Did you miss a credit or deduction, or need to correct something else on your tax return for this year or past years? If so, you can file an amended tax return. Here are five things you need to know about amending a tax return: First, be sure to identify the year of the return you're [...]
As an employer, you do not need to register yourself for withholding to pay your own income taxes. If you expect to owe more than $400 in MA income tax, you are required to make individual estimated income payments. Rules are a little different for farmers and fishermen. You can find more information on the DOR [...]
You can easily keep track of who your business owes money to by adding your vendors to QuickBooks Online. You can add them one at a time or in bulk from a spreadsheet. Follow this video tutorial to learn the steps to take.
The IRS conducts many types of audits each year to verify income and expenses claimed on tax returns. Many of these audits are conducted by mail. If you receive an audit by mail, be sure to read the letter carefully. The letter explains the issues involved and outlines the types of information you need to send [...]
If you want to speak with someone face to face at the IRS, just go to IRS.gov/appointment, then click "find a taxpayer assistance center office." Enter your zip code and then select which mileage radius you want to search within. Select the office listed, and make sure it offers the services you need. Remember that you [...]
