by mariettacp | Jun 26, 2023 | Accounting News, Tax Tips
Provide clarity and avoid scope creep with a carefully drafted engagement letter This discussion focuses on how and why to use engagement letters and what they should cover. The primary purpose of using a letter to define a professional relationship is to ensure that...
by mariettacp | Oct 12, 2017 | Tax Tips
If you receive a notice in the mail from the IRS, don’t panic. A simple notice does not automatically mean you are under an audit. Actually, your chances of audit are slim. However, the content of the notice is still important. Most IRS notices require a response...
by mariettacp | Oct 10, 2017 | Tax Tips
You open the mailbox, sort through your mail and toss the junk aside. Then, in big bold letters, you see the three scary letters – I-R-S. Last year, more than 1.6 million taxpayers received similar notices from the IRS. While most notifications are due to math errors,...
by mariettacp | Jul 17, 2015 | Accounting News, Bookkeeping, Money Tips, Payroll, Tax Planning, Tax Preparation, Tax Tips
The IRS website contains useful information on how to avoid becoming a victim of identity theft, plus steps to take if you do become a victim. Here are the warning signs that you may have had your identity stolen: The IRS notifies you that more than one tax return was...
by mariettacp | Jan 23, 2015 | Accounting News, Bookkeeping, Money Tips, Payroll, Tax Planning, Tax Preparation, Tax Tips
Who have you designated as beneficiaries for your insurance policies and retirement accounts? If you can’t remember, you’re not alone. But it’s worth checking. If you make the wrong decision, it could affect who inherits those assets. In some cases,...
by mariettacp | Sep 17, 2014 | Accounting News, Bookkeeping, Money Tips, Tax Planning, Tax Preparation, Tax Tips
Starting and running a business is rarely a safe or simple process, and doing so with one’s spouse creates an additional layer of complexity. Whether that complexity will have a positive or negative effect depends on several factors. Here are some of the...
