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IRS Offers Helpful Info for Starting a Business

IRS Offers Helpful Info for Starting a Business

by Edmonds Income Tax Service Inc | May 8, 2022 | Tax Tips and News

It’s National Small Business Week, and this year’s theme is “Building a Better America Through Entrepreneurship.” Fittingly, the Internal Revenue Service is observing the occasion by providing free, tax-related resources to entrepreneurs entering the big...
Small Business Deductions for TY 2022

Small Business Deductions for TY 2022

by Edmonds Income Tax Service Inc | May 8, 2022 | Tax Tips and News

With the deadline for filing individual tax returns come and gone, tax professionals everywhere are enjoying well-earned downtime. However, taking a little time with business-return clients to get a jump on planning for next filing season could bring unexpected...
Tax Tip Highlights Taxpayers’ Right to Challenge IRS Position

Tax Tip Highlights Taxpayers’ Right to Challenge IRS Position

by Edmonds Income Tax Service Inc | May 1, 2022 | Tax Tips and News

Taxpayers may not be aware, but they have rights when it comes to working with the Internal Revenue Service. The Taxpayer Bill of Rights lists 10 fundamental tax-related rights, ranging from the right to be informed to the right to a fair and just tax system. The IRS...
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