on the finances of your aging loved ones. You may need to take action if you believe that an elderly loved one is no longer capable of handling his or her finances properly. Here are three things you can do to help.

The Speedy Tax Preparation & Bookkeeping Service team wishes you the happiest holidays this season. May the God of great mercy, grace and power. Bless you, at this time of year when we celebrate His birth.

As a business owner, you can benefit from hiring freelancers in many ways. Work-for-hire professionals allow you to tap into niche expertise, filling small gaps in your team that you don't necessarily need a full-time worker for. Freelancers also have other benefits, allowing you to scale up quickly and adopt new technologies or techniques efficiently. This guide provides some tips for integrating a freelance team into your business.

Determine what roles are suitable for freelance hiring

Not every job is suitable for freelance work. For example, if you need someone to do a job full-time, hiring a freelancer may not make a lot of sense. However, many part-time jobs that you don't rely on constantly are suitable for freelancing. Examples range from marketing to accounting. Tax assistance is another great example. A professional like Speedy Tax Preparation can manage your quarterly and annual taxes for you.

I hope this email finds you well. I noticed you go out of your way to provide excellent resources for your community on your website and I thought you might be interested in what we’re doing. We are AffordableHealthInsurance.com and we provide accurate, easy-to-understand guides that help people in communities across the US make informed choices about health care coverage. Especially the elderly and those who face economic uncertainties.

We have put together a series of new guides for 2022 that we hope could be useful for those who are struggling in your community in these uncertain times. Our guide walks readers step by step through the multiple options provided by Medicare, Medicaid, and insurance for people recently unemployed, including critical information like costs, and financial assistance.

Contact: newsroom@ci.irs.gov

A former UCLA decathlete who also competed with the Philippines national team was arrested this morning on a federal criminal complaint alleging that he fraudulently raised more than $37 million from investors who were told their funds would be used to finance companies marketing cannabis vape pens.

According to recent reports, the IRS has a backlog of more than 6 million unprocessed individual returns; however, it has opened most of its mail and processed the payments accompanying these returns. As a result, many taxpayers received a CP-80 notice, which states the IRS has a credit on the taxpayer’s account but has not yet received a 2020 tax return. In most cases, though, the IRS has received the tax return, but just hasn’t processed it.

My email newsletter is a one-stop resource for relevant news and content about my business, Speedy Tax Preparation & Bookkeeping Service. I also share information about my services as a tax preparer and bookkeeper in Elizabethtown, North Carolina.

Each tax season comes with unique challenges and 2022 is no exception. The IRS wants taxpayers to get the information they need as quickly as possible. Taxpayers should keep these tips in mind when they get ready to file. Following them will help get this year's taxes done accurately and refunds issued timely.

Reporting rules are changing for certain businesses beginning in 2022. Debbie Pflieger of EY’s Financial Services Organization highlights what you need to know about Form 1099-K, Payment Card, and Third-Party Network Transactions.

Beginning in the tax year 2022, individuals, partnerships, LLCs, and corporations that earn more than $600 through various online venues will start receiving Form 1099-K, Payment Card, and Third-Party Network Transactions, on which that income will be reported to themselves and the IRS. This change will substantially increase the number of Forms 1099-K required to be filed with the IRS and furnished to recipients in early 2023.

Whether you’re a budding entrepreneur or an established business owner, properly managing your finances can stabilize your company making it less likely to fail. However, it can be an overwhelming job when you have to handle all of those complex accountancy tasks. In such situations, a professional financial expert can serve as a valuable asset in your business. With their expertise and knowledge, they can assist you in managing your finances and help propel your business’s operation forward.

Original Article Source Credits:  https://www.payingforseniorcare.com/

Article Written By: MARK GREGORSKI

Original Article Posted on: AUGUST 24, 2020

Link to Original Article: https://www.payingforseniorcare.com/medicare-advantage/tax-deductions-for-premium-cost

Original Article Source Credits:   Forbes , https://www.forbes.com/

Article Written By:  Rhett Buttle

Original Article Posted on:  Jun 11, 2021

Link to Original Article:  https://www.forbes.com/sites/rhettbuttle/2021/06/11/3-steps-for-managing-your-small-businesss-taxes/?sh=20b5d1aa7f28

Original Article Source Credits:   Investopedia , https://www.investopedia.com/

Article Written By:  PRABLEEN BAJPAI

Original Article Posted on:  Jun 10, 2021

Link to Original Article:  https://www.investopedia.com/articles/investing/091614/understanding-s-corporations.asp

Original Article Source Credits:   IRS , https://www.irs.gov/

Article Written By:  NA

Original Article Posted on:  June 30, 2021

Link to Original Article:  https://www.irs.gov/newsroom/heres-what-taxpayers-need-to-know-about-paying-taxes-on-their-hobby-activities

Original Article Source Credits:   The Balance Small Business , https://www.thebalancesmb.com/

Article Written By:  Marco Carbajo

Original Article Posted on:  March 10, 2019

Link to Original Article:  https://www.thebalancesmb.com/advantages-of-a-bookkeeping-service-for-your-business-4086484