Vlad Rusz is a CPA at Centaur Digital Corp, helping busy business owners efficiently manage their accounting systems. The IRS, and some online tax preparation companies, offer a way to file a personal ...
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K-1s and how they are used
Partnerships use schedule K-1 tax forms to avoid tax penalties by distinguishing business income and personal income.
If you run two or more separate businesses, you’ll need to know how to file taxes for each one and how they will impact your personal tax return. When you file a federal income tax return for your ...
If you're gearing up to file your tax return this year but are afraid you're going to run out of time, it's possible to file for an extension. This can give you six additional months to get your ...
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