December 2019 - Page 7 of 7 - Accel Tax & Business Services

Choosing a Legal Entity for Your Business

If you've decided to start a business, one of the most important decisions you'll need to make is choosing a legal entity. It's a decision that impacts many things--from the amount of taxes you pay to how much paperwork you have to deal with and what type of personal liability you could face. Even [...]

Choosing a Legal Entity for Your BusinessAccel2019-12-28T20:45:46+00:00

How the Sharing Economy Affects Your Taxes

If you've ever used--or provided services for-- Uber, Lyft, Airbnb, Etsy, Rover, or TaskRabbit. then you're a member of the sharing economy and it could affect your taxes. The good news is that if you've only used these services (and not provided them), then there's no need to worry about the tax implications. However, [...]

How the Sharing Economy Affects Your TaxesAccel2019-12-28T20:43:57+00:00

Filing an Amended Tax Return: What You need to Know

If you discover a mistake on your tax return after you've already filed, don't panic. In most cases, all you have to do is file an amended tax return. Here's what you need to know. Taxpayers should use Form 1040X, Amended U.S. Individual Income Tax Return, to file an amended (corrected) tax return. An [...]

Filing an Amended Tax Return: What You need to KnowAccel2019-12-28T20:41:00+00:00

September 16 Tax Deadline for Partnerships and S Corporations

A reminder that September 16 is the last day to timely file 2018 partnership and S corporation tax returns that were extended from the March 15 deadline. Please send us your tax information ASAP.

September 16 Tax Deadline for Partnerships and S CorporationsAccel2019-12-26T18:03:52+00:00