A bank’s decision to lend money to a borrower is not based on rocket science. It’s a decision based on a few founding principles. To better understand how they decide who is approved and who isn’t–and why–let’s look through the lens of the lender.
Security breaches are not just a big business problem anymore. The days of hackers targeting only large retailers are long gone. Identity thieves also target small to mid-sized businesses that may have fewer data security resources. In fact, 29 percent of small businesses have had at least one data breach, and 65 percent reported a negative impact on their business’ reputation1.
With attacks that can misdirect wire transfers and hold computer systems hostage, hackers can successfully target any industry, particularly those that are behind the curve for cybersecurity.
As a small business owner, you face many challenges. Finding affordable business insurance to protect your business shouldn’t be one of them.
As a perk to your membership with Latino Tax Pro, we’re bringing you information about a customized business insurance program available through Allstate Business Insurance, protecting you against the unexpected.
“The only constant is change.” An old cliché, for sure. But just because it’s a cliché, doesn’t make it irrelevant. When it comes to your business and the work you do, it definitely applies. New regulations; new rulings; new federal and state legislation; changing IRS guidance; changing expectations on the part of your clients, they all work together to make your work a challenge every day.
The Immigration Reform and Control Act (IRCA) was enacted in 1986 to help control illegal immigration. IRCA forbids employers from knowingly hiring individuals who do not have work authorization in the United States
All employers are required to complete and retain a Form I-9 for each employee after hired November 6, 1986. The Form I-9 is used to verify the identity and employment authorization of individuals hired for employment in the United States.
En apoyo a la Semana Nacional de la Pequeña Empresa que se celebra del 5 al 11 de mayo, el Servicio de Impuestos Internos (IRS) destaca los recursos disponibles en línea para ayudar a propietarios de pequeñas empresas y trabajadores independientes a entender y cumplir con sus obligaciones tributarias.
Durante más de 50 años, esta semana reconoce las importantes contribuciones de los empresarios y los propietarios de pequeñas empresas estadounidenses.
In support of National Small Business Week, May 5-11, the Internal Revenue Service is emphasizing the many IRS online resources available to help small business owners and self-employed individuals handle the tax aspects of their business.
For more than 50 years, the week has recognized the important contributions of America’s entrepreneurs and small business owners.
Many individuals, including owners of businesses operated through sole proprietorships, partnerships, S corporations, trusts and estates may be eligible for a qualified business income deduction, also called the section 199A deduction. Some trusts and estates may also claim the deduction directly.
Thomson Reuters named preferred tax research provider
Salinas, CA, April xx, 2019 – Latino Tax Pro has named Thomson Reuters its preferred tax research provider.
“We are excited to announce our partnership with Thomson Reuters,” said Carlos Lopez, LTP CEO. “This partnership gives LTP members the tools they need to confidently advise their clients and grow their business.”
Owning a home comes with certain tax benefits. However, the raising of the standard deduction under the Tax Cuts and Jobs Act of 2017 diminished some of those benefits. The standard deduction is now $12,000 for individual taxpayers and $24,000 for married taxpayers who file jointly. If the itemized deductions for owning a home (plus the other items a taxpayer reports on Schedule A) do not add up to more than the standard deduction for a taxpayer, then it isn’t worth itemizing. In this post we go over the tax benefits of owning a home that are still in place under the new law, as well as the taxes associated with selling a home.
WASHINGTON — El Servicio de Impuestos Internos instó hoy a los contribuyentes a presentar a tiempo una declaración de impuestos precisa, incluso si adeudan, pero no pueden pagar la totalidad. El IRS también recomienda que los contribuyentes realicen una revisión de su cheque de pago a principios de 2019 para evitar que se les retengan demasiados o muy pocos impuestos.
WASHINGTON — The Internal Revenue Service today urged taxpayers to file an accurate tax return on time, even if they owe but can’t pay in full. The IRS also recommends that taxpayers do a Paycheck Checkup early in 2019 to avoid having too much or too little tax withheld. Most taxpayers are being affected by major tax law changes. While most will get a tax refund, others may find that they owe taxes. Those who owe may qualify for a waiver of the estimated tax penalty that normally applies.
