A reliable accounting and tax firm is crucial in today’s fast-paced and ever-changing business world. A competent and trustworthy firm can help individuals and businesses make informed financial decisions, navigate complex tax laws, and ensure financial stability. There are two main reasons why choosing a reliable accounting, and tax firm is important. Working with a reliable accounting and tax firm can provide peace of mind for individuals and businesses, knowing their finances are in good hands. A competent accounting and tax firm has the knowledge and expertise to provide valuable financial advice, ensuring clients can make informed decisions and avoid potential financial pitfalls.

Filing taxes is the responsibility of every working individual and business owner to stay compliant and receive refunds on time. However, sometimes there are issues with tax preparation and filing returns that can be tricky to solve.

Finding an accountant can be quite challenging because many people work on and understand accounts, but their expertise would vary depending on the clients and industries they were working with. While accountancy is a common task that everyone has to handle in some capacity or the other, professionals would be in a better position to assist and provide more feedback. Some rules and clauses could benefit some people getting through the process, and working with professionals would solve that immediately.

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Like many people, preparing your taxes may still be a tricky exercise, and because of certain complexities and rule changes, there are high possibilities of making mistakes with tax calculations. We at Bible Harris Smith are experts at tax planning and preparation. We understand the tax preparation process, know the latest tax laws, and the best ways to save money on taxes. We are also aware of the challenges that individuals and businesses face when filing their tax returns.

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Article Written By:  George N. Root III

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Link to Original Article:  https://smallbusiness.chron.com/advantages-bookkeeping-10662.html

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Original Article Posted on:  Jun 14, 2021

Link to Original Article:  https://www.forbes.com/sites/rohitarora/2021/06/14/with-ppp-ended-small-business-must-look-for-other-sources-of-funding/?sh=2509ee0a6a83

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Original Article Posted on:  June 17, 2021

Link to Original Article:  https://www.irs.gov/newsroom/taxpayers-may-receive-a-refund-for-taxes-paid-on-2020-unemployment-compensation

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Article Written By:  Michelle Strait

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Article Written By:  Rohit Arora

Original Article Posted on:  Apr 30, 2021

Link to Original Article:  https://www.forbes.com/sites/rohitarora/2021/04/30/a-guide-to-applying-for-ppp-loan-forgiveness/?ss=small-business-strategy&sh=1dded24f6731

Original Article Source Credits:   IRS , https://www.irs.gov/

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Original Article Posted on:  May 19, 2021

Link to Original Article:  https://www.irs.gov/newsroom/heres-how-taxpayers-can-check-the-status-of-their-federal-tax-return

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Article Written By:  Carmen Reinicke

Original Article Posted on:  MAY 5 2021

Link to Original Article:  https://www.cnbc.com/2021/05/05/ppp-has-run-out-of-money-for-most-borrowers-what-to-know.html

I’m Sean W. Brewer, a CPA Shareholder and the Director of Taxation at Bible Harris Smith P.C.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

When it comes to income tax, most people seem very confused. Not everyone is aware of all the aspects that go into it, which could lead to myths being built around the whole concept of income tax filing. Even though the process of income tax filing has been simplified in the recent past, there is still a lot of misinformation going around. Following these falsehoods is as bad as poor advice, as it could get you in a lot of trouble with the IRS. To help you steer clear of misconceptions, Bible Harris Smith, P.C. has debunked three of the most widely believed myths about income tax filing.

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