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The Ultimate Tax Preparation Checklist for Small Businesses
July 19, 2024 Charandeep Singh

The Ultimate Tax Preparation Checklist for Small Businesses

Tax season can be daunting for small business owners, but with careful preparation and organization, you can navigate it smoothly...
How to Choose the Right CPA for Your Business
July 17, 2024 Charandeep Singh

How to Choose the Right CPA for Your Business

Selecting the right Certified Public Accountant (CPA) for your business is a critical decision that can significantly impact your financial...
What are the penalties for filing tax late?
March 6, 2024 Charandeep Singh

What are the penalties for filing tax late?

Let’s pretend you lose track of time and miss the tax return deadline. Don’t worry! This isn’t as scary as...
What is the difference between a tax deduction and a tax credit?
February 15, 2024 wichitadev

What is the difference between a tax deduction and a tax credit?

Understanding taxes can be a little tricky, so you’re not alone if you’ve ever found yourself scratching your head, trying...
What happens if you forget to file your taxes?
December 14, 2023 wichitadev

What happens if you forget to file your taxes?

Though often perceived as a mundane aspect of life, the timely submission of your tax returns plays an integral role...
How can I organize my financial records ready for tax season?
November 3, 2023 wichitadev

How can I organize my financial records ready for tax season?

Welcome to Wichita Tax Advisors’ blog! With tax season fast approaching, we understand the anxiety that comes with getting your...
Tax Strategies for Small Businesses
October 2, 2023 wichitadev

Tax Strategies for Small Businesses

Every year, as seasons change and the end of the fiscal year draws closer, small business owners like you face...
How to Report Income from Different Sources, such as Employment, Freelance Work, Investments, or Rental Properties?
August 7, 2023 wichitadev

How to Report Income from Different Sources, such as Employment, Freelance Work, Investments, or Rental Properties?

Managing income from various sources is becoming increasingly common in today’s diverse economy. With multiple streams of revenue, individuals need...
What Are the 5 Basic Accounting Principles?
July 3, 2023 wichitadev

What Are the 5 Basic Accounting Principles?

Whether you’re a business owner, investor, or simply interested in understanding the financial health of an organization, grasping the fundamentals...
How is your tax refund calculated?
May 31, 2023 wichitadev

How is your tax refund calculated?

As tax season approaches, many tax payers are eager to learn how their tax refund is calculated. The process of...
Can You Go to Jail for Not Filing a Tax Return?
April 29, 2023 wichitadev

Can You Go to Jail for Not Filing a Tax Return?

Filing taxes is a requirement for most of us—what happens if you decide not to file a tax return? Filing...
Who Regulates CPAs?
March 27, 2023 wichitadev

Who Regulates CPAs?

Certified public accountants (CPAs) can assist organizations and individuals with various tasks related to finances, taxes, insurance, and more. Learn...
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