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The Internal Revenue Service has announced the annual inflation adjustments for a number of provisions for the year 2015, including tax rate schedules, tax tables and cost-of-living adjustments for certain tax items. If you're looking for 2015 tax rates, here you go! Read More

Taxes are pretty much the bane of everyone’s existence, no matter what they do for a living, and they’re even more complicated and more of a headache for entrepreneurs. With so many moving parts in the business and the way you report the income it generates, it can be quite a bit more complicated t Read More

The U.S. Internal Revenue Service has decades of experience dealing with tax returns and in that time has developed statistical, formulaic and numerical data on higher risk tax filings in terms of potential tax evasion. The IRS has developed an audit alert warning system that is triggered by certai Read More

Business bookkeeping adjustments and financial planning helps lower taxable income when the right techniques are used. Being aware of these business tax tips may help your business avoid overpaying taxes. Read More

The IRS releases a yearly guidance plan and this year the IRS plan to look at the employee perk of free lunch among other things. Read More

When we think of tax time, we often focus on our federal returns. However, the truth is that you also have to think of your state return as well. If you’ve moved, though, you might have multiple state tax returns to file this year. Read More

Teaming up with the right tax professional can save you money and help make your business more competitive. Follow these tips and find the right person. Read More

Failure to properly pay your payroll taxes could mean fines or even jail. This infographic can show you how to do your payroll taxes in the right way. Read More

Limited liability corporations are taxed as either pass through entities or as a partnership depending on the number of owners. Sole owners of LLCs may qualify for tax exemptions not typically applicable to individual tax filing; LLCs are also known to avoid double taxation. Read More