Susan was part of a multi-member limited liability company (LLC) that had purchased a building in an underprivileged area. They were renovating it and hoping to turn a profit in the future. In their founding …
tax mistakes
A small business owner is often so busy wearing different hats while running his or her business that record keeping gets neglected. Small business’s lack of good records is a bonanza for the IRS. Keeping …
Owning a small business is difficult. A business owner wears a lot of hats. They are the HR Department, the head of advertising and marketing, chief of operations, and Chief Financial Officer. Despite the fact …
Some individuals and businesses owe more tax than they have funds to pay in full. If you want to avoid the IRS from taking away your assets, they have installment plans that will allow you …