The most common types of income tax returns
Form 1040 (U.S. Individual Income Tax Return) (a.k.a. “the long form”)
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If IRS Letter arrives in the mail?
The IRS mails millions of pieces of correspondence every year to taxpayers for a variety of reasons. Below are some suggestions on how to best handle a letter or notice from the IRS:
How to properly use your sales tax
Businesses that register with the Department of Revenue to collect sales tax are issued a Florida Annual Resale Certificate for Sales Tax (Annual Resale Certificate). The certificate allows the business owners or their representatives to buy or rent property or services tax-free (when purchases or rentals will be resold or rented).
4 important bookkeeping tips for small business
Maintain regular records: If you keep regular, daily records of all transactions then you’ll have a much easier time of it when you need to do the end of accounting period.
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The purpose of our blog is to provide the latest information and changes referring to: Taxes, Bookkeeping, Payroll and General Accounting. We will also give you tips or information that can be really helpful for your business.
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Latest Post
Form 1099-K threshold limit reverts to $20,000October 31, 2025 - 1:58 am
Penalty relief for remittance transfer providers who fail to deposit excise taxOctober 31, 2025 - 1:55 am
Transition relief for 2025 for businesses reporting car loan interestOctober 31, 2025 - 1:54 am