Tag: business taxes

does your state have an inheritance tax- sterling accounting

IRS Issues Relief For Estate Tax Trap For Surviving Spouses

does your state have an inheritance tax- sterling accountingThe IRS has come to a ruling in their efforts to protect surviving spouses from an estate tax trap by overlooking regulations.

“Congress added portability to the estate tax law when it settled on a “permanent” exclusion of $5 million per person (indexed for inflation) and a flat tax rate of 40%, effective 2011. It lets a surviving spouse essentially carry over any unused portion of the deceased spouse’s exclusion…” [ Read more here ]

Leave Your Business Payroll Needs To Sterling Accounting

Payroll mistakes can cost your business big – and more than just monetarily. Let the professionals at Sterling Accounting handle your books and avoid devastating errors…

“Failure to comply with payroll laws can cause increased scrutiny from government agencies, penalties, fines and – in extreme cases – imprisonment. Employee goodwill also could be lost, as workers quickly tend to become disillusioned by payroll mistakes…” [ Read more here ]

Is It Too Late To File Those 2016 Taxes?

Is it too late to file those 2016 taxes? What will your penalties be if you haven’t filed an extension?

“If you’re owed a refund, you can still claim it, and if you owe the IRS money, they’ll still be glad to receive it. However, the financial implications of filing late depend on whether you owe the IRS money or not, and if you had a legitimate reason for not filing before the deadline…” [ Read more here ]

The trusted tax services at Sterling Accounting will take away your tax season stress.

It’s Never Too Early To Start Thinking About Your 2017 Taxes

I know… the last thing you want to start thinking about again are next years taxes after just filing your 2016. Let the worry subside and get the help of Sterling Accounting to handle all your tax needs.

“You may think it’s too early to start thinking about your 2017 tax return, but in fact, planning right from the beginning of the year gives you the greatest opportunity to save money on your taxes…” [ Read more here ]

What Do Americans Think Of Taxes?

Taxes are an undesirable but necessary evil in life. But working your way through the paperwork is only the first offense – what do Americans think of how much they are paying out every year?

“In a broad sense the majority of Americans don’t find the tax system fair with 56% describing it “as either not too fair (29%) or not fair at all (27%).” Only 2% consider the system “very fair,” while 40% think it’s “moderately fair…” [ Read more here ]

Business Solutions To Ease The Office Work

Take the focus and time spent off of the remedial tasks of tracking and managing payroll, and let that time help you build your business’s success. The experts at Sterling Accounting can handle the books for you! From the largest business to a living room operation, Sterling Accounting has business solutions for all!

Contact their offices today for the solutions your business needs!