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Original Article Source Credits: the balancesmall business, https://www.thebalancesmb.com

Article Written By: Marco Carbajo

Original Article Posted on: March 10, 2019

Link to Original Article: https://www.thebalancesmb.com/advantages-of-a-bookkeeping-service-for-your-business-4086484

Original Article Source Credits: IRS, https://www.irs.gov

Article Written By: NA

Original Article Posted on: May 24, 2021

Link to Original Article: https://www.irs.gov/newsroom/tips-for-troubleshooting-common-after-tax-day-issues

Original Article Source Credits:   CNBC , https://www.cnbc.com/

Article Written By:  Lorie Konish

Original Article Posted on:   JAN 7 2021

Link to Original Article:  https://www.cnbc.com/2021/01/07/still-waiting-for-a-600-stimulus-check-heres-what-you-need-to-know.html

Original Article Source Credits:   IRS , https://www.irs.gov/

Article Written By:  NA

Original Article Posted on:  November 2, 2020

Link to Original Article:  https://www.irs.gov/newsroom/irs-makes-it-easier-to-set-up-payment-agreements-offers-other-relief-to-taxpayers-struggling-with-tax-debts

When you owe creditors money that you can't afford to repay, sometimes you may be able to get the debt forgiven or otherwise canceled. When this happens, you no longer owe your creditors the money that you used to owe them.

The IRS, however, usually treats such canceled debt as income that you've received. Income that you could owe taxes on. If you fail to report it or fail to pay your taxes on the cancelled debt, you’ll end up ow

For early adopters of Bitcoin, Ethereum and other popular cryptocurrencies, the profit potential has been simply stunning. While there have been some heart stopping moments and frightening ups and downs, the clear long-term trajectory has been upward.

If you are one of those early adopters who profited from the rise in cryptocurrency values, you are probably feeling pretty good about your decision. But your good fortune could soon take a dark turn, one that could leave you in hot water with the IRS.

Original Article Source Credits:   IRS ,https://www.irs.gov/

Article Written By:  NA

Original Article Posted on:   October 23, 2020

Link to Original Article:  https://www.irs.gov/newsroom/to-help-non-filers-irs-sets-nov-10-as-national-eip-registration-day-register-at-irsgov-for-economic-impact-payment

Whether you file the simple 1040EZ or a complex 1040 and a raft of schedules, making a mistake on your tax form could lead to big tax trouble. Something as simple as a math error or unsigned form could invite extra attention from the IRS.

Falling behind on your debts is never a fun place to be. It’s less fun when a levy is placed on your assets. In this article, we take a look at what an IRS levy is, why it happens, and what you can do about it.

Few people look forward to tax filing season. Unless you are an accountant who loves tax season, you probably dread this time of year, and you are thrilled when your return is in and your refund is on the way or your tax debt is all paid off.

Tax time will be here (again) before you know it. If your tax return is a simple one, you may be up to filing the return yourself. But if your situation is somewhat complicated, seeking the help of a qualified professional is probably the best move.

Working from home can be a dream come true, especially if you also work for yourself. Opportunities for freelancers, gig workers and other self-employed men and women have exploded in recent years, giving people freedom they crave without sacrificing the income

Filing for bankruptcy is a difficult and draining process. People often feel ashamed, scared, or confused.

I’m Bernell C. Ward, the proud owner of Ultimate Tax Relief. 

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

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