Monthly Archives: May 2016

Tax tip-Credit Card Statements

Did you know credit card statements will not suffice for business tax deductions? Why?  A credit card statement does not provide enough detail of what was purchased or indicate whether an item was for business or personal use. Ensure to keep … Continue reading

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Delinquent Employment Taxes

The IRS is taking steps to collect from the delinquent taxpayers by implementing new programs.  First of these programs is called the “903 Letter”.  The letter is sent to a delinquent taxpayer for each quarter employment taxes are not paid, … Continue reading

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