Categories for Tax Preparation

Tax Deductions That Small Businesses Commonly Miss

May 20, 2020

Keeping up with the tax code is hard enough if it’s your job, but when you’re running a small business, you probably don’t have a lot of time to track down the best small business tax deductions in Union City, NJ. However, there are plenty of deductions that small business owners can take, which will lessen their tax liability and help them increase their profits year after year. When you run a small business, you get to subtract the “ordinary and necessary” expenses that are associated with keeping your company running. If you want to make sure that you get... View Article

The Tax Due Date Was Extended to July 15! Call Today to Schedule Your Tax Appointment

May 6, 2020

As you are no doubt aware, the COVID-19 pandemic has disrupted the American economy, and therefore the ability of millions of Americans to pay their taxes on April 15. With this in mind, the federal government extended the tax file date for 2020 in Union City, NJ, and now the State of New Jersey has followed suit. How will this affect you? Read on to learn more. State and federal tax extensions In late March, at the beginning of the coronavirus pandemic, the federal government extended the tax filing deadline to July 15, 2020, without penalties. That means that instead... View Article

Things You Can Do to Make Filing Taxes Easier for Your Small Business

February 29, 2020

As the owner of a small business, tax season is likely a stressful time for you. When you have so many other things to do to run your business, having to deal with all the tax paperwork can be at best an inconvenience, and at worst make it difficult to focus on other aspects of your company. Even if you’re not working with a tax preparation specialist (and you should probably consider doing so), there are still some things you can do throughout the year to make tax season much easier on your company. Here’s a quick overview of some... View Article

What Should I Bring to My First Appointment with a Tax Prep Specialist?

December 5, 2019

Scheduling an appointment with a qualified specialist who provides professional tax preparation in Union City, NJ is the first step to making your life so much easier come tax season. At this appointment, you’ll discuss your financial situation and tax history and determine any strategies as needed to help you save money on your taxes. You’re going to need to bring some documentation to your first appointment. Every taxpayer’s situation is different, but here are a few examples of some of the most common items your tax prep specialist will want to see: Tax returns for previous years: It’s a... View Article

Tips for Choosing a Professional to Handle Your Tax Preparation in Union City, NJ

November 13, 2019

There are certainly plenty of people who do their own taxes every year, but if you hope to get the best results out of your tax preparation and return, you are best off seeking the assistance of a skilled professional. The more complicated your tax return, the more likely it is that you will make a mistake or, at the very least, fail to find and take advantage of every opportunity you have for savings. Here are just a few tips to help you choose a professional to assist with your tax preparation in Union City, NJ: Background research: Your... View Article

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