If you’ve missed the official deadline to pay your taxes, don’t stress. Getting back on track with your taxes is, in many cases, simpler than most people think. Whether you owe individual taxes or taxes for your small business, the easiest solution is to pay your taxes as soon as… [Read more]
How to Handle a Misclassification Audit
Any company that utilizes both W-2 employees and 1099 independent contractors must be vigilant in classifying them correctly for tax purposes; as an employer, you are responsible for withholding and remitting employment taxes for the former group, but not the latter. Failure to properly classify your workers into their correct… [Read more]
Hiring Your First Independent Contractor: What You Should Know
As a small business owner, you have a dependable team of employees to handle the bulk of your work, but occasionally you need to reach out to a third party for assistance with special projects or insights. These third parties, known as independent contractors, are fantastic for solving short-term issues… [Read more]
Removing a Federal Tax Lien
You’ve owed the IRS back taxes for some time and now a lien has been placed against your assets and property. What does this mean? If you’ve been hit with a federal tax lien, it’s important to know what you’re dealing with, so you can make the necessary preparations. Here… [Read more]
The 4 Types of IRS Audits, and How to Navigate Them
The audit process begins when the IRS requires more information about your tax return, but what happens after that all comes down to the type of audit you’re getting. There are four varieties of audit, depending on the seriousness of your case, and they range from a mailed request for… [Read more]
The IRS Audit Process: What to Expect
You’ve just found out you’re being audited by the IRS, and you’re probably feeling overwhelmed. Fortunately, at Milikowsky Tax Law, we know that having a clear idea of how an audit works greatly improves your chances of it going smoothly. We’ve answered your top three questions about what to expect… [Read more]
When Can the IRS Come After a Business Personally?
Tax season can be an impersonal, bureaucratic nightmare for many business owners. But there’s a personal side to taxes, too. That’s because when you’re a business owner, there can be a high level of personal risk involved. Your time, energy, and money all go towards keeping your business afloat, and… [Read more]
5 Tax Tips for New Entrepreneurs
It’s never too early to get a head start on planning your taxes — especially if you’re an entrepreneur starting a business of your own. Taxes for entrepreneurs work differently than those for full-time employees receiving annual W-2 forms from their companies. There’s never a good time to be audited… [Read more]
The Top 5 Ways to Reduce Your Risk of a Tax Audit
If there is anything business owners dread more than tax season, it’s being audited by the IRS. There are many reasons why the IRS or the state may come knocking on your door for an audit. These reasons can include: Accidentally (or deliberately) fudging a figure: Taxation software has made… [Read more]
Can’t Afford Your Tax Burden? Here’s What to Do
Come tax season, many individuals and businesses find that they are unable to pay their full tax burden on time. Despite how common this predicament is, a sizable portion of taxpayers don’t know what options are available in these circumstances. In order to best resolve outstanding debts and keep from… [Read more]
- 1
- 2
- 3
- …
- 6
- Next Page »
