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POLARIS TAX & ACCOUNTING
July 2024 Newsletter: Tax Tips from Polaris Tax & Accounting
Polaris Tax & Accounting Newsletter - July 2024 Maximize Your 2021 Self-Employed COVID-19 Sick and Family Leave Credits Today Were you self-employed during 2021? You might qualify for COVID-19 sick and family leave credits worth
June 2024 Newsletter: Tax Tips from Polaris Tax & Accounting
Polaris Tax & Accounting Newsletter - June 2024 New Crypto Tax Reporting Rules Are Here If you invest or trade in Bitcoin, non-fungible tokens (NFTs), Stablecoins, or other digital assets, prepare for new tax reporting
Engagement Letter for Individual Income Tax Returns
Thank you for choosing Polaris Tax & Accounting to assist you with your taxes. This letter confirms the terms of our engagement and outlines the nature and extent of the services we will provide. Scope
Embracing Technology Without Losing the Personal Touch at Polaris Tax & Accounting
At Polaris Tax & Accounting, we understand the importance of maintaining a personal connection with our clients. Our commitment to delivering top-notch service has never wavered and we want to address some common concerns and
April 2024 Newsletter: Tax Tips from Polaris Tax
Tax-Saving Tips April 2024 Transform Your Vacation into Tax-Deductible Business Travel with Polaris Tax & Accounting Discover the secret to turning your next vacation into a savvy tax-saving opportunity with Polaris Tax & Accounting. With
Understanding IRS Tax Monitoring Services
Understanding IRS Tax Monitoring Services What Is IRS Tax Monitoring? IRS Tax Monitoring is a systematic and comprehensive review of your IRS Tax Account. It involves monitoring your tax history, ongoing filing activity, and any significant changes
Tax-Saving Tips December 2023
New FinCEN Filings Go into Effect on January 1 Effective January 1, 2024, the Corporate Transparency Act (CTA) brings forth significant changes for established businesses, mandating a fresh federal filing obligation. This applies to most
Asheville, NC Small Business Tax Prep: 2023 Savings Tips
Maximize Your Tax Deductions: Tailored Small Business Tax Preparation Services in Asheville, NC Unlock significant tax savings with our expert tax preparation services for small businesses in Asheville, NC. Discover strategic tips and insights to
Plantation, FL Tax Services: CTA Compliance Made Easy
Explore top-notch tax preparation services for small businesses in Plantation, FL. As of January 1, 2024, the Corporate Transparency Act (CTA) impacts corporations, limited liability companies, and limited partnerships. By December 31, 2024, non-exempt business
When to know you are ready to transition from just bookkeeping to a year-round tax planning service?
In our article: Bookkeeping Services for Small Businesses we discussed how outsourcing your business Accounting and Tax reporting to a professional firm can result in significant benefits beyond just saving time and reducing stress. In
The New W 4 Form
The IRS has released a new W 4 form starting in the fiscal year 2020. The change was needed to account for the removal of Personal Exception implemented from the Tax Cuts and Jobs Act
Chart of Accounts: The Ultimate Guide with examples
The Chart of Accounts is one of those unknown parts of your accounting software we don’t even think about. What most entrepreneurs don’t realize is that the chart of accounts represents the foundation of your
Bookkeeping Services for Small Business
According to a survey conducted by SCORE, most small business owners spend at least $1,000 per year on accounting administrative costs. Survey after survey, highlight how bookkeeping continues to be the least favorite activity by
Virtual Tax Preparation the easy way
A recent survey by Nerdwallet shows that more than 1 in 3 U.S. taxpayers whose household income is less than $50,000 a year hired a tax professional to assist with the preparation of their Income
12 Ways to Pay Less in Taxes and Save Money
When we meet with new clients and business owners, we often hear that their major priority is to find ways to pay less in taxes and save money for other initiatives including growing their business,