As we enter the fourth quarter, it’s time to start preparing for the year-end close of your books. For businesses, this is a crucial time to organize records and ensure everything is in place for an accurate and efficient tax filing process. One key area to focus on is updating your fixed asset records. Here’s […]
Let’s break down what Kiddie Tax is, who it affects, and how to manage it. What is the Kiddie Tax? The Kiddie Tax applies to children under the age of 18 and full-time students up to the age of 24. It is designed to address the tax treatment of unearned income, which includes: Interest […]
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Today, we’re delving into the intricacies of the pickup process. Whether you’re anxiously awaiting a refund or bracing yourself for a tax bill, fear not! We’re here to guide you through every step of the way. Imagine this: your taxes are all sorted out, every number carefully crunched, and they’re waiting for you to grab […]