The IRS will begin distribution of economic impact payments automatically sometime later this month. The following information comes directly from the IRS website and is reformatted for better understanding.
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Most people tend to put off preparing for their tax filings however this only adds stress and anxiety in the process. Giving yourself a head start in being organized will help you more than you could imagine.
Whether you are dreading the liability or excited about a refund, here is a list of items you can do now to alleviate some of your stress three months from now.
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Accounting for small businesses is so much more than just getting your receipts and tallies together for tax preparation and crossing your fingers as you hope for a smaller income tax liability.
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