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TaxAudit Reviews Tips to Avoid Triggering an Audit on Your Small Business

Source: Unsplash | CoWomen Operating a small business of your own can be both fulfilling and frightening all at the same time. One the one hand, you have the opportunity to take control of your career and work for yourself. On the other hand, you boost your likelihood of becoming the target of an Internal Revenue Service (IRS) audit, according to the experts at TaxAudit, which has received a number of positive audit defense reviews. Here are a couple of things to avoid doing if you want to lower your chances of having the IRS come knocking at your door.…

Audit Defense Reviews Indicate Common IRS Audit Triggers

The Internal Revenue Service (IRS) has just sent you a letter saying that you are being audited. Suddenly, your heart drops, and you break out in a sweat. “Why in the world am I being audited,” you ask yourself. Unfortunately, based on audit defense reviews, certain tax-filing mistakes can easily trigger an audit by the IRS. Here are three core triggers to watch out for going forward. First, making a math error can spell big trouble with the IRS. So, make sure that you don’t write an “8” when you’re supposed to be writing the number “3,” for example. Yes,…

Don’t forget about your tax itemizations this Summer! 

Summer is a time of change and transition for many American families that take advantage of this time to make some significant life changes – whether it be moving to a new city or buying a home. This is especially true for families with school age children as they can take advantage of this time to schedule their home buying, relocating, and even home remodeling to the summer months while school is out. These summer events could have significant tax implications for those that itemize their deductions. Due to the new tax laws that have resulted in less taxpayers itemizing…

Buy Autographs for Sale, Invest in Vintage Vinyl, or Start a Coin Collection: The Most Valuable Collectibles of the 21st Century

As human beings, most of us love partaking in our inherent consumer habits. In other words, we love to shop. And not just shop, but shop for things of value, both in terms of retail value and personal value. If this sounds like you, you might enjoy starting a collection of some sort. Maybe you already troll the internet to buy autographs for sale or you have a vintage vinyl record collection that is out of this world. Whatever items you collect, there is something special about having a collection all to yourself. That amazing feeling you get when you stumble…

In a world where customer service and support have become table stakes, how does the IRS measure up?

Source: Unsplash | Kelly Sikkema In today’s world of consumer-centric service models and 5 star ratings, review sites and social media, both private and public sector businesses and organizations are held to a higher standard and expectation for providing excellent customer service to their client base more so than ever before. But does that include the IRS?  With more than 150 million individual taxpayers and 10 million business entities paying taxes each and every year, the Taxpayer Advocate Service (TAS) advocates for exactly that – ensuring that the IRS meets the needs of its customers and provide much needed support…

Proven Strategies to Help Sell a House Fast

Source: Unsplash | Inina Murza Home sellers today employ a variety of tactics and strategies to successfully close a sale. Not only are you looking for the most favorable listing price, but also aiming to sell in the soonest possible time. Although there is no proven formula to go about the selling process, there are some tried and tested tricks you can try which were proven effective by many sellers in the past. Preparing the house before putting it on the market Regardless of the property value, every home requires some staging and preparation to make it more attractive to…

HOW TO PICK THE RIGHT TYPE OF REAL ESTATE AGENT FOR YOUR PROPERTY

Are you planning to sell your property so you can start investing on those Meraas off plan projects in Dubai and keep checking those Meraas Sur la Mer prices or Emaar Mina Rashid prices? To take this huge step, you need the professional assistance of a really good real estate agent. The process of buying and selling a property isn’t for everybody, so having a real estate agent by your side that helps you and guides you through the market is an advantage. When you work with a real estate agent that’s trustworthy and has the experience with the market, you’re making…

David Serna Attorney at Law – Hiring the Best Lawyer in Albuquerque

Source: Unsplash Just over 3 years ago my husband and I got divorced the process was pretty tough as we had business interests together and there was some resistance on his part to make an agreement which everyone could be happy with. I knew that a good friend of mine could help me out and David Serna attorney here in Albuquerque and easily the best criminal defense attorney in the state of New Mexico was kind enough to put me in touch with some great family law firms. If you don’t have a friend who can put you in touch with…

Are You Considering Adding an Income Property?

Some people like to hand their money blindly over to their financial manager and have them invest it in stocks that the “professional investor” believes will be increasing in value in the near future. However, if you look at your returns and all the taxes that are taken out, you are sometimes lucky to break even. Instead of depending on someone else to invest your money, you could be doing it yourself without having to be at the mercy of anyone else. An income property could be exactly what you need. What Is an Income Property? An income property can…

How Can You Be Smarter With Your Money?

There is no better time than now to be more prepared for next year’s taxes. It’s essential to be smart with your money and pay fewer taxes next year than to just wait around and assume the role can work out for you. It’s important that everyone sits down with the tax person so they can express different strategies and tactics to use for the coming years tax plans. Therefore, there are different ways that you can be smart with your money to help you out in the long run for your upcoming year’s tax return. Suggestions To Be Smarter…