BLOGS

Here are five things that happened this past month that affect your small business. 1) President Biden announced tax credits for COVID-19...

Just a reminder to those who have not yet filed their 2020 federal tax return that thanks to the IRS extending the filing due date, May...

Thieves use taxpayers’ natural fear of the IRS and other government entities to ply their scams, including e-mail and phone scams, to...

Feel free to print out this cheat sheet. *Always be sure to follow applicable IRS code based on how your business is organized.

Where is your money coming from? Where is it going? You can use tags in QuickBooks Online to find out. QuickBooks Online offers numerous...

Creating an employee stock option plan is an important step in your business’ growth and a sign of its success. Though doing so is not...

Great news if you are paying childcare expenses that enable you to work. As part of President Biden’s American Rescue Plan Act (ARPA)...

When multiple business entities make a decision to start a new business together as a cooperative arrangement, they form what is known as...

Raising money through Internet crowdfunding sites prompts questions about the taxability of the money raised. A number of sites host...

Most taxpayers think they have to itemize their deductions to claim them on their tax return. However, that is not entirely true. There...

Your credit score is one of those mysterious statistics that you hear people talk about, but don’t really pay much attention to until you...

As if 2020 wasn’t challenging enough, this season’s tax-filing is going to be even more complicated than usual. Though the CARES Act and...

Article Highlights: Time to Gather Your Information New for 2020 Choosing Your Alternatives Tips for Pulling Your Information Together...

Article Highlights: Predicting Social Security Income Planning for the Future Employer Retirement Plans Tax Incentive Retirement Savings...

Article Highlights: Home Sale Exclusion 2 out of 5 Rule Business Use of the Home Gain or Loss from a Sale Previous Use as a Rental Form...

Article Highlights: Early Distributions Distributions After Age 59½ Minimum Required Distributions After Age 72 Excess Accumulation...

Article Highlights: Economic Impact Payments High-Income Taxpayer Phaseout Using the 2018 and 2019 Returns Who Qualified for a Rebate?...

Article Highlights: What Is a Living Trust? Is a Living Trust Appropriate? Establishing a Living Trust Pros of a Revocable Trust Cons of...

If you already have a budget, it’s probably been difficult for you to stick with it for the last several months. Unless you provide...

Article Highlights: Health Insurance Retirement Plans Qualified Transportation Fringe Benefits Flexible Spending Accounts (FSAs) Group...