Who is a registered agent? Registered agent Most states require business entities to have registered agents. Registered agents can be individuals or other businesses. What is a registered agent service? A registered agent is a responsible third party who is registered and is present in the same state in which a business entity was established.Read more about Who is a registered agent?[…]
How to file an amended tax return? After filing your tax return, you may have either missed including certain expenses or found errors on the filed return. This may include deductions, income, credits, dependents etc. A form 1040 X needs to be completed and filed with the Internal revenue service within : 3 years fromRead more about How to file an amended tax return?[…]
What are Health Savings Accounts (HSA) ? Health savings accounts are savings accounts that allow you to contribute pre-tax dollars to pay for qualified medical expenses. Overall healthcare costs can be lowered if they are used to pay for deductibles, co-pays and coinsurance amounts. You can contribute towards HSA only if you have a HighRead more about What are Health Savings Accounts (HSA) ?[…]
Is an LLC a corporation? What is the difference? LLC is a limited liability company. Corporation can be either a C Corporation or a Sub-chapter S Corporation. Both LLCs and Corporations are legal entity structures. They provide limited liability protection and protect the owners/shareholders from being personally liable to business debts. The main differences betweenRead more about Is an LLC a corporation? What is the difference?[…]
IRS where’s my refund Are your IRS refunds getting delayed? Below is the link to access and retrieve your refund information : IRS where’s my refund
Which is the best tax business entity structure for your eCommerce business? With the new changes in the tax law, there are many options available for eCommerce business. It may be quite confusing trying to understand the advantages and disadvantages of various forms of tax business structures. Below are the most common tax businessRead more about Which is the best tax business entity structure for your eCommerce business?[…]
How to write off bitcoin losses on your tax returns? Have you incurred losses with your bitcoin transactions? The IRS has made it mandatory to track all bitcoin transactions irrespective of value. Therefore all individual taxpayers are required to keep track of buying/selling of bitcoins even if it relates to purchasing goods or servicesRead more about How to write off bitcoin losses on your tax returns?[…]
