How Hiring a Bookkeeper Can Improve Your Business

How Hiring a Bookkeeper Can Improve Your Business

Managing your business finances is not an easy task, and trying to stay on top of everything can feel overwhelming. You might be tempted to handle everything on your own, but this is not always the best course of action. Understanding your books and keeping accurate...
What Really Happens In An IRS Audit?

What Really Happens In An IRS Audit?

Being audited by the IRS is a situation that often scares taxpayers. There’s certainly nothing enjoyable about being audited, but it’s important to understand what really happens in this process. In this blog, we will go over what happens in an IRS audit so that you...
What is a tax projection?

What is a tax projection?

A tax projection is an estimation of the taxes a person or business will have to pay in the next fiscal year. This prediction can be made for both federal and state taxes. The IRS can provide this projection based on prior years’ returns and current financial...
When do I need IRS Representation?

When do I need IRS Representation?

When it comes to taxes, the situation can become stressful and confusing. It only gets worse when you receive letters from the IRS that you don’t understand. This is where Master Plan Tax Solutions comes in – we can  help to clear up any misunderstandings and...
It’s Tax Time: What You Need To Know

It’s Tax Time: What You Need To Know

Tax Day is almost here and it can be a stressful time for many individuals. The process of filing taxes can seem overwhelming, but with the right preparation and knowledge, you can make sure that you are ready when the deadline arrives. Here’s what you need to know as...
A Must for Business Owners

A Must for Business Owners

As a business owner, one of the most important aspects of your financial strategy is tax planning. Tax planning involves taking proactive steps to minimize your taxable income and maximize deductions. By understanding how taxes work and how to plan for them, you can...