Tax FAQs Archives - Karme

Tax FAQs

August 14, 2024

2024 IRS Tax Changes: What You Need to Know

 While 2023 did not see major federal tax reform legislation, the IRS has adjusted ranges for tax brackets, standard deductions, […]
July 27, 2024

Bookkeepers vs. CPAs: Understanding Their Roles and What Most CPAs Do (and Don’t Do)

When it comes to managing your business’s finances, both bookkeepers and Certified Public Accountants (CPAs) play crucial roles, but their […]
July 26, 2024
Tax preparer in the wild

Why Qualified Tax Preparers Are in High Demand

Knowledgeable people are in high demandExploring the Surge in Demand for Qualified Tax Preparers In the intricate world of finance, […]
January 30, 2024

Earned Income Credit: How to Work with a Tax Professional

The Earned Income Credit (EIC), also known as the Earned Income Tax Credit (EITC), is a refundable tax credit designed […]
November 30, 2023

Why your business needs a bookkeeper.

How not having one can cost you big! If you are a business owner, you probably have a lot of […]
October 18, 2022

How To Become A Tax Preparer

It’s easier than you think! Tax pros work in a variety of industries as seasonal workers or year-round employees. They […]
October 17, 2022

Super Mario Bros Movie: The Business of nostalgia

No one knows the business of nostalgia better than Hollywood, which continues to prove there’s no business like nostalgia. Netflix’s […]
October 16, 2022

Handful of states debate whether to tax forgiven student loans

A handful of states could still end up taxing President Biden’s recently announced student loan forgiveness of up to $20,000, according […]
October 12, 2022
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How To Complete Your Profit And Loss Sheet

What you need to know to fill out your profit and loss sheet like a pro! No matter kind of […]