Discover How Offers in Compromise Can Transform Your Financial Future
HRSS CPAs Blog
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3d ago
An Offer in Compromise (OIC) is a program offered by the Internal Revenue Service (IRS) that allows taxpayers to settle their tax debts for less than ..read more
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Revealing Financial Rewards: The Ultimate Guide to Tax Benefits for Childcare Providers
HRSS CPAs Blog
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3d ago
Childcare providers play a crucial role in supporting families and the economy by offering essential services that allow parents to work or pursue edu ..read more
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Video Tips: Are Hobby Losses Tax Deductible?
HRSS CPAs Blog
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3d ago
The IRS has hobby loss rules to determine whether an activity is a hobby or a business. Watch this video to learn more ..read more
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Snails in Skyscrapers and David Beckham: The Strangest Tax Avoidance Schemes in History
HRSS CPAs Blog
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3d ago
Tax avoidance is as old as taxes themselves. Discover the strangest tax avoidance schemes in history that have left tax authorities scratching their h ..read more
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How Qualified Small Business Stock Can Maximize Your Investment Returns
HRSS CPAs Blog
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3d ago
The Internal Revenue Code (IRC) Section 1202, often referred to as the Qualified Small Business Stock (QSBS) provision, offers a significant tax incen ..read more
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Succession Planning for Baby Boomer Business Owners: Ensuring a Smooth Transition
HRSS CPAs Blog
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2w ago
Discover essential steps for Baby Boomer business owners to ensure a smooth transition of leadership. Learn about succession options, legal considerat ..read more
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Navigating the Corporate Transparency Act: Essential Insights and Compliance Reminder for SMBs
HRSS CPAs Blog
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2w ago
Stay informed about the Corporate Transparency Act's latest insights and compliance requirements for small and medium-sized businesses. Learn what ste ..read more
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The QuickBooks Desktop Phase Out: How QuickBooks Online Will Future-Proof Your Business
HRSS CPAs Blog
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2w ago
QuickBooks Online is the perfect solution for most businesses amid the news that QuickBooks Desktop will be largely phased out in 2025. Learn more ..read more
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October 15, 2024, Extension: What You Need to Know Now
HRSS CPAs Blog
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2w ago
It is crucial to understand that the October 15 tax filing deadline is final. The IRS does not offer any further extensions beyond this date. If you h ..read more
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Emirates' Tax-Free Salary Offer: Too Good to Be True, or the Ultimate Career Perk?
HRSS CPAs Blog
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2w ago
If you’ve ever dreamed of seeing the world on your employer’s dime, Emirates’ latest hiring blitz could be for you. But are their tax perks too good t ..read more
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