After years of declining funding, the Internal Revenue Service (IRS) has finally received a major boost in its budget. The Inflation Reduction Act allocates an additional $80 billion to the agency over the next decade. This latest reckless tax and spending spree is almost six times the IRS’s annual budget of around $13 billion. FindContinue reading “IRS $80 Billion Funding: What Does It Mean For You”
Category Archives: Accounting
Increase Your Tax Refund
Take Advantage of Refundable and Non-Refundable Tax Credits Do you fall under the category of low or moderate income? Then, you can benefit from the “tax credits” offered by the Federal and State Governments. You can also save a significant sum of money and get great benefits as an individual, family, or organization. Because byContinue reading “Increase Your Tax Refund”
IRS $80 Billion Funding: What Does It Mean For You
After years of declining funding, the Internal Revenue Service (IRS) has finally received a major boost in its budget. The Inflation Reduction Act allocates an additional $80 billion to the agency over the next decade. This latest reckless tax and spending spree is almost six times the IRS’s annual budget of around $13 billion. FindContinue reading “IRS $80 Billion Funding: What Does It Mean For You”
Why Does Your Small Business Need CPA Services?
Running a small business is not an easy task as it requires a lot of precision and management skills to keep a track of everything. Small businesses need to register everything in books from their daily operations to customer reviews and customer services for better sales results. This all can take a lot of timeContinue reading “Why Does Your Small Business Need CPA Services?”
G&S Accountancy 