Blog
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How the IRS Fresh Start Program Reduce Back Taxes
- September 29, 2020
- Posted by: BenG-Admin
- Category: Blog, IRS, Taxes
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If the name “Internal Revenue Service” always dreads and reminds you that you owe taxes, you might not have thought of a way out. Taxpayers with financial binds often feel that they can’t escape debts to the IRS. However, this endless journey or situation is not as dire as you have assumed. With its innovative
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Interesting Things You Did Not Know about Taxes
- August 28, 2020
- Posted by: bryan@escobartax.com
- Category: Blog, IRS, Taxes
There is no denying that paying taxes is on all of our minds, barely in a positive way! The truth is that tax law is complicated to a considerable degree, and that makes for some very amusing, and at times odd tax trivia. Keep reading to learn about some of the most interesting and fascinating
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Tips on How to Appropriately Register a Small Business in Texas to Benefit You Tax-wise
- July 30, 2020
- Posted by: bryan@escobartax.com
- Category: Blog, Business, Taxes
It may sound harsh, but most of the time, small business owners have to spend plenty of their valuable money and time on taxes. However, not all business structures have the same tax benefits and pitfalls. In fact, with the right business entity, you can enjoy certain tax savings.. Despite convoluted similarities and dissimilarities between
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Funds for Rebuilding: It’s Never Too Late to Help Black-owned Businesses
- July 20, 2020
- Posted by: bryan@escobartax.com
- Category: Blog, Business, Wage
The time to sit back on and witness the suffering of black-owned businesses is no longer an option. Black communities were already facing new challenges due to coronavirus spread. However, the civil unrest followed by George Floyd’s killing brings an entirely new wave of struggle. Your task should be to keep that spark of struggle
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Filing Taxes on Unemployment
- May 29, 2020
- Posted by: bryan@escobartax.com
- Category: Blog, IRS, Taxes, Uncategorized, Wage
The unemployment rate is already more than 14%, which means your tax situation is about to head for a bumpy ride. There are, of course, significant elements you should be aware of before you receive your unemployment compensation benefits. Whether you are earning income or not, you might still have to file your tax return.
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COVID-19: What the IRS Is Doing To Help
- May 5, 2020
- Posted by: bryan@escobartax.com
- Category: Blog, IRS, Taxes
COVID19 is now affecting the economic structure where businesses thrive. For the sake of containment, the pandemic has forced companies to shut down operational activities for the foreseeable future. As millions of folks file for unemployment, Americans can take a sigh of relief from the new Coronavirus Stimulus Package. The official name for the $2
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Programs That Can Help Your Small Business Get Through Coronavirus Pandemic
- April 28, 2020
- Posted by: bryan@escobartax.com
- Category: Blog, Bookkeeping, Business, Loans, Uncategorized
Although several small businesses have the capability to allow their staff to take care of work remotely, many companies do not have that luxury and have to bear the burden of losses. Today, small businesses are facing grim challenges ahead that will require immediate actions. As much as the government initiatives and legislative efforts matter,
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What Changes You Can Expect from the IRS in 2020
- March 19, 2020
- Posted by: BenG-Admin
- Category: Blog, IRS, Taxes
As the 2020 tax season begins, the Internal Revenue Service is processing and accepting a continuous stream of federal tax returns for the 2020 tax year. Currently, the deadline to file your 2020 tax returns and make tax payments is April 15, however a few days ago, the IRS commissioner extended the deadline to file
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9 Questions You Should Ask Before Filing Business Taxes
- March 3, 2020
- Posted by: BenG-Admin
- Category: Blog, IRS, Taxes
Name - Nombre* Email - Correo Electrónico* Phone - Teléfono* What can we help you with? - ¿Qué podemos ayudarte?* Today, most of the small business owners leave legal write-offs on the table during tax season.s. Sometimes keeping track of your receipts and expenses will help aid in the preparation of your tax return. . -
Basic Tax Strategies Small Businesses Can Implement Today
- January 17, 2020
- Posted by: BenG-Admin
- Category: Blog, Business, IRS, Taxes
The highest expense for a small business over the year is not raw material, health insurance, or even payroll – but taxes. In this age of lower and friendlier tax rates, small businesses often have to grapple federal and local tax regulations. And before you know it, the amount accumulates to the point that it
