GlobalBiz Services

01/19/2026

03/25/2022

The ensure you're ready for an audit, tax returns should be kept indefinitely and supporting documents should be kept a minimum of three years.

After filing your tax return, do not close the book on your taxes until you have set up next year's files, purged unneeded old records, and prepared your records in case of an audit. Here are some tips.

03/18/2022

New rules for deducting mortgage interest are causing confusion and adding additional documentation. It's more important than ever to understand the numbers on your tax forms.

Mortgage companies report interest to both you and the IRS, but that doesn't mean all the interest you pay is tax deductible. Here are four major areas that are causing confusion.

03/16/2022

Stem the increase of rising costs in your business with these ideas. Also read about how getting a cash-flow tune-up for your business is more important than ever!

Inflation and supply chain bottlenecks have affected millions of business across the country, both large and small. In this month's newsletter, read about some ideas that could help your company keep costs from rising too quickly because of these bottlenecks. Also read about how getting a cash flow....

03/11/2022

If your gross income is less than the federal standard deduction, you usually do NOT need to file a tax return, but getting this wrong can cost you. Know the exceptions to the rule!

Do you need to file a tax return this year? Here are some handy tips to help you decide.

03/09/2022

Here are several time-tested tax planning strategies to help you this year.

If you're interested in minimizing your tax obligations and maximizing your savings, consider the helpful tips and ideas you'll find in this newsletter. Call if you would like to discuss how any of this information relates to you. If you know someone that can benefit from this newsletter, feel free....

03/04/2022

Ouch! Government overspending is reported each year in our 1040 IRS instruction booklet. Here's what it looks like for the most recent fiscal year for which info is available. It doesn't look good!

As taxpayers, it makes sense to understand how our government spends our money. Here are the most recent inflows and outflows as reported by the IRS in this year's 1040 instruction booklet.

03/02/2022

Here's how to avoid getting your tax return stuck at the IRS. Also read about tax tips for parents and grandparents, tips to handle rising interest rates, and why you should read the fine print!

Tax season is now underway! In this month's newsletter, we share the secret to getting a quick tax refund. Also read about tax saving tips for parents and grandparents, why you should consider reading the fine print, and several financial tips about how to navigate rising interest rates. Please enjo...

03/01/2022

5 retirement mistakes that can cost you big $$