Filing back taxes with and without records can be a complex process. If you have records, you can file using the appropriate tax forms and supporting documentation. If you don't have records, you can reconstruct them using bank statements, cancelled checks, and other financial records. You may also need to file a penalty abatement request to reduce or eliminate any penalties assessed for filing late. It's recommended to seek the advice of a tax professional if you need to file back taxes. Read more https://www.ascpa.tax/tax-services/how-to-file-back-taxes-with-and-without-records/

To file your New York State tax return for 2023, you will need to gather all the necessary tax documents, such as your W-2s and 1099s. You can file your state tax return online using the New York State Department of Taxation and Finance website or by mailing in a paper return. The deadline to file your New York State tax return for 2023 is April 17th, 2024. Read more https://www.ascpa.tax/tax-services/ny-state-tax/

A tax refund delay occurs when a taxpayer's refund is not processed and issued by the expected date. This delay can be caused by a variety of factors, including errors on the tax return, identity theft, and processing delays at the IRS. Taxpayers can check the status of their refund on the IRS website. Read more https://www.ascpa.tax/tax-services/tax-refund-delay/

IRS Form 8919 is used by employees who were classified as independent contractors by their employer but believe they should have been classified as employees. The form calculates the employee's share of Social Security and Medicare taxes and allows them to claim those taxes on their tax return. The form helps resolve disputes between workers and employers over worker classification. Read more https://www.ascpa.tax/tax-services/irs-form-8919/

IRS Form 926 is used to report transfers of property to foreign corporations by U.S. persons. This form must be filed with the taxpayer's tax return and includes detailed information about the transfer, such as the fair market value of the property and the amount of gain recognized. The form helps the IRS monitor international transactions and enforce tax laws. Read more https://www.ascpa.tax/tax-services/irs-form-926/

IRS Form 3949-A is used to report suspected tax fraud or other violations of IRS regulations. This form can be submitted anonymously and provides a way for concerned individuals to report potential tax fraud without fear of retaliation. The form can be filed online, by mail, or by fax, and requires specific details about the suspected fraud. Read more https://www.ascpa.tax/tax-services/irs-form-3949-a/

Form 4562, also known as the Depreciation and Amortization form, is used by businesses and individuals to claim tax deductions for depreciation, amortization, and other types of property expenses. This form is filed with the IRS along with the taxpayer's tax return and requires detailed information about the property being depreciated or amortized. Read more https://www.ascpa.tax/tax-services/irs-form-4562/

As a limited liability company (LLC) owner, it's important to know your tax filing deadline to avoid any penalties or late fees. The deadline for filing LLC taxes depends on the type of tax return you need to file. If your LLC is taxed as a partnership, you'll need to file a Form 1065 by March 15th each year. If your LLC is taxed as a corporation, Read more https://www.ascpa.tax/tax-services/llc-tax-filing-deadline/

If you're running a business in Florida, it's important to understand the basics of filing your business taxes. Here are some key points to keep in mind: Read more https://www.ascpa.tax/tax-preparation/how-to-file-business-taxes-in-florida/

We take a personalized approach to bookkeeping, tailoring our services to meet the unique needs of each business. Our team of experts can help you with everything from accounts payable and receivable to bank reconciliation and financial statement preparation. We use the latest technology and software to streamline the bookkeeping process, which can save businesses time and money in the long run. With our support, you can focus on your core operations while we take care of your financial management. Read more https://www.ascpa.tax/bookkeeping-services-in-downingtown-pa/