The spirit of entrepreneurship that drives many to open a small business often comes with a fierce independence and self-reliance. While these are admirable traits and some may say essential for success as a small business owner and operator, they can make one less likely to seek outside guidance and assistance where it could prove …
While organizing just about anything in your life can become a daunting task, there are some that can truly change the way you live. The organization of your finances can help you and your family stay on budget, pay bills on time and do your taxes quickly, just to name a few. The professionals at …
When filing an individual tax return, use the correct version of the IRS 1040 forms. It is essential to educate yourself about income restrictions and report all earned income. Report All Income Sources The main sources of income to be reported on an individual tax return are: Wages, Salaries, Tips Self-Employment Income Interest These are …
Business owners have responsibilities to the IRS and State beyond filing their personal income taxes; they must also pay business taxes on behalf of their company. Just as individuals sometimes have difficulty paying their income taxes to the IRS/State, businesses owners, both large and small, are sometimes in need of business tax services and business …
Continue reading “The Business Taxes Every Business Owner Needs To Know About”
Starting and running a successful business is challenging enough. Keeping track of all the forms you need to file with the IRS/State to qualify for business tax deductions and to stay current on your corporate taxes can be overwhelming. Not to worry, we’ve highlighted the key tax forms you need to be aware of here: …
You could end up owing the IRS taxes and penalties if your IRS tax returns are not filed correctly or if you do not file your return at all. Not only can the IRS assess penalties on your unpaid taxes, they also charge interest on the total of both the back taxes and penalties, which …
Don’t have time to file your taxes? Let Tax Group Center help you get on track with their tax preparation services. TGC uses efficient bookkeeping systems and provides easy-to-use tax organizers for clients to make the process convenient and most importantly, reliable. These forms along with records of your financial transactions allow the professionals at …
Did you know that one-third of employees owe or end up owing money to the IRS or State Tax Authority? Many of these employees have little or no means to pay their debts and as time passes, the situation only gets worse. In fact, the number of employees with tax issues is steadily increasing. Your …
Continue reading “Tax Group Center presents the Employee Tax Services (ETS) Program”
At Tax Group Center, we are committed to providing our clients with results. Clients who retain our services in order to address their delinquent tax returns and debt often come to us in a time of crisis. To best protect their financial interests, it is essential that we evaluate the client’s particular situation and determine …
Continue reading “Success: Real Results from Tax Group Center”
TGC. We’re all about our clients. Every tax relief company will tell you how they can negotiate a settlement on your behalf. But Tax Group Center is about so much more than tax relief. Our goal is to guide our clients to financial freedom and that goes way beyond acceptance into a tax resolution program. …
