by Karla Dennis | Oct 26, 2013 | Blog
When you own and operate a small business there are always important decisions to be made. One of them may involve whether or not to hire an employee to handle all of your Bookkeeping. In this article we will discuss some of the reasons why utilizing a trusted, experienced independent Bookkeeping source may be a much better option that starting the interview process. For starters making use of a third party Bookkeeping money can help you save money and time in the long run. Just simply hiring an employee will on average cost you about $200 in training and resources. This doesn’t include the time needed to interview potential candidates and also train a new hire to handle your Bookkeeping needs. By utilizing an independent Bookkeeping service like Cohesive Tax you are able to simply have a discussion of how and when you would like reports and we will take the rest from there. Other additional costs to consider would include potential health care to an employee along with other benefits normally offered to full time employees. A Bookkeeping service outside of your small business can be set up to your liking with information available to you whenever you need it. By avoiding a new hire just to handle your Bookkeeping you can also avoid many of the things that come along with another member of the staff. This includes every day things like sick days, showing up late, discussing and developing HR policies, and other necessities of a new hire in the office. With Cohesive Tax you can let us know when you would like to discuss your...
by Karla Dennis | Oct 23, 2013 | Blog
Are you wages being garnished by the IRS because of past due taxes and you’re not sure what to do for help? The first step you want to take is contacting a tax resolution specialist like the professionals at Cohesive Tax. There are lots of different reasons why you may need tax resolution help and garnished wages can be just the tip of the iceberg. If you’re in a predicament that involves the IRS, whether they’re taking your money or constantly sending you tax bills, the best way to get these types of problems solved is by seeking tax resolution help. Some people feel that they can handle the IRS on their own but this couldn’t be further from the truth. Whether you’re having issues with your individual tax return or a tax return for your business, the only tax resolution that is going to solve your problems is one that comes from the help of an educated and experienced professional. Being contacted by the IRS isn’t something that should be taken lightly and if you think that eventually they’ll just give up and stop contacting you, you’re wrong. It’s imperative that you work with a professional that can provide you with tax resolution services. If you’re in a sticky situation and want the IRS off your back, see tax resolution services from Cohesive Tax. They are an experienced tax and accounting firm licensed in all 50 states, so no matter where you are or what your situation is, they’re here to help. In fact, many of the individuals that currently work at Cohesive Tax used to work for...
by Karla Dennis | Oct 23, 2013 | Blog
Today we’re discussing injured spouses. Injured spouses are those individuals that are getting their wages garnished or their tax refunds confiscated to pay back child support, back taxes, etc. that belongs to your spouse. Everybody has a unique situation, but if you are in a situation where your spouse has to pay some back child support or back taxes, that money shouldn’t be taken from you. Watch the video above for more...
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...
