Please reach us at angi@wildflowerstaxandaccounting.com if you cannot find an answer to your question.
Yes. Income is taxable whether you receive a 1099 or not. Many payments are reported to the IRS even if you don’t receive a form, and their matching systems improve every year. Filing correctly now is far easier than fixing it later.
If you make a mistake on your tax return, we can help you to correct it and file an amended return if necessary. It's important to address any mistakes as soon as possible to avoid penalties or further issues.
Yes, we offer IRS audit assistance to help you navigate the audit process and ensure that your rights are protected. Our team will work with you every step of the way to help you achieve the best possible outcome.
Reconciliation means matching your bank or credit card statements to your books. If the balances don’t match, something is missing or duplicated. This step is how errors are caught before they turn into bigger problems.
Not always. Some expenses feel business-related but aren’t deductible. Mixing personal and business expenses is one of the fastest ways to create tax and bookkeeping issues.
No. You can deduct legitimate business expenses without an LLC. Structure matters, but it’s not the first step for everyone.
Most often, it’s because accounts haven’t been reconciled properly or consistently. This is extremely common — and very fixable with the right support.
If you’re guessing, unsure, or hoping something is “probably fine,” that’s usually the moment to ask. A short conversation now can prevent expensive problems later.