Things are going great and everything is well, till you see the letter in the post. So you see a piece of mail with a rubber stamped IRS, and you know right away that this isn’t going to be good!  After you begin reading it you get into the subject material, and you see that you are obligated to pay taxes to the administration from a period 24 months earlier!  Where do you turn, and how can you overcome it, as you are currently broke!?! There are actually remedies that you can use, however, none of these will be easy! When dealing with tax debts, you need to tackle them…

Learn all about International taxation today in this very article!  In today’s world, there are many people that are running their businesses in very different ways as compared to how they did it in the past. The world has become a global village, and international businesses continue to thrive. Business returns often attract tax obligations to the government that they reside in. You will have to follow this rule, and do the same when operating in a foreign country. In this case, you will pay taxes to the new country. When operating in a new country; you will have to pay taxes within their legislation and their various aspects of…

Big firms are generally far better at managing their finances than are the small businesses. That is because it usually takes very knowledgeable accountants or CPAs to proficiently audit a company. However, if you are a small business owner without a full time CPA, here are the best 7 “tricks” small businesses can use to run their finances well! 1. Set longer A/P payment terms. During the last Recession, several massive firms unilaterally extended their payments to their vendors. They extended the times by that they’d pay their bills to sixty or ninety days. whereas it’s vital to pay vendors among the agreed-to terms, attempt to hash out longer payment…