Nonprofit Financial Fundamentals
No matter what kind of business you run, you have to learn about the financial side of your operation. This is especially true for nonprofits, whose operations differ from for-profit entities.
Author: WP+D
2024 Quarterly Estimated Tax Payments
The second quarter estimated tax payment deadline is June 17, 2024. Taxpayers should remember this deadline to avoid falling behind on their taxes and facing possible underpayment penalties. Taxpayers should also remember that third quarter payments are due September 16, 2024, and the final estimated tax payment for tax year 2024 is due January 15, 2025.
Qualifying For Home Energy Tax Credits
Taxpayers who make energy improvements to a residence may be eligible for home energy tax credits. The credit amounts and types of qualifying expenses were expanded by the Inflation Reduction Act of 2022.
Emergency Disaster Plan Protecting Important Documents
Disasters can have an immediate and lasting impact on individuals, organizations, and businesses. Year-round preparation is critically important. The IRS offers tips for protecting personal and business information in an emergency.
Transforming Your Accounting Processes
Your business is generating money, but you are struggling with tracking expenses, paying bills, and accounting tasks. We can help transform your accounting by streamlining processes and providing education about the best software for your business.
What Triggers an IRS Business Audit
Are you concerned about the likelihood of your business being audited by the IRS? What does the IRS see as red flags? How can you avoid them?
What to Do if Your Business is Audited
You found out that your business is being audited. It can strike fear in your heart. Learn what a tax audit entails, how to work with the IRS, and get through the process.
New and Previously Owned Clean Vehicle Credits
On April 16, 2024, the IRS revised frequently asked questions for the new and previously owned clean vehicle credits.
2024 First Quarter Estimated Tax Payments
The first quarter estimated tax payment for tax year 2024 is due April 15. Estimated payments apply to self-employed individuals, retirees, investors, businesses, and corporations.
Business Tax Records
When operating an Arizona business, in addition to the industry, the services or products that you offer will affect the records you retain. What records does the IRS expect you to retain? How should you record and organize your business-related costs and revenue?
Proposed Regulations Reporting Digital Assets
As evidenced by recently issued proposed regulations, the IRS is increasingly scrutinizing digital assets.
Appealing an IRS Decision
You have the right as a taxpayer to appeal an IRS decision in an independent forum. Learn more about your rights regarding IRS decision appeals.