President Joe Biden Unveiled Tax Increases!
Recently President Joe Biden and house democrats have unveiled tax plans to raise levies on taxpayers making more than $400,000 of annual...
Tax Extension Deadline (Oct. 15) Is Approaching Fast!
If you have not filed your individual tax return and are currently on extension, your extension due date for 1040 is October 15, 2021....
Tax Benefits For Charitable Givings Have Been Expanded!
Last December, the IRS enacted the Taxpayer Certainty and Disaster Tax Relief Act which provides several provisions to help individuals...
IRS Reminds Business Owners To Correctly Identify Workers
The IRS Newsroom recently reminded business owners that it is critical to correctly determine the classification of individuals doing...
Tax Deadlines Are Coming Soon!
Top news today, estimated tax payments are due soon. As business owners, you are required to make quarterly estimated tax payments. The...
Hurricane Ida Financial Impact Recovery
Although Hurricane Ida is over, it has left significant destruction that could potentially reach $50 billion in damages. If you are a...
How Did Amazon Avoid Paying Taxes From Last Year's Success?
During the pandemic year, Amazon’s growth was remarkable. Yet, during 2020, Amazon’s effective tax rate was only 9.4%, a rate that is...
A Beginners Guide to Payroll Taxes
If you have just started a business and you are thinking of hiring employees, it is easy to believe that payroll starts and ends when you...
Tax Relief Now Available For Hurricane Ida Victims!
We have some news for the victims of Hurricane Ida, the IRS just announced that tax relief is now available starting from Aug 26, 2021,...
New Update For Child Tax Credit!
The IRS has just released a new feature that allows any family receiving the monthly Child Tax Credit payments to update their mailing...
