As I mentioned, it could be a very complicated season - late law changes, the Affordable Care Act rules, and much reduced IRS resources. It's the perfect storm for potential taxpayer confusion, problems filing tax returns, and delayed refunds.
I have so many things that stress me out these days. Hey, I've watched the stock market every day for the last 22 years, and that's enough! The last thing I want is not having a repeatable, streamlined tax-prep procedure. Get organized and you won't freak out over your taxes.
MSNBC ratings have been declining for a while, and CNN has been making slight gains in its audience size. Now is not the time to begin "reducing spending," certainly not if you're trying to maximize "growth and profitability."
A smart entrepreneur doesn't just consult his accountant at tax time. He or she knows the underlying reasons why your business is succeeding or failing and should be consulted a minimum of two times per year for non-tax-related consulting and advice.
Privately held accounting, tax prep, bookkeeping and payroll services companies (NAICS code 5412) posted an average annual net profit margin of 21.2 percent, based on financial statements filed during the 12-month period ended February 2013.
State tax auditors are being told to shake down local businesses to generate revenue. And while big businesses have internal tax specialists who can fight unjustified assessments, small businesses often have no choice but to pay since the cost to them of fighting back is so high.