
Busted! Don’t Believe These Tax Evasion Myths!
As businesses and individuals begin their tax preparations, it is imperative to address some of the legal aspects of taxes, one of the most serious of which is tax evasion.
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Vilensky & Company offers a diverse set of services to those seeking financial and tax help with their small to midsize business or personal financial and tax needs. Vilensky & Company is dedicated to helping small business owners and individuals discover efficient strategies for reducing their tax burden and achieving their financial goals. We provide clients with the most effective strategies for easing their tax burden. We offer a full range of financial services from audit representation, litigation support, to business taxation services. We believe in the value of relationships. We view every client relationship like a partnership and truly believe that our success is a result of your success.
Many small businesses have been hurt by mandatory closures required to slow the spread of the Coronavirus (COVID-19). Fortunately, there are a growing number of resources and relief programs to fall back on, including:
-CARES Act (Coronavirus Aid Relief and Economic Security Act)
-Eviction Protection
-Business Loan Deferment
-Net Operating Loss Provisions
-Employee Retention Credits
-Loan Forgiveness
Author: Vilensky & Company, LLC
As businesses and individuals begin their tax preparations, it is imperative to address some of the legal aspects of taxes, one of the most serious of which is tax evasion.
Author: External Author
Original Article Source Credits: Investopedia , https://www.investopedia.com/
Article Written By: Matt Webber
Original Article Posted on: April 22, 2022
Link to Original Article: https://www.investopedia.com/cd-early-withdrawal-penalty-5225111
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