Starting a business is hard work, and the success rate is low — just look at the first year failure rate. Only 78.5% of small businesses survive their first year.
There are many reasons that some business startups are more successful than others. One interesting line of inquiry looks at the reasons a person wants to be an entrepreneur.
The IRS has taken action against rising gas prices by increasing the standard mileage deduction rate for business trips.
Charles Myrick, a Certified Public Accountant, has more than two decades of experience representing taxpayers with the IRS. He is highly knowledgeable and experienced in what is known as tax resolution — the specialty of advising, representing, and negotiating with the IRS on behalf of taxpayers in problem tax cases. He and his staff feel a real sense of satisfaction from solving difficult problem tax cases and removing the giant weight off a client’s shoulders that comes from stressful interactions with tax authorities.