The IRS Taxpayer Bill of Rights and You
Taxpayers have fundamental rights under the law. The Taxpayer Bill of Rights presents these rights in 10 categories, which can help taxpayers when they interact with the IRS. This post highlights a list of taxpayer rights and the agency’s obligations to protect them. 1. The Right to Be Informed. Taxpayers have the right to know what […]
If You Get an IRS Notice, Here’s What to Do
Each year the IRS mails millions of notices and letters to taxpayers. If you receive a notice from the IRS, here is what you should do: Don’t Ignore It. You can respond to most IRS notices quickly and easily. It is important that you reply right away. Focus on the Issue. IRS notices usually deal […]
Offer in Compromise: Tips for Choosing a Representative
In order to help people settle their tax debt for less than what they owe, the Internal Revenue Service sometimes allows what is known as an Offer in Compromise. Submitting an Offer in Compromise can be a complicated matter, and here are some tips you can use to hire the right professional to represent you. […]
Tax Benefits for Military Members
Did you know May is National Military Appreciation Month? The IRS wants military members and their families to know about the many tax benefits available to them. Tax benefits for service members include: Partly or fully tax-free combat pay. You can exclude certain pay from your income if you are a member of the U.S. […]
Consult with Your Dallas Accountant for Entity Selection and Structure
Starting a business is one of the most rewarding experiences you will ever have. However, the process is wrought with pitfalls for inexperienced entrepreneurs. Seeking advice from your Dallas accountant regarding entity selection and structure enhances your chances for long term success. Your accountant can act as a sounding board for your ideas and suggest […]
Why Many Restaurants Fail in the First Year of Operation
Opening a restaurant can seem like a failsafe venture. After all, everyone has to eat. The reality, however, is that eateries are notoriously risky enterprises, with most studies suggesting that somewhere around 60% of them will fold within the first year. At Gurian CPA Firm, we are experienced accountants with expertise working for local restaurant […]
3 Ways You Can Use Technology to Simplify Your Payroll
To save money and time, it’s critical that you simplify your company’s payroll processes and modern technological advances let you do this with minimal hassle. If you haven’t started using powerful accounting software or cloud services to help you streamline your payroll processes, our Dallas CPA is here to help you with three ways you […]
Top 5 Reasons Why You Should Hire a CPA for Your Restaurant Accounting Tasks
Owners of new restaurants don’t always make hiring a Certified Public Accountant a priority, but putting a CPA on your payroll can make a huge difference in whether your eatery succeeds. The Dallas financial team at Gurian CPA Firm encourages restaurant owners to consider these main reasons why an accounting professional is so essential to […]
