Why is My Tax Refund Delayed?
If you e-file your tax return, you can generally expect to receive your refund within three weeks of it being accepted by the IRS. Expect four or more weeks if you mail in your tax…
Read More...Alloy Silverstein’s articles and insights are updated weekly. Stay tuned for the latest tips and news on managing your business, the latest tax law, preventing fraud, preparing your taxes, and more.
If you e-file your tax return, you can generally expect to receive your refund within three weeks of it being accepted by the IRS. Expect four or more weeks if you mail in your tax…
Read More...Sometimes my clients ask me, why don’t my books equal my tax return? Here I have a sample partnership that sold something and had cost of goods sold, had some expenses, had some investment income,…
Read More...You may have heard people talk about cash versus accrual accounting, but what is it all about? Here is what you need to know. At its core, the main difference comes down to timing. Cash…
Read More...Let’s talk about deduction for Self-Employed Health Insurance. If you are self-employed, you can usually deduct the health insurance premiums that you pay for yourself and your family on your personal tax return. This is…
Read More...No one likes the stress involved when your tax return is under the audit spotlight. Here are some ideas as you prepare your return this tax season to help avoid some of the more common…
Read More...March 15th is the tax-filing due date for 2023 calendar year S corporations and partnerships. While this filing deadline does not require making a tax payment, missing the due date could cost you a hefty…
Read More...The beginning of a new year brings the need to recap the previous one for Uncle Sam. Here are some tips to get you organized. • Look for your tax forms. Forms W-2, 1099, and…
Read More...Annual contribution limits for 401(k) plans, IRAs, SIMPLE plans, and more have been increased. Now is the best time to plan your 2024 retirement contributions to take full advantage of this tax benefit. Here’s what…
Read More...