2020 IRS Audit Red Flags

It’s true that the majority of tax returns will never have to undergo an audit; however, for the unlucky few taxpayers who submit legitimate tax returns and still must endure an audit, even one audit experience is one too many. Here are five types of red flags that are more likely to make the IRS … Continued →

2020 Tax Changes for Small Business Owners and Partners

Are you self-employed? Most U.S. companies are self-owned, and of the more than 30 million small business enterprises, over a quarter of self-owned businesses are big enough to have employees. Being self-employed means dealing with many unique tax challenges, like tax withholding, additional reporting requirements, and more IRS scrutiny. There are some changes that self-employed … Continued →