Tax filing season is getting closer, but there are still some things taxpayers can do to impact their 2017 tax return. Failing to accurately and comprehensively complete your tax return can result in delays and even penalties.Even if you currently owe the Internal...
Identifying Effective Tax Help Solutions
Year: 2017
What’s in store for National Tax Security Awareness Week?
Our tax information gets increasingly more vulnerable in a developing digital age. Partners in the tax industry have made significant strides in improving defenses against identity theft, however, the best line of defense are tax payers themselves.That is why the...
To the IRS, tax mistakes can be as bad as deliberate deception
Being a business owner in Washington state is a lot of work. It can be rewarding, but there it also means doing a million things a day to keep the company successful and out of trouble. You can hire people to help you, but ultimately it’s up to you to make sure...
WA restaurant settles charges it used ‘zappers’ to avoid taxes
The best way for you to keep your business out of legal trouble with the IRS is to carefully figure out how much the company owes in taxes and then pay it. You cannot guarantee that the IRS won’t send you a letter someday, but you can reduce your risk by fully...
The TRFP and your business: what to know
Have you heard the term “Trust Fund Recovery Penalty” before? If you haven’t, you probably would not guess that it has anything to do with the taxes you withhold on your workforce’s behalf. If anything, it sounds like something to do with...
3 reasons not to represent yourself at an IRS audit
Nobody has ever been happy to get a letter from the IRS letting them know that they are getting audited. The prospect of having to produce years’ worth of old documents and dealing with an auditor is obviously no fun, even if you can prove that you do not owe...
Seattle city councilmember proposes income tax on ‘the rich’
Washington state residents pay both federal and state income taxes. There is no city-level income tax in the state, because municipal income taxes are banned by the state constitution.However, some lawmakers in Seattle are challenging the notion that they cannot...