by Jeanine Hemingway CPA | Jun 11, 2021 | Business, Education, Tax Blog
Reduce Your Odds of Getting Audited & The Steps To Take If You Do An IRS audit of your taxes can be a nerve-racking experience. Fortunately, the odds of getting audited are low. According to the 2017 IRS data book, of the 150 million returns the IRS processed, it... 
by Jeanine Hemingway CPA | Mar 19, 2021 | Business, Education, Lifestyle, Tax Blog
Taxes can be stressful. But there are ways to prepared yourself so you don’t get overwhelmed and blindsided by small business taxes. As a business owner your goal should be to keep more of your hard-earned profits in your wallet and build the business rather than... 
by Jeanine Hemingway CPA | Jan 29, 2021 | Education, Tax Blog
Q&A to Clarify Consequences & Opportunities If you or a loved one is experiencing a job loss, going through an unexpected transition in your career can feel alienating, worrisome, and stressful—especially during COVID-19. The pandemic has caused unprecedented... 
by Jeanine Hemingway CPA | Jan 4, 2021 | Business, Education, Tax Blog
Business Owner’s Guide to Monitoring & Understanding Financial Statements Financial statements are a window into your company’s overall financial health. Aside from the obvious benefits of having your financial statements organized for tax season each year,... 
by Jeanine Hemingway CPA | Dec 3, 2020 | Business, Education, Tax Blog
Year-End Business Accounting 2020 may have been of surprising success to some businesses, while others faced heavy losses. Whatever the reality has been for your business, the year-end accounting process is an important step for closing out the year of financial... 
by Jeanine Hemingway CPA | Nov 18, 2020 | Business, Education, Tax Blog
Whether you are a self-employed contractor, vendor, or business owner, chances are you are not fond of these mysterious 1099 Forms. However, the IRS takes these forms very serious because they allow the agency’s computers to keep tabs on taxpayers as they match...