Tag Archives: 4506t

Does Owning a Business Help with Taxes?

Because of the internet and the digital age, starting a side business to help pay the bills has never been easier. This motivates people to start their own business to try and get ahead. However, make sure your motives are … Continue reading

Posted in 4506-Transcripts, business taxes, Financial | Tagged , , , , | Leave a comment

Who can sign a tax return for a corporation?

This question often comes up during tax season. Common sense dictates that the officers that initiated incorporation should be able to sign tax forms. In most medium-sized and large organizations, all financial activities are handled by the treasurer or chief … Continue reading

Posted in 4506-Transcripts, business taxes, Financial | Tagged , , , | Leave a comment

Will I Get a Tax Refund if My Business Loses Money?

Deciding to be self-employed can be an exciting venture, but it involves a lot of forethought. There are some important differences between working for an employer and being self-employed. One of the biggest differences is how a person files taxes … Continue reading

Posted in 4506-Transcripts, business taxes, Financial | Tagged , , , | Leave a comment

Are Business Tax Returns Public Records?

The short answer is no. Corporate tax returns are private, simply because they are deemed confidential and are protected under Section 6103 of the Internal Revenue Code, as enacted by the Tax Reform Act of 1976. Because of this, corporate … Continue reading

Posted in 4506-Transcripts, business taxes, Financial | Tagged , , , , | Leave a comment

How Do I Get a Business Tax Transcript?

Taxpayers, especially businesses, are always encouraged to save copies of all their tax returns for at least three years. There might be instances in the future where the need to provide information from these returns will arise, such as applying … Continue reading

Posted in 4506-Transcripts, business taxes, Financial, IRS and Tax Transcripts | Tagged , , , , | Leave a comment