The Speedy Tax Blog – Honest Guidance From People Who’ve Been There
Tax Tips, Small Business Advice, and Real-World Know-How
At Speedy Tax Preparation & Bookkeeping Service, we believe that good advice should be easy to understand and even easier to apply. That’s why we created this blog—to help individuals, families, and small business owners make sense of their finances, one topic at a time.
Why You Should Choose Speedy Tax Preparation & Bookkeeping Service!
Whether you’re a budding entrepreneur or an established business owner, properly managing your finances can stabilize your company making it less likely to fail. However, it can be an overwhelming job when you have to handle all of those complex accountancy tasks. In...
New Form 1099 Reporting Coming in 2022
Reporting rules are changing for certain businesses beginning in 2022. Debbie Pflieger of EY’s Financial Services Organization highlights what you need to know about Form 1099-K, Payment Card, and Third-Party Network Transactions. Beginning in the tax year 2022,...
Tips to help taxpayers reduce tax-time stress
Each tax season comes with unique challenges and 2022 is no exception. The IRS wants taxpayers to get the information they need as quickly as possible. Taxpayers should keep these tips in mind when they get ready to file. Following them will help get this year's taxes...
Stay In Touch With Speedy Tax Preparation & Bookkeeping Service!
My email newsletter is a one-stop resource for relevant news and content about my business, Speedy Tax Preparation & Bookkeeping Service. I also share information about my services as a tax preparer and bookkeeper in Elizabethtown, North Carolina. With everything...
Taxpayer Filed 2020 Tax Return; Receives IRS Notice that Return Not Filed
According to recent reports, the IRS has a backlog of more than 6 million unprocessed individual returns; however, it has opened most of its mail and processed the payments accompanying these returns. As a result, many taxpayers received a CP-80 notice, which states...
A former UCLA decathlete got arrested
A former UCLA decathlete who also competed with the Philippines national team was arrested this morning on a federal criminal complaint alleging that he fraudulently raised more than $37 million from investors who were told their funds would be used to finance...
Community Health Resources
I hope this email finds you well. I noticed you go out of your way to provide excellent resources for your community on your website and I thought you might be interested in what we’re doing. We are AffordableHealthInsurance.com and we provide accurate,...
How to Build a Thriving Freelance Team to Support Your Business
As a business owner, you can benefit from hiring freelancers in many ways. Work-for-hire professionals allow you to tap into niche expertise, filling small gaps in your team that you don't necessarily need a full-time worker for. Freelancers also have other benefits,...
How to Help an Elderly Loved One Manage Finances
Many people prefer to live alone and maintain their independence as they age. However, because some cognitive decline is expected in elderly people, it's important to keep an eye on the finances of your aging loved ones. You may need to take action if you believe that...
EITC Awareness Day Is January 27: The Earned Income Tax Credit is an Important and Confusing Credit for Eligible Taxpayers
The tax year (TY) 2022 filing season kicked off on January 23, 2023. Each filing season, taxpayers face a variety of challenges, including choosing a qualified return preparer, locating a volunteer tax return preparation site, selecting tax preparation software, and...