Adopt Sheldon Bookkeeping’s six-point strategy to tackle your overdue tax filings and embrace proactive record-keeping to stay ahead of the game! Keeping your books updated regularly not only guarantees precision but also prevents year-end pandemonium. Don’t allow disarrayed records to impede your progress. Let’s get you up to speed while you pledge to maintain consistent…
Here are important dates for taxpayers to keep in mind in 2024: January 18: Final estimated tax payment for 2023 is due Late January: The IRS begins processing 2023 tax returns (probably around January 21). April 15: Filing deadline for 2023 taxes. The first estimated tax payment for tax year 2024 is due. June 17:…
We have added a new pafe here on the website about our Tax Planning service, which is included with our bookkeeping service. We believe that the time to handle your taxes is throughout the year, not just at the time when you write out your check when you file your annual tax forms. Let us…
A news story from ABC7 in Sarasota, Florida reports a woman that operated a restaurant no faces sentencing for fraudulent reporting of income through the Point of Sale System. Apparantly, for years the credit card sales were run through the system. but cash sales were deleted and not reported. The IRS claims over $100,000 in…
What it costs you to have a home office is a legitimate and deductible expense on your taxes. Many small businesses operate out of a home office – it’s quite vogue to do so. The IRS is not your enemy. They provide much free information about how you can take advantage of this deduction. To…