by Karla Dennis | Oct 22, 2013 | Blog
With the government shutdown over, the IRS is back to work. So, what does that mean for you, the taxpayer? Because of the time off, the work that has piled up over the last two weeks will be a burden. So, if you were expecting a refund, they will be working on that. You shouldn’t expect a refund tomorrow, but if you have a refund coming, it should arrive within the next few weeks. Also, if you received levy notices while the IRS was shutdown, you might receive new letters and phone calls, and if you had an audit scheduled during the shutdown, you can expect the IRS to be contacting you to reschedule that. read...
by Karla Dennis | Oct 20, 2013 | Blog
If you are a small business owner you may sometimes find yourself wondering where the day went. Lost within those days while you were hard at work could be invoice, bills, and other important Bookkeeping information that is important to your bottom line. The team at Cohesive Tax have been helping small business owners for years make sure they are maximizing their tax situation in order to grow their business while focusing on their day to day responsibilities. For a small business owner getting started will require a lot of time and learning on the business owners part. This means everything from dealing with vendors to setting up your phone and fax machine. For many people this can be an entirely new process that leaves every day with a list of ten things to do for the next day. Make sure one of those things on your to do list is not Bookkeeping. I say this because in order for your business to meet its goals and ultimately make you money their needs to be a separate outside individual handling your Bookkeeping. Many small business owners will attempt to set aside one particular day to send out invoices or pay bills. Developing this kind of structure is certainly a good thing but if those tasks get put off or if an emergency comes up we know have a problem. Your Bookkeeping needs to be fairly standardized and mostly importantly bills need to be paid on time. Handling Bookkeeping yourself may be a sure fire way to mess this up from the get go. Especially if you have little to...
by Karla Dennis | Oct 17, 2013 | Blog
When you work with Karla Dennis And Associates, Inc.™ and utilize the variety of professional tax services they offer, you can guarantee that you will get some of the best tax preparation services in the business. At At Karla Dennis And Associates, Inc.™, they are tax preparation professionals that know the code inside and out; they are continuously furthering their tax education and knowledge to ensure that their customers have the most thorough tax preparation service in the country. When you choose to let us handle your tax preparation you are provided with three different facets. The first of these is accuracy; because each and every one of the professionals here are Enrolled Agents and has undergone rigorous testing, the guarantee that all tax preparations and returns are 100% accurate. This includes qualifying deductions as well as all other codes that are applicable to your situation. Next, we ensure that your tax return is completed in a timely fashion and always stay in contact with the customer so they know the status of their tax preparation. Lastly, we also ensure peace of mind. Is the deduction you’re attempting to take today going to get you audited or throw up a red flag to the IRS? At Karla Dennis And Associates, Inc.™ is here to make sure that the best decisions are made with regards to your tax preparation. read...
by Karla Dennis | Oct 16, 2013 | Blog
Karla Dennis goes over how the IRS shut down affects your taxes. Even though they are shut down you still have to honor the tax dates. Also, if you are trying contact the IRS and need a resolution; contact us as we can...
by Karla Dennis | Oct 16, 2013 | Blog
Today were going to talk about innocent spouse claim. This is one of those situations that you hate to have, but it’s useful to know about. Typically, in the innocent spouse situation, one spouse is a W2 wage earner and the other spouse has their own business, but doesn’t pay in any estimated taxes. The business owner has always relied on the withholding paid from the spouse who is a W2 wage earner. At the end of the year, this can cause a big mess. Watch the video above to learn more about how to handle this situation. read...
