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...
Is Household Wealth on the Decline?
Based on the latest updates from Thomson Reuters, the average household wealth saw a major drop in the second quarter of the current...
Are You Prepared for Retirement?
Whether you own a business or work for an employer, have you ever assessed whether how much you need to save up for rainy days and/or...
Inflation Update
This week the Fed will be releasing their inflation report or Consumer Price Index (CPI) as Q3 ends, with many signs of an imminent...
