If you’re a proprietor of a small enterprise, you’re likely aware of the intricate nature of tax filing. Tax preparation software is an affordable alternative to hiring an expert such as CPAs or EAs to prepare taxes. Nonetheless, small business owners need to understand that only accurate filing can maximize their income tax refunds. Given…
Small business owners have moved from manual tax filing to using tax software. Business owners who can’t afford to hire employees have a handful of tasks, such as bookkeeping and providing services to customers. However, with these business tasks on hand, your tax return is not something I would advise you to do manually. It…
As a tax preparer, you should know that the W-2 and 1099 forms play crucial roles during tax preparation. They ensure that we file our taxes accurately and in compliance with regulations. However, tax preparers, especially those still new in the system, wonder why it is necessary to have a W-2 or 1099 form when…
Are you looking to buy TurboTax software at a discounted price? Check out our guide for some tips and tricks to save money when purchasing this popular tax preparation software. Taxation is a crucial aspect of every business. So, not paying your taxes correctly and when due can bring issues with the tax authorities. However,…
When it comes to filing your taxes, there are a few options available to you. One of the most important decisions you’ll make is whether to hire a tax preparer or tax software. Both have pros and cons, and the right choice for you will depend on your needs. This article explains the differences between…