Your mail and email inbox has likely been cluttered with various tax documents from 2021. Specifically, all W-2 forms, which outline your annual income, must be sent to you by the end of January so that you are able to complete your individual taxes by the April 15th deadline. It is time to think about preparing and filing your taxes. If you are looking for help with the tax preparation process for your 2021 taxes, Havig Tax & Consulting can help
Choosing someone to work with your company on your taxes can be difficult and even intimidating. After all, you are hiring someone to help you with your taxes, and the whole reason you need tax help is because you likely do not know how to do it yourself. In that way, it is similar to hiring an auto mechanic to fix your car. Your tax accountant (and your auto mechanic) have very different skill sets than you do, so you have to quickly develop a level of trust in order to work together. Here are some tips for choosing a tax accountant that will work well with you:
Every year when you submit your taxes, you likely think something along the lines of – I hope this is not the year that I get audited. Individual returns and business returns can be audited by the IRS, but you should keep in mind some simple facts:
We all know that the deadline to file annual taxes is April 15th. It comes around each and every year along with, for many, a scramble at the last minute to prepare and file. Whether you are working on your personal income taxes or taxes for a business, tax planning is a huge part of tax preparation that can have a significant impact on the annual process. Tax planning requires that you take a step back from the push to meet the April 15th deadline and think about your income
Making decisions about human resources can be some of the most difficult decisions for your business. Hiring is a huge commitment and investment, and it can be difficult to predict just how an employee will integrate into your work environment. One option that you might not have considered is the possibility of outsourcing certain functions of your work so that you do not have to worry about the human resource management. Havig Tax can take the bookkeeping, accounting and payroll functions off of your plate so that you can focus on other aspects of growing your business. This option gives you the most qualified person and will save you money and time!
This has been a challenging year for many local businesses. COVID-19 has forced many businesses to change the way that they do business, relying on online and virtual services rather than in person sales and service. With this change has come stress, strain and uncertainty for many. Havig Tax & Consulting has partnered with many area businesses to offer bookkeeping support services that can help you navigate this trying time. Our team understands the stress that 2020 has brought and we will help you make sound financial decisions as you navigate this time and find your way forward. Making a mistake on your taxes for 2020 can be a BIG deal for any business