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Read our latest blog posts and get detail insights on Taxation matters.
When starting a new business, one of the most critical decisions you’ll make is choosing the right business structure. Two of the most popular options for small business owners are the Limited Liability Company (LLC) and the S Corporation (S-Corp). Each offers unique tax benefits, ownership flexibility, and legal protections. In this guide, we’ll...
Running a small business means wearing many hats, and tax time can be especially overwhelming. While most business owners are aware of the big deductions—like office rent and employee wages—many valuable deductions go unclaimed every year. Overlooking these can mean paying more tax than necessary. Here are the top 7 tax deductions small business...
The IRS’s authority to seize funds from a joint bank account when only one account holder owes back taxes is governed by several provisions of the Internal Revenue Code (IRC), Treasury Regulations, and case law. Below is a comprehensive analysis of the legal basis, determination of ownership, and remedies available to non-liable account holders, including...
LT11 vs. Letter 1058 If you’ve received a Final Notice of Intent to Levy from the IRS—either an LT11 or a Letter 1058—you’re facing a critical moment in the tax collection process. These notices are not routine reminders; they are formal warnings that the IRS is preparing to seize (levy) your property to collect...
Accu-tax is your trusted partner for professional tax preparation & accounting services in Largo and the surrounding Tampa Bay area. We help individuals and businesses navigate their financial needs with expertise and personalized solutions. Contact us today for expert tax and accounting support.
Accu-tax is your trusted partner for professional tax preparation & accounting services in Largo and the surrounding Tampa Bay area. We help individuals and businesses navigate their financial needs with expertise and personalized solutions. Contact us today for expert tax and accounting support.