As a small business owner, you face various challenges, but none compares to managing your finances. Your success mostly depends on how well you manage your cash flow, maintain good financial records, and ensure your taxes are up to date. One of the fundamental...
As a small business owner, you’re always short on time. Between managing staff, developing strategies, and building your brand, it can feel like there aren’t enough hours in the day. Financial management is one of the most critical yet time-consuming aspects of...
If you owe the IRS back taxes, you may be concerned about whether or not they can take money from your paycheck. The short answer: Yes, the IRS can garnish your wages if they issue a wage garnishment order to your employer. However, there are steps you can take to...
The thought of an IRS audit can be intimidating and overwhelming for anyone. For those who have never experienced one, it seems like a complicated and complex process that only high-earners and large corporations need to worry about. However, IRS audits can happen to...
It is no secret that taxes can be confusing and stressful. However, when you fall behind and can’t afford to pay what you owe, that stress can turn into a nightmare. Fortunately, the IRS does offer some programs that can help alleviate some of the pressure,...
Tax day is almost here, and it’s time to file your returns. But before you get started on the process, it’s important to take a step back and ask yourself if your returns are accurate. IRS audits have been on the rise recently and filing an inaccurate return can...