Do you have yet to meet the upcoming deadline to file your taxes? Whether you have a simple 1080, or a batch of complex taxes for your business or company; the experts at Sterling Accounting are looking forward to helping you!
Tag: sterling accounting
IRS Outsourcing Debt Collection A Fraud Risk?
A change in IRS procedures are raising the alarm for many, warning of the risks that could arise from the outsourcing of debt collection. Get a rundown of the new regulations that could allow for collection agencies working for the IRS to begin making phone calls…
First Time Filing Those Taxes? What Do You Need To Know?
Tax time doesn’t need to stress you out at night… get the professional help of Sterling Accounting’s experts and rest easy! With only a few days before the tax deadline, what do you need to know if you’re a first timer at filing those taxes?
“If you’re filing as single or married filing jointly with no dependents, you intend to claim the standard deduction (meaning you’re not itemizing your deductions) and your income consists only of wages, salaries, and tips; taxable interest of less than $1,500…” [ Read more here ]
Tax Deadline Is Right Around The Corner! Talk With Sterling Accounting Today!
Sterling Accounting is your one stop shop for cutting through the mess of paperwork, account management, payroll, and the dreaded tax time. Get the financial experts on your side and open up time to focus on extending the horizon’s of your business!
Follow Sterling Accounting on Twitter for the latest news and updates.
IRS Changing Up Procedures For Changing Accounting Method
New IRS reporting rules will be taking affect for many businesses around the country, the proposal is slotted to begin at the end of this year.
“The Internal Revenue Service is proposing procedures for how a taxpayer can ask for automatic consent to change an accounting method in preparation for the Financial Accounting Standards Board’s new revenue recognition standard…” [ Read more here ]
Is That Big Tax Refund Not Such A Great Thing?
So you’re about to land that huge refund check you’ve been waiting on all year, time to put that money to work, what could be the problem?
“Here’s the bad news: If the IRS sends you a huge check this spring, it means you’ve likely overpaid on taxes throughout the year…” [ Read more here ]
Stock Market Trends During Tax Season
After reaching record numbers, the stock market has taken a small hit; but haven’t we seen this before? Research shows that tax time has a predictable affect on the stock market year after year.
“The usual explanation is that investors withdraw money to pay taxes. The good news is that the market tends to rebound immediately in the two weeks after April 15 (Tax Day is April 18 this year), with several sectors showing notable gains…” [ Read more here ]
Five States Your Taxes Go The Furthest
There is no escaping your federal taxes, unless you want an unfriendly visit from the IRS. But there are states where you tax money goes further thanks to differing laws regarding state tax…
“While the federal tax code is uniform across the nation, state and local taxes vary widely. Seven states boast no personal income tax at all: Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming…” [ Read more here ]
Accounting Services With Your Business In Mind
Sterling Accounting is your answer to opening up the time you need to focus on building your business, by allowing the professionals to worry about the hassles of accounting and bookkeeping. Follow Sterling Accounting on Google+ today and keep up with the latest news and updates.
IRS Scammers Targets The Wrong Victim – A Police Officer
A Wisconsin police officer had to do a bit of patrolling outside his usual beat, thanks to an internet scammer with a target on his taxes. Luckily for the rest of us, he knew just how to handle the situation…