IRS Taking New Steps To Collect Old Debts

The IRS is stepping up their battle to collect back taxes from those who owe more then $50,000 – by taking away their passports.

“Under a new law, the Fixing America’s Surface Transportation Act, or FAST Act, the IRS is required to provide a list of people who owe back taxes to the U.S. State Department, which can deny, revoke or limit the ability of these individuals to use their passports…” [ Read more here ]

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Are Your Friends Leaving Your Pockets Light?

Getting your finances in order is the first step to feeling secure and accomplished in every day life. The elite accounting services from the professionals at Sterling Accounting can help you get there!

Are your friends leaving your pockets lighter? Check out these seven signs that your friendship is costing you big time. “Most of us have at least one friend who always pushes our financial limits – whether they know it or not. But it’s not always because…

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Why You Should Be Outsourcing Your Payroll

Small business payroll overwhelming most of your work day? The elite team at Sterling Accounting can help you find relief! There are a number of reasons all small businesses should consider outsourcing their payroll and other accounting duties:

“According to a TD Bank survey, 43 percent of small businesses have at least one employee. So business owners need to focus more on improving their payroll management. A simple way to do this may be by outsourcing…” [ Continue reading »

Are You A Parent? Check Out The Need To Know Tax Breaks!

It’s tax time! And if you’re a parent, there are some great tax breaks that you need to know about before filing.

“The average cost to raise a child to age 17 is a whopping $245,340 for a middle-income couple, according to the US Department of Agriculture. But thankfully during tax season, parents can get a bit of relief with some tax breaks….” [ Read more here ]

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