IRS Plan Payments – Making a ‘Fresh Start’

Posted on April 16, 2013April 25, 2013 by Vik

You may have heard of greater IRS flexibility with installment agreements due to the economic downturn. This has been labelled the “Fresh Start” Program. Under this program, there are many incentives for individuals such as reduced penalties and withdrawing of liens under certain conditions but what are the options available for your business? NOTE: As[…]

Excel1040

Posted on February 20, 2013April 25, 2013 by Vik

Preparing your own tax returns can be a rewarding experience. Having a basic understanding of each line item can help you in your planning over the course of the year. For example, if you expect a lot of medical bills in the coming year, it would help to know what threshold you need to cross[…]