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TAX RESOLUTION BY: DORIT DIMAND
WHAT IS TAX RESOLUTION? Tax resolution is the process of resolving tax debts owed to the government. It involves negotiating with the Internal Revenue Service (IRS) or state tax authorities to settle tax debts, reduce the amount of taxes owed, or establish a payment plan to pay off the debt over time.
STRATEGIES TO PROTECT INCOMES FROM TAXES
Protection of incomes from taxes refers to employing legal strategies and techniques to minimize the amount of tax an individual or business is required to pay. The objective is to legally reduce the tax liability by taking advantage of tax deductions
GARBAGE IN – GARBAGE OUT, BOOKKEEPING!!!
You may have a great bookkeeper who is entering all business transactions to your QuickBooks file and even able to easily reconcile everything with your bank account transactions. Does it mean that your Profit and Loss and Balance Sheet statements are accurate for tax purposes?
