by Karla Dennis | Jan 7, 2015 | Blog
The first official electronic filing date is January 20, 2015 this year. The five day delay is due to late tax law changes and budget cuts. This year IRS has implied that refunds will be delayed because of budget cuts. I have noticed that IRS has consistently been delaying the issuance of refunds. The larger the refund, the greater the...
by Karla Dennis | Dec 10, 2014 | Blog
The deadline to file corporate taxes is an important one for business owners to be aware of because they have to file their tax return by March 15th; if they don’t, they will need to file an extension. Karla also wants to remind you that it is imperative that you know what type of corporation you are, whether it is an S-Corporation or a C-corporation, because this will help you get your tax return filed as accurately as...
by Karla Dennis | Dec 7, 2014 | Blog
Many individuals and business owners often want to know how they can tell if they are overpaying on their taxes. Listen as Karla discusses a few different ways to ensure that you are making the most out of your tax return as well as why it is important to have regular conversations with your tax professional to discuss what the best tax strategy is for your current situation, thus almost guaranteeing you aren’t overpaying the...
by Karla Dennis | Dec 3, 2014 | Blog
Karla discusses some of the most important items on your personal and business tax returns as well as shares stories from previous clients and how incorrectly filed taxes negatively impacted them. Some of the most common mistakes on tax returns are things that can easily be avoided. Understanding your tax return is imperative, especially if you own a business so ensure that you have a conversation with your tax professional that helps you to understand all aspects of what you are...
by Karla Dennis | Oct 22, 2014 | Blog
THE 12 BY 12 TAX ORGANIZING SYSTEM With less than one hundred days to the close of the year, taxpayers could really benefit now by using the 12 by 12 system of organization to get themselves ready to prepare for their income tax filings early next...
