At My Accounting Now, we believe in empowering business owners with the knowledge and tools they need to thrive. Our blog serves as a resource hub, offering insights into critical aspects of business finance, from effective bookkeeping practices to strategic tax planning. By staying informed and proactive, business owners can avoid common pitfalls and leverage financial strategies to fuel their growth and success.
2025-05-14
Your company's federal and state taxes depend on the type of business you have, so you may have different tax forms and filing deadlines. This is why tax time can be stressful, but not filing can be a serious problem with more headaches, since the consequences of not filing your taxes can lead to fines and penalties that are more expensive than doing your duty.
2025-05-09
Whether they prepare and file their own tax returns or get in-person help, there are easy, secure and free tax filing options for seniors.
2025-04-28
When preparing your tax return, you often encounter the problem of having incorrect or missing documents. This situation can cause stress and confusion, but it's essential to understand how to deal with these obstacles. Below are the key steps to successfully handle filing a return in these circumstances.
2025-04-02
With the 2025 tax filing season approaching, it's vital to prepare so that everything is done the right way. Below are some helpful tips for efficient filing. The tax environment is constantly evolving; knowing the updates for the 2025 tax season is paramount. One notable change will be the implementation of new tax limits. The IRS and state legislatures frequently modify the income thresholds that dictate tax brackets, so taxpayers should examine their annual income to know the correct category. Also, it should be noted that adjustments to basic deductions and tax credits could alter their payment.