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Challenges of Organizing Tax Notices on Excel

At some point, all business owners will receive many tax notices. These notices likely won't be the only things you'll need to take care of, and you might find yourself asking how to organize business notices efficiently. The problem is that some tax...

Can You View IRS Notices Online?

Paper-based processes are manual, slow, and likely to result in errors and late fees, and they tie you to specific locations to conduct your paperwork. Handling as much of your business's tax processing and management online as possible is an easy...

Understanding What the IRS Wants and Who to Send Your Notice To

Out of all the businesses in the United States, only 1% get audited each year. However, far more receive notices about filing requirements, penalties, and deadlines. While these notices don't often carry the same severity as an audit, failing to respond...

Understanding Payroll Tax Notices: What They Are and How to Keep Them Under Control

Payroll taxes are an essential and unavoidable part of doing business. Even if you outsource to a payroll processor, it is still on you to correctly remit payroll taxes. A processor can save you time by telling you what to send. Any mistakes with your...

Beyond the IRS: What to Know about State and Local Notices

State and local tax notices are the other half of the much more uniform IRS notices U.S. citizens are more familiar with. Because businesses often contend with many more non-federal notices, having a system for relevant local tax notices is just as...

The Inspiring Poet Behind "So Great the Journey"

Lois Fried is an accomplished poet who has been actively involved in the poetry community for years. Born and raised in Brenham, Texas, she left the state to pursue a degree in journalism in California before settling down in the San Francisco Bay Area....

Software to Help Maintain Compliance with International Tax Notices

When you run a multinational business, taxes become complicated—fast. Even selling across country lines can change the taxes your business is obligated to pay. From international organizations with field offices worldwide to a company opening its first...

How to Report Oil & Gas Royalties on Your Tax Return

Oil and gas royalties can be highly complex, creating no shortage of confusion for those wondering how to report oil and gas royalties on tax returns. At the same time, oil and gas tax filings can be categorized according to a few simple categories, as...

Tips for Managing IRS Tax Notices to Keep the Volume Low

Depending on how many years you've been in business, you've likely received your fair share of IRS tax notices and can expect to continue seeing them every year. But if you don't stay on top of these tax notices, they can feel overwhelming when they...

Mergers & Acquisitions from a Tax Perspective

On average, small businesses across the United States pay a tax rate of 19.8%, and corporations of different sizes need to carefully account for the federal corporate tax rate of 20%. Tax experts know the ins and outs of how various business decisions...