Key TakeawaysDIY tax software can work for very simple, low-income businesses, but it assumes you already know how to classify transactions and identify tax opportunities. A tax preparer makes sure expenses, credits, and entity decisions are handled legally and...
Key Takeaways Personal and business identification details, including Social Security numbers and business IDs Complete income records Documentation that supports deductions, credits, and major purchases Proof of tax payments already made during...
Key TakeawaysYes, you can dispute a tax bill—a notice from the IRS is often a proposal, not a final verdict. The IRS routinely issues bills based on incomplete or incorrect information, especially when returns are missing or rushed. You have the legal...
Key TakeawaysW-2s and 1099-NECs must be sent to workers by February 2, 2026 (for the 2025 tax year). Those same forms must also be filed with the government by February 2, 2026, whether you file electronically or on paper. If you file 10 or more total...
Key TakeawaysResolving old tax issues depends on how you handle your 2025 taxes Filing your 2025 return on time matters even if you can’t pay the full balance For self-employed taxpayers, estimated payments are part of staying current on 2025...
Key TakeawaysYou only need 5–9 true KPIs for effective 2026 planning. KPIs should connect directly to a specific financial or strategic goal. Too many KPIs dilute focus and slow decision-making. The right KPIs help you act earlier, not just analyze...