The Form 5500 series concentrates on your employee benefit plans. Returning the annual report with the Depart of Labor is mandatory through the Employee Retirement Income Security Act of 1974. Preparing your form is based on many contributing factors. Who is required to File Form 5500? Knowing if you are required to file is the […]
tax professional
Get Ready for Tax Season with these Tips!
Tax guidelines and rules change yearly. Preparing for tax season in advance will help your firm, non-profit, or business file an accurate return. Preparing for tax seasonshould be an everyday occurrence. Avoiding the last minute rush to find the right documents will aid in a stress-free tax preparation.3 Tips to Help You Get Ready for […]
Assisting your Senior Parent with their Tax Filing
The aging baby boomer generation means many adult children are taking on new roles of caring for their parents. During tax season, assisting aging parents is crucial for accurate returns. If your parent is already using a tax professional, discuss the types of documents you may need to help at tax time. Identifying the required […]
How to Choose a Tax Return Preparer
Tax return preparation is a complicated and lengthy process. That’s why so many people decide to hire a professional tax return preparer for assistance along the way. But how do you choose the right one? Since you are the only one who is legally responsible for filing your proper and accurate tax return, it is […]