- The Life of an Estimate in QuickBooks Online
- Estimates-or quotes, or bids- are useful tools when you’re pitching a sale of products or services. Here’s how QuickBooks Online handles them.
- Top 10 Startup Business Questions Every Entrepreneur Should Answer
- Starting a small business can be one of the most exciting and rewarding events in someone’s life. But it can also be extremely stressful. If you’re thinking about becoming an entrepreneur, you might have more questions swirling around in your mind right now than you can count. Don’t despair. This is completely normal. After all, it shows you’re serious about your business venture and care enough to want to do things the right way. Before moving forward with a new business idea, ensuring you know the answers to the following vital questions is crucial.
- What Happens if you Made a Mistake on your Tax Return?
- If you made an error on your tax return you’ve just discovered, you can file an amended return. Learn how.
- What to Do If You Receive a Dreaded IRS Letter
- Now that most tax refunds are deposited directly into taxpayers’ bank accounts, the dream of opening your mailbox and finding an IRS refund is all but gone. However, the IRS still sends letters that can increase taxpayers’ heart rates; because of extensive computer matching, the IRS does most of its auditing through correspondence.
- What is an IRS Penalty Abatement and Am I Eligible for One?
- There are different types of IRS penalties that can be assessed against you. The most common penalties include those for failing to file a tax return, filing your return late, or accuracy-related penalties if you didn’t correctly state items on your tax return. But were you aware that sometimes, the IRS can issue penalty abatements if you believe you’ve been penalized unfairly?
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