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Bookkeeping Definition, Types and Importance of Bookkeeping

While only 30% of small businesses surveyed reported working with an accountant, those who do cite accountants as their most important advisors. When deciding whether you should hire an accountant vs a bookkeeper, the answer will depend on what kind of help your business needs. Most importantly, your accountant is a valued accounting and bookkeeping… Continue reading Bookkeeping Definition, Types and Importance of Bookkeeping

Filing Past Due Tax Returns Internal Revenue Service

You can request a transcript of the tax information the IRS has on file for you for any given year in the last 10 tax years by filing Form 4506-T. You will receive information found on forms such as W-2s, 1099s, and 1098s. You won’t receive information about deductions and credits you may qualify for,… Continue reading Filing Past Due Tax Returns Internal Revenue Service

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