What You Need to be Aware of With Online Tax Preparation Applications

Online tax preparation applications look easy, but there are problems lurking within. Tax preparation applications make a lot of great-sounding promises in advertisements. Claiming to make filing your taxes a breeze, as well as helping you get the biggest refund ever, they sound like a miracle product. These products claim to provide numerous advantages, many of which do sound tempting to busy individuals, such as:
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Categories: BUSINESS TAX STRATEGIES.

Are Online Incorporation Tools a Legitimate and Reliable Way to Create a Corporation?

Online incorporation tools can lead to serious legal problems down the road. The upbeat advertisements of online incorporation tools make incorporating your company look very cheap, easy, and simple. But unfortunately, that’s far from the truth. Purchasing a kit online to incorporate a business without the help of a professional can be like buying all the parts to build a car without the knowledge of
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Categories: CORPORATIONS & LLCs.

The Ugly Truth About Changing Your Tax Bracket

What is a tax bracket, and what does it mean for you? The United States federal income tax utilizes a progressive – or tax bracket – system to determine how much singles or married couples will pay in yearly taxes. Since the implementation of the American Taxpayers Relief Act, the IRS divided the taxpayer population into seven tax brackets, determined by the amount of personal
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Categories: Sacramento Personal Taxes.

How Online Tax Calculators Can Tank Your Business

Why using online tax calculators is a bad idea for your business. Have you considered trying online tax calculators to get an idea of how much your business will pay next year? Don’t even consider it. These online tax calculators are seriously problematic for a variety of reasons. In fact, they can be a serious enough problem to impact your business for years. In extreme
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Categories: Sacramento Personal Taxes.

The Final 5: The 5 Most Common Tax Errors and What They Cost

Do you know how much these common tax errors can cost you? Tax errors are a serious problem that can impact your life for years. They can cost you thousands of dollars and disrupt your financial security. Here is how to avoid these common tax errors and stay free of excessive monetary loss. The Most Common Tax Errors Broken Down While there are dozens of
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Categories: Sacramento Personal Taxes.

HR Management Services: The Risks and Rewards of Outsourcing VS Insourcing

Outsourced HR management services can save your business both time and money. From screening new workers to managing existing employees, HR management services fulfill a variety of important roles. High-quality HR is essential, as it allows companies to run smoothly and attract the best talent. However, not all businesses can afford the time or money it takes to maintain an in-house HR department. Outsourced HR
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Categories: PAYROLL & ACCOUNTING.

The Easy Tax Refund Scam That Cost the US Billions in 2014

Every year, a tax refund scam like this accounts for billions of dollars in losses. In 2014, identity theft topped the annual IRS list of tax refund scams. That year, identity theft affected over 17 million people and cost a whopping $15.4 billion. Although not all identity theft prompted the loss of tax refunds, tax-related crimes constituted a large percentage of total identity theft incidents
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Categories: SCAMS & SCHEMES.

The Ugly Truth About Hiring a Business Accountant or CPA For Your Small Business

Small business owners should demonstrate caution when choosing a business accountant. Working with a business accountant can be a great option for small business owners who cannot afford in-house accountants but also cannot afford to miss out on hidden tax savings. Unfortunately, not all business accountants and CPAs are equally capable of delivering the high-quality audit protection, tax filing and estate planning services their clients
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Categories: BUSINESS TAX STRATEGIES.

Payroll Services vs. Payroll Software: What Nobody is Telling You!

Payroll services hold many advantages over payroll software, and some of them are surprising. Many business owners attempt to use payroll software on their own. But in doing so, they actually spend more money and often receive poor service. Those who go with dedicated payroll services are more likely to be satisfied with their choice. There is no one solution perfect for every business. However,
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Categories: PAYROLL & ACCOUNTING.