business
How do I revoke IRS POA?
If you want to revoke a previously executed power of attorney and do not want to name a new representative, you must write “REVOKE” across the top of the ...
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Business
business
When do I need to fill out the W4 form?
The 2021 W4 Form needs to be filled out by all new employees and existing employees who want to update their withholding. The form makes sure your employe...
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business
How do I record PPP received?
To record accrued interest: Head to Accounting and then Transactions; click Add expense. In the new expense transaction, enter the date, and enter a descr...
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business
How do I file taxes if I moved to another state?
You’ll have to file two part-year state tax returns if you moved across state lines during the tax year. One return will go to your former state, and one ...
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business
How long does IRS process non-filers?
If successfully validated, non-filers can expect to receive a paper IRS Verification of Non-filing Letter at the address included in their online request ...
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business
How Long Can IRS try to collect back taxes?
ten years As a general rule, there is a ten year statute of limitations on IRS collections. This means that the IRS can attempt to collect your unpaid tax...
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business
Where can I find volunteer opportunities for my nonprofit?
If you are searching for a volunteer opportunity, or would like to grow your nonprofit’s opportunities to be most attractive for volunteers – and find the...
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business
Do you need to file an amended form 1040-x?
You may need to file an amended return using Form 1040-X to claim the benefits now available for 2018 or 2019. Affected 2018 forms that had lines “Reserve...
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business
When to create a LLC for your rental property?
If you own your property as an individual and someone files a lawsuit against you, then your personal assets are at stake. However, if you create an LLC, ...
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business
Does IRS send refund checks?
Tax refunds are processed by the IRS two times per week. On the first day, the IRS only processes refunds that it will make through direct deposit, and on...
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