TFX is awesome – a peace of mind saver.
Working with my tax CPA went above and beyond on her part and I feel very relieved that the previous tax year is completed. They will definitely have my business again next year.
Filing taxes as an S corporation in the United States requires meticulous attention to detail and a deep understanding of specific IRS requirements.
Form 1120-S is the cornerstone of this annual financial reporting, serving as an S corporation's US income tax return. This form not only ensures compliance with federal tax obligations but also...
Form 5472 is an important document for foreign companies doing business in the United States. This IRS form helps ensure that companies comply with US tax regulations regarding their related party transactions.
The form is complex, and proper filing is essential to avoid significant penalties. This guide provides a detailed walkthrough of...
As a professional traveling for business, understanding the nuances of business travel tax deductions can significantly impact your financial planning and tax obligations.
This guide will delve into what constitutes a deductible business expense, how to distinguish between personal and business travel, special considerations for domestic and...
If you own an S corporation, you probably have many operational activities to tackle, like business planning, managing employees, and handling finances. Many business owners wonder if S corporations must get Form 1099 for tax information.
This guide will help you understand whether you must receive and issue Form 1099 on behalf of your...
The transportation sector is the US's largest source of greenhouse gas emissions. Transforming your small business operations into more eco-friendly practices is crucial to decreasing the nation's carbon emissions and reducing your business tax bill!
Starting January 1, 2023, businesses and organizations can purchase new EVs and FCEVs and...
