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What is Bookkeeping?

By ndeters | December 31, 2024

In simple terms, bookkeeping is organizing financial the financial transactions that occur in a business.

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Taxpayer Advocate Identifies Top 10 Problems with Agency

By ndeters | January 17, 2024

National Taxpayer Advocate Erin M. Collins released her 2023 Annual Report to Congress on January 10. The

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January 29 is the Official Start of Tax Season

By ndeters | January 9, 2024

The IRS will begin accepting and processing tax returns on Monday, January 29, 2024 The

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New Tax Brackets and Standard Deduction for 2024

By ndeters | December 7, 2023

The IRS announced the higher limits for the federal income tax brackets and standard deductions in

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Deducting Vehicle Expenses

By ndeters | May 25, 2023

Actual Expenses vs. Standard Mileage Rate If you use your car for business purposes, you

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Supreme Court Allows IRS to Access Bank Records Without Notice

By ndeters | May 23, 2023

In a 5-4 decision, the Supreme Court ruled on May 18, 2023 that the IRS

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