Category Archives: Taxes

You May Need to File Estimated Tax Payments

Article Highlights: Employees Self-Employed Individuals Quarterly Payments Underpayment Penalty Safe Harbor Payments Estimated tax payments are not just for the self-employed. They are for anyone whose withholding and tax credits are significantly less than their projected tax liability, and if used properly, can protect a taxpayer from underpayment penalties. Employees who will have income, Social […]

Relocating? How to Do It with Taxes in Mind

Relocating? How to Do It with Taxes in Mind

Relocating? How to Do It with Taxes in Mind If you’re thinking about moving from your current locale, you’re not alone. Americans are on the move for many different reasons:  Remote work is increasingly popular and allows employees to live wherever they have access to WiFi. Tax changes introduced by the 2017 Tax Cuts and […]

Avoid The IRS: Tips to Keep the IRS Away

IRS tips

Are you afraid of the IRS? Don’t be. At Precise Books & Tax Solutions, we pride ourselves on providing the best services to help you AVOID making mistakes that can put you on the IRS’s radar. With the ever-increasing complexity of our tax system, it’s normal for many small businesses to make mistakes with bookkeeping […]

Are You Co-Mingling Personal and Business Finances?

If you answered “yes” to this question… you could be in for some challenges now or in the near future. You might not realize, especially if you are just starting your business, that separating your personal and business finances can help ensure you treat your business like the independent entity it is, while safeguarding your […]