Income Tax Preparation Online Service

The U.S. government requires individuals to report foreign financial accounts because foreign financial institutions may not be subject to the same reporting requirements as domestic ones. Who needs to report: Ia person with financial interest, or monetary gain, in, signature authority or other authority over one or more accounts in a foreign country, and a person with the sum of all foreign financial accounts exceeds $10,000 at any time during the calendar year. A U.S. person is a citizen or resident of the United States. Account owners need to report accounts by the April 15 due date following the calendar year that they own a foreign financial account. Contact Taxeasy for Details now!

Who is eligible for postponement of tax filing and payment until Oct 2025? Individuals Affected by California Fires with Payment due on April 15, 2025. Individual Affected by California Fires with estimated tax payments normally due on April 15, June 16, and Sept. 15, 2025. Calendar-year partnership Affected by California Fires with return normally due on March 17, 2025 Taxpayers with an IRS address record located in the disaster areas do not need to contact the agency to get this relief. Contact Taxeasy for Details now!

Schedule Estimated Taxes Now! Estimated tax is used to pay income tax and self-employment tax, as well as other taxes and amounts reported on the tax return. If the taxpayer does not pay enough through withholding or estimated tax payments, he or she may be charged a penalty. If the taxpayer does not pay enough by the due date of each payment period, he or she may be charged a penalty even if he or she is due a refund when the tax return is filed. The taxpayer does not have to pay estimated tax for the current year if he or she meets all three of the following conditions: The taxpayer had no tax liability for the prior year. The taxpayer was a U.S. citizen or resident for the whole year. The taxpayer’s prior tax year covered a 12-month period. Contact us today to get your taxes estimated!

Happy New Year from Taxeasy! Start 2025 with clarity and confidence in your finances! Let us handle your bookkeeping so you can focus on growing your business: Accurate Records Stress-Free Tax Prep Tailored Solutions for Your Needs Make this your best year yet! Contact us today to get your books in perfect shape for the year ahead!

Why is CFO / Bookkeeper important? Whether you're looking to scale your business, improve cash flow, or simply maintain clean books, having the right financial leadership is critical to long-term success. Here are 3 easy steps to stay on top of it: Improved Financial Clarity: With the guidance of a CFO, your business will develop strategic budgets and forecasts that align with your growth goals. Risk Management: A CFO can assess your financial vulnerabilities and implement risk management strategies, from securing better credit terms to ensuring compliance with financial regulations. Cost Control & Profitability: A CFO will identify areas where your business can cut costs without compromising on quality, improving profitability. They'll analyze financial data to highlight inefficiencies and implement cost-saving measures. Partnering with a CFO can make a massive difference in the financial health and scalab...

The Importance of Bookkeeping in E-commerce: Bookkeeping is the systematic recording and organizing of financial transactions in your business. For e-commerce, this process involves tracking sales, expenses, inventory, and other financial data. Here are 3 easy steps to stay on top of it: High transaction volume: Online businesses often experience a high volume of transactions, especially during peak sales periods. Accurate tracking of each sale, return, and refund is essential. Inventory Management: For e-commerce, inventory is a critical asset. Bookkeeping helps track inventory levels, ensuring you have enough stock to meet customer demand without over-purchasing. By maintaining accurate records, you can optimize your stock levels, reducing storage costs and avoiding out-of-stock situations. Cash Flow Management: Cash flow is the lifeblood of any business. In e-commerce, where costs can quickly add up—from inventory purchasing to platform ...