Tax Problems - TNT Accounting Services, LLC

Tips For Tax Reduction For Businesses

Accounting for Small Business, Income Taxes, Tax Problems

We’re always looking for ways to reduce the amount of tax we pay. Businesses were hit so hard during the COVID-19 pandemic, and many had to pivot and make changes that wouldn’t have initially been on the horizon for them. You likely wear many hats, and the last thing...

New 1099 Form Rules

Accounting for Small Business, Income Taxes, Tax Problems, Uncategorized

It’s important to keep up to date with new tax rules when they are brought in by the IRS. One of these is the 1099-MISC form. Traditionally this has been used to report contractor income. But now businesses will have to use the 1099-NEC form (it is short for...

Tax Planning Is a Wise Investment

Accounting for Small Business, Income Taxes, Tax Problems

Taxes are such a normal part of life that at some point you may overlook them until it’s time to file your return. That’s particularly true this year with the Covid-19 pandemic still affecting many of us and it may not be high on our priority list. During this busy...

Prepare Your Tax Return BEFORE the Tax Deadline

Accounting for Small Business, Income Taxes, Tax Problems, Uncategorized

We’re only a couple of months away from the tax deadline and now is the perfect time to start getting all your paperwork organized so you have everything in order when it comes to getting your taxes done. The Internal Revenue Service (IRS) reports that more than 80...

Experiencing Payroll Problems?

Tax Problems

Are you experiencing payroll tax problems in your business? Did you know that you have RIGHTS when trying to resolve tax issues with the IRS? Well, you do. They are called the Taxpayer Bill of Rights. The Right to be Informed The Right to Quality Service The Right to...

TNT Accounting Services, LLC Newsletter

Seeing Inside the Mind of the IRS- Using the IRS Audit Technique Guidelines (ATGs)
If you face an audit, it's worth reviewing the IRS's Audit Techniques Guides published on the IRS website. These are guides that instruct auditors how to handle tax issues for many different business fields,
Tax Tips to Aid in Retiring Early
In an effort to assist in planning for retirement, there are a number of provisions in the tax code that benefit those who wish to retire early. Here are a number of tips.