by GruffyGoat Team | Apr 29, 2014 | Uncategorized
IRS notices can look scary, but you shouldn’t stress out if you receive one. The IRS sends notices for a variety of reasons, and as long as you respond as directed, there’s no cause for alarm. In its Tax Tips newsletter, the agency offers insight into...
by GruffyGoat Team | Apr 25, 2014 | Uncategorized
You don’t have to have a certification to be a tax preparer. All you need to do is hang your shingle, convince people to hire you, and start collecting payments. There are tens of millions of uncertified tax preparers, and those people don’t always know...
by GruffyGoat Team | Apr 23, 2014 | Uncategorized
After the rush to get your tax return completed and sent in, you may have realized you made a mistake. You can correct that mistake by filing an amended return. The IRS recently sent out a bulletin with facts and tips on filing amended returns. Here’s...
by GruffyGoat Team | Apr 21, 2014 | Uncategorized
If you’re an entrepreneur, chances are that at some point you’ll find yourself needing some money. Maybe you need to invest in equipment that will help you deliver more product to more customers, maybe you need to hire help, maybe things are just...
by GruffyGoat Team | Apr 15, 2014 | Uncategorized
The IRS recently issued a statement with information on the tax implications of using Bitcoin and other virtual currencies. The notice explains that virtual currency is treated as property for U.S. federal tax purposes. So general tax principles that apply...
