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Accounting and Bookkeeping Services in Texas
Tag Archives: Tax System
Top Reasons Why Some Fall Behind their Taxes
Falling behind your taxes is one of the scariest experiences you can encounter as a taxpayer; only second to getting the heavier collection sanctions of liens, levies, or seizures. As a provider of tax services in Round Rock, Texas, we at KF...
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E-Filing? Check Your Eligibility First
E-filing is an IRS-recommended method of filing your taxes, which makes use of tax preparation software to do so. Like anything that uses the Internet, the biggest benefit of e-filing is similar—convenience at the comfort of your home....
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Received a Backup Withholding Notice? Here’s What to Do
For small fledgling business owners, balancing daily operations and other matters such as payroll processing and tax filing is hard enough, and with a notice on top, this can quickly turn into a nightmare. As one of the leading tax accounting...
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Understanding State and Federal Income Taxes
The income tax system in the United States is pretty straightforward—a certain percentage is applied to your taxable income based on the law. However, it can also be really confusing, especially when you have to deal with both the federal and...
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What to Know About Form 1099-NEC
In light of the Internal Revenue System reviving the old form 1099-NEC to report all nonemployee compensation, we at KF Tax & Accounting, P.C., one of the leading tax accounting firms in Texas, has created the following explainer. Quick note:...
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