Blog & Articles
POLARIS TAX & ACCOUNTING
Tax Preparation Tips for Family-Owned Businesses
Family-owned businesses face unique tax situations, from payroll considerations to shared expenses. Polaris Tax & Accounting specializes in navigating these complexities, making tax season easier for families in business together. Here are some tax tips
How Recent Tax Law Changes Could Impact Your Tax Filing
Tax laws change frequently, and recent adjustments may affect your tax return this year. Polaris Tax & Accounting stays on top of these updates, so you don’t have to worry about surprises. Here are a
A Guide to Organizing Your Documents for Tax Season
One of the biggest tax season stressors is organizing and gathering documents. At Polaris, we simplify this process through our advanced TaxDome system, which tailors an organizer to your unique filing needs. Here’s a guide
Avoid These Common Tax Filing Mistakes
Tax season can be overwhelming, especially for those filing independently. While DIY tax filing is possible, it’s easy to make costly mistakes that can lead to penalties, missed deductions, or delays in processing. At Polaris
Top Tax Deductions for Small Business Owners to Maximize Savings
Tax season can be an opportunity for small business owners to uncover valuable savings. Knowing which deductions to claim can make a significant difference in your tax bill, freeing up resources to reinvest in your
Essential Tax Tips and Updates for 2024: Maximize Your Deductions
As the year comes to a close, it’s the perfect time to start thinking about your tax strategies for 2024. From recent tax law changes to the most effective deductions and answers to common tax
August 2024 Newsletter: Tax Tips from Polaris Tax & Accounting
Polaris Tax & Accounting Newsletter - August 2024 Maximize Deductions on Long-Term Care Insurance Premiums Long-term care costs can be a significant burden, and traditional Medicare or Medicaid often fall short in providing comprehensive coverage.
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