Sousa and Weber Blog

FTB & IRS Installment Payment Agreements

Rich Weber - Thursday, August 10, 2017

Life is unpredictable, and sometimes there’s just not enough money to cover all your living expenses, including your income tax liabilities.  Though government agencies are not exactly known for being understanding, if you’re in a bind and have tax liabilities … Read More

Offers in Compromise – an Option to Reduce Your Tax Liability

Rich Weber - Monday, June 19, 2017

When you think of the Internal Revenue Service (IRS) do you consider it an inflexible agency with a “do whatever it takes to collect all monies that are due” attitude? Most people do. And while we would not go so … Read More

Corresponding with the IRS Q & A

Rich Weber - Saturday, May 27, 2017

The three letters “IRS” often strike fear and dread into the minds of taxpayers. IRS inquiries can come at any time, and for a number of reasons. This article aims to answer your questions about corresponding with the IRS so … Read More

What Happens if You Didn’t Pay Your Taxes

Rich Weber - Thursday, May 4, 2017

  This probably isn’t news, but 2016 individual income taxes were due on April 18, 2017. If you didn’t pay your taxes – file your return and submit payment or  file an extension – you might be wondering what’s in store … Read More

FICA Tip Credit

Rich Weber - Monday, March 13, 2017

Restaurant Owners… Are you taking full advantage of the FICA Tip Credit? You own a restaurant so you are more than just busy.  You’re incredibly busy. But taking a moment to read this quick overview of the FICA Tip credit … Read More

3 Steps to Properly Claim Charitable Deductions

Rich Weber - Tuesday, February 21, 2017

Giving financial support and property donations to charitable organizations usually leads to a win-win situation. The charity receives assets and the donor can often claim charitable deductions (in addition to “feeling good” about supporting worthy organizations). There are 3 key … Read More

January is 1099 Time

Rich Weber - Saturday, January 21, 2017

If you’re a small business who uses independent contractors you probably know the term 1099. But do you really understand 1099-Misc? Let’s double check. The basics of the 1099 – What, Who, When, and How What is a 1099? We … Read More

What is Self-Employment Tax?

Rich Weber - Wednesday, December 28, 2016

If you work for yourself you may think that you are exempt from paying taxes that most employees have deducted from their regular paychecks.  While we hate to be the bearer of bad news, if this is the case, you … Read More

What Small Businesses Need to Know About Nexus

Rich Weber - Tuesday, December 13, 2016

We get all kinds of questions about nexus and thought we would shed some light on exactly what small businesses need to know about nexus. The basics – What is Nexus? When a company has people (employees, agents, or representatives), office … Read More

Stop Bookkeeping and Watch Your Business Grow

Pamela Boboc - Thursday, November 17, 2016

No one is more invested or cares more about a company’s success than its owner. Entrepreneurs understand their company’s intricacies better than any employee ever could, and they often take on every key role in the business – often out … Read More

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