IRS Proposes Regulations for AMIC
With the implementation of the Advanced Manufacturing Investment Credit that aims to encourage production of semiconductors and...
Interest Rates Remain Unchanged for Q3
The IRS has informed business owners that interest rates for the 3rd quarter of 2023 will not change from previous rates. Normally, we...
Deadline To Claim 2019 Tax Refund Approaching!
If you have not filed your tax return for 2019, we want to remind you that Monday July 17th, is the deadline to file your tax return for...
The Deadline For Estimated Payment Is Next Week!
We would like to remind business owners that next week, Thursday June 15th, is the deadline for paying your estimated tax payments. Most...
Are You Giving Your Hard-Earned Money Away?
With 2022 coming to an end, self-employed individuals and businesses are looking for ways to reduce their tax bills. One of the methods...
Biden’s Student Loan Forgiveness Plan On Hold Till January 2023
In August 2022, President Joe Biden introduced the Student Loan Forgiveness Plan to provide low-to-middle-income students and families...
Grow Your Business Through Tax Planning
Most business owners are interested in tax planning because without proper tax planning, business owners may end up with huge tax bills,...
Is the new rule on 1099-K going to affect you?
New IRS reporting rules for Form 1099-K may be applicable to some business owners in 2023. There is no change in the tax on income but...
IRS Warns Employers to Beware of Third-Party Services Offering Falsified ERC Claims
On October 19, 2022, the Internal Revenue Service (IRS) issued a warning to employers, notifying them to be wary of third-party services...
The Importance of Financial Statements
It is of the utmost priority that business owners learn the importance of financial statements and their significance. This not only...
