Remove audit Remove Entertainment Remove payroll Remove payroll tax
article thumbnail

Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

Navigating tax issues can be daunting, especially when facing audits, unpaid taxes, or payroll problems. This FAQ guide provides insights into common tax problems and solutions available in Corona, CA. What is Audit Representation and How Can It Help Me in Corona, CA?

Tax 130
article thumbnail

Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

Here’s a glimpse into some of the prominent sectors and the tailored support a specialized tax and accounting firm can offer: Entertainment Industry: From bustling studios in Hollywood to independent production houses, the entertainment industry is a major player in LA. to minimize your tax burden and maximize profits.

Tax 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top Remote Accountants of the Week | May 23, 2024

Going Concern

FTE Senior Tax and Accounting | Candidate ID #20455103 Certifications: CPA in progress Education: BA, Accounting & Business Administration Experience (years): 4+ years in public accounting Work experience (highlight): Staff Accountant at a CPA firm Full client care including accounting, bookkeeping, tax and audit In 2024 completed 100+ returns, (..)

article thumbnail

Why Hiring a Tax Pro Boosts Your Small Business (and Saves You Money)

MyIRSRelief

Your tax professional will guide you through tasks like payroll tax deposits, estimated tax payments, and state and local tax regulations for your chosen business structure (C corporation, S corporation, or partnership), ensuring smooth sailing with tax authorities.

Tax 130
article thumbnail

Commingling Funds: How to Address the Problem and Avoid It in the Future

inDinero Tax Tips

Mistakenly taking personal expenses as small business tax deductions also opens you to risk during an audit. Certain expenses are more likely to be flagged by the IRS: hotels, travel, meals, groceries, car payments, rent, cosmetics, clothes, and entertainment. This process will result in taxable income to the shareholder.

article thumbnail

Los Angeles accountant for small business – Mike Habib, EA

MyIRSRelief

Tax Planning and Preparation: An accountant (EA or CPA) can help small business owners navigate the complex world of tax laws and regulations, ensuring compliance and minimizing tax liabilities. They can also help prepare tax returns, file necessary forms, and represent the business in the event of an audit.

Account 130
article thumbnail

Top accounting issues in 2023

ThomsonReuters

Solution: This means firms should consider a software solution that can do the following: Enable efficient research with a built-in, customizable tax law database that is tailored to meet the specific needs of the firm. Furthermore, professionals must adhere to new auditing standards SAS 134-140.

Account 52