by tangible | Oct 6, 2017 | Resources
Tax record retention: How long is long enough? Federal law requires you to maintain copies of your tax returns and supporting documents for three years. This is called the “three-year law” and leads many people to believe they’re safe provided they...
by tangible | Oct 6, 2017 | Resources
October 2017 October 10 Employees – who work for tips. If you received $20 or more in tips during September, report them to your employer. You can use Form 4070. October 16 Individuals – If you have an automatic 6-month extension to file your income tax...
by tangible | Aug 24, 2017 | Resources
Tax planning is the process of looking at various tax options in order to determine when, whether, and how to conduct business and personal transactions to reduce or eliminate tax liability. Many small business owners ignore tax planning. They don’t even think...
