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  For startup and entrepreneurial ventures, Limited Liability Company or LLC is a popular structure. It is estimated that more than 30 million LLCs are there in the USA currently. It provides limited liability to the owners of the business and the LLC company setup formed according to the Stat...

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  Being unemployed and furloughed stinks in several ways. With the COVID-19 pandemic, the situation is more serious. Also, to top it all, you have to file your tax. Don’t you feel it’s the worst? When your income drops down all of a sudden and drastically, the tax status may also change. H...

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  Coronavirus pandemic has panic-stricken the whole world. It has a deep impact on small businesses. Keeping these issues in mind, the federal government of the USA has extended the tax deadline for all. Several tax services Los Angeles mentioned that the decision comes as a sign of relief for...

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  Restaurants and concerts are not the only places that are off limits for coronavirus. In fact, visiting your tax professional is probably out of the question, too. Some states and localities have also imposed restrictions on social interactions as the number of COVID-19 cases is increasing t...

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  Whether you operate a sole proprietorship or a large company, keeping tidy financial records makes it much easier to file your taxes each spring. You also need to track invoices and payments in order to handle potential client disputes, issue refunds, and understand how to budget effectively...

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  An audit from the IRS is not only stressful, but also time-consuming, especially if your record-keeping is not up to par. Exercising restraint in writing off expenses and deductions and losses for 2019 can help you avoid the wrath of IRS. Seeking the help of a tax professional can lower your...

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  In today’s scenario where doing business has become stringent due to the mandatory requirement of complying with multiple and complex laws, taxation law is something you should outsource to an expert. Taxation laws not only in the US but all over the world are complex and not everyone’s ...

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Certain life happenings, such as getting married, will prompt you to change the tax filing status. While it may initially feel like a chore, it’s a straightforward process. Depending on your circumstances, married filing jointly or separately can save you money in the coming tax season. Your fili...

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  Bookkeeping is an important part of your business to help you keep track of your business objectives in order to stay in line with your long-term business goals. It is crucial to keep track of your cash flow, finances, taxes, and business health. Efficient bookkeeping services Beverly Hills h...

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Taxes are the result of your earnings or by generating wealth by running a business. Paying the taxes by an individual or an entity is mandatory by law, however, it is still a voluntary compliance. Payment of taxes can be done by planning or avoiding to the extent permissible by using the various t...

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