Good Sense Accounting home logo link

Posts in Taxes

empty
empty
empty
empty
empty

There are a few of dangerous tax myths for the Essential Oil Business.  If you follow the myths and are audited, you will find yourself in trouble. Myth #1…read more

DiggLinkedInAIMStumbleUponBookmark/FavoritesShare

empty
empty
empty
empty
empty
empty
empty
empty

In order to speed up the audit process and be more efficient, the Internal Revenue Service has been increasing the use of correspondence audits.  After two notices of the…read more

DiggLinkedInAIMStumbleUponBookmark/FavoritesShare

empty
empty
empty
empty
empty
empty
empty
empty

Exempt organizations are required to file with the IRS annually regardless of the amount of gross receipts they receive.  Those whose gross receipts are normally under $50,000 file Form…read more

DiggLinkedInAIMStumbleUponBookmark/FavoritesShare

empty
empty
empty
empty
empty
empty
empty
empty

The standard mileage allowance for business transportation expenses has decreased to 54 cents per mile.  This is the amount that can be deducted for each business mile traveled.  This…read more

DiggLinkedInAIMStumbleUponBookmark/FavoritesShare

empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty
empty