Not even two months into the 2022 tax season, the IRS is backed up with unprocessed filings from 2021. Millions of returns, including business and payroll tax returns, haven’t been processed, and the IRS is unable to provide a timeline for when they will be. We thought it was important to update you on this […]
In mid-November President Biden signed the Infrastructure Investment and Jobs Act into law. This new legislation includes tax provisions related to the Employee Retention Credit and other items important to small businesses, so I wanted to take a moment to update you all on how this law may affect your business. And while this law […]
In the news recently, you may have seen that the owner of Gladys Knight’s Chicken and Waffles restaurant has been sentenced to two years in prison and owes the federal government over $1 million. Why? He refused to pay his payroll taxes. There are severe consequences for avoiding your tax obligations. Please keep reading to […]
You may have seen in the news recently that the Employee Retention Tax Credit is on Congress’s chopping block. This important tax credit is especially useful for small businesses, and due to COVID-19, Congress expanded the employee retention credit (read about this expansion here). The expansion was intended to go through the end of 2021; […]
Last week, the IRS started sending out monthly advance child tax credit (CTC) payments to eligible taxpayers. We wanted to update you on how this tax credit may affect you and the taxes you are responsible for in 2022. Eligibility Like any tax credit, your eligibility for the CTC is based on previous tax returns […]
We are sure you would like to just fill out a form and get a quote. Your time is valuable and we respect that. Instead of just giving you a quote without understanding your needs, we would like to schedule a no-obligation 15-minute discovery meeting with you to get to know you and understand your needs. After we meet, we can custom tailor the best solution for you.
Or schedule a meeting directly!