Timalyn S. BowensSep 13, 20224 min3 Things Nobody Tells First Generation Business Owners About the IRS When They Start Their Business93% of the taxpayers I have helped with back taxes in the past 4 years were self-employed. Over half of those people were also...
Timalyn S. BowensSep 12, 20223 minHow Are LLCs Taxed?Did you go into business to do taxes? A select few business owners do. So it is no surprise that taxes are one of the most confusing...
Timalyn S. BowensSep 10, 20224 minHow to Make Quarterly Estimated Tax PaymentsFailure to make estimated tax payments is one of the top reasons why taxpayers owe the IRS. Over the past 11 years, I've realized that...
Timalyn S. BowensSep 9, 20224 min5 IRS Penalties to Avoid in Your BusinessWhen taxpayers don't meet their tax obligations the IRS charges penalties. The reasons range from not filing on time to not providing...