Timalyn S. BowensSep 13, 20224 min read3 Things Nobody Tells First Generation Business Owners About the IRS When They Start Their Business93% of the taxpayers I have helped with back taxes in the past 4 years were self-employed. Over half of those people were also...
Timalyn S. BowensSep 12, 20223 min readHow Are LLCs Taxed?Did you go into business to do taxes? A select few business owners do. So it is no surprise that taxes are one of the most confusing...
Timalyn S. BowensSep 10, 20224 min readHow to Make Quarterly Estimated Tax PaymentsFailure to make estimated tax payments is one of the top reasons why taxpayers owe the IRS. Over the past 11 years, I've realized that...
Timalyn S. BowensSep 9, 20224 min read5 IRS Penalties to Avoid in Your BusinessWhen taxpayers don't meet their tax obligations the IRS charges penalties. The reasons range from not filing on time to not providing...
Timalyn S. BowensJul 5, 20227 min read5 Keys to Prevent a Small Business Tax NightmareTimalyn at the 2022 Diverse Entrepreneurship Summit giving a presentation. This past June, I spoke at the Diverse Entrepreneurship Summit...